NYSE:LYG - New York Stock Exchange, Inc. - US5394391099 - ADR - Currency: USD
Overall LYG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LYG is showing a nice and steady performance.
Although LYG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
2.90
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LYG is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LYG is up. |
ChartMill Relative Strength | 84.8 | POSITIVE | LYG has a high relative strength, it outperformed 84.8% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LYG is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LYG is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LYG is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 50.94 | NEUTRAL | The RSI value for LYG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LYG has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for LYG is a neutral value. |
Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for LYG suggests low volalility. |
Average Directional Index/ADX (14) | 11.41 | NEGATIVE | The low ADX value for LYG suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
4.23 | 4.08 | 0.15 (3.50%) | 25.00% |
An entry @4.23. This is a Buy Stop order right above the 10 day moving average. | An exit @4.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 3.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
4.2
-0.12 (-2.78%)