LLOYDS BANKING GROUP PLC-ADR (LYG) Stock Technical Analysis
NYSE:LYG - New York Stock Exchange, Inc. - US5394391099 - ADR - Currency: USD
Taking everything into account, LYG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, LYG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, LYG did better than 91% of all other stocks. On top of that, LYG also shows a nice and consistent pattern of rising prices.
LYG is part of the Banks industry. There are 396 other stocks in this industry. LYG outperforms 94% of them.
LYG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
LYG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
LYG has an average volume of 28275600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LYG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.28. Right above this resistance zone may be a good entry point.
More info and screens
2.82
4.34
We found 5 important support areas.
- A support zone ranging from 4.18 to 4.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.07 to 4.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.88 to 3.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.63 from a trend line in the daily time frame.
- Support @2.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.28 to 4.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 91.36 | POSITIVE | LYG has a high relative strength, it outperformed 91.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LYG is above the rising 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) | 60.06 | NEUTRAL | The RSI value for LYG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LYG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.07 | NEUTRAL | The Stochastics value for LYG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for LYG suggests low volalility. |
| Average Directional Index/ADX (14) | 20.18 | NEUTRAL | The ADX value for LYG suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 4.31 | 4.17 | 0.14 (3.25%) | 25.00% |
| An entry @4.31. This is a Buy Stop order right above the resistance zone. | An exit @4.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 3.25%. | For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
4.22
+0.07 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.69%
1 Week0.72%
2 Weeks0.24%
1 Month5.76%
3 Month14.99%
6 Month51.25%
12 Month55.72%
2 Year91.82%
3 Year106.86%
5 Year181.33%
10 Year-22.28%
15 Year33.54%
Volatility
ATR(14)0.07
ATR(20)%1.77%
ATR Inc-4.31%
Range Today0.03
ADR(20)0.06
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.36
Mansfield2.4
10 Day High4.28
10 Day Low4.11
20 Day High4.3
20 Day Low3.95
52 Week High4.3
52 Week Low2.56
CS1 End4.19
CR1 Start4.28
Volume & EV
DER(3)1.76%
DER(5)0.57%
Volume12.62M
Volume Incr-47.49%
Vol(5)13.67M
Vol(50)28.28M