LLOYDS BANKING GROUP PLC-ADR (LYG) Technical Analysis
NYSE:LYG • US5394391099
Current stock price
LYG Technical Rating and Analysis
Taking everything into account, LYG scores 2 out of 10 in our technical rating. Although LYG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month LYG has a been trading in the 4.81 - 5.50 range, which is quite wide. It is currently trading near the lows of this range.
- LYG has an average volume of 21416400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that LYG is one of the better performing stocks in the market, outperforming 71% of all stocks. However, we also see that LYG couldn't keep up this performance in the last couple of months.
- LYG is an average performer in the Banks industry, it outperforms 60% of 380 stocks in the same industry.
- LYG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LYG is lagging the market slightly.
LYG Weekly and Daily overview Charts
LYG Setup Rating and Analysis
LYG has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
LYG Support and Resistance Analysis
4.77
When analyzing the support we notice one important area.
- A support zone ranging from 4.82 to 4.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.84 to 4.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.03 to 5.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
LYG Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for LYG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LYG is down. |
| ChartMill Relative Strength | 71.28 | POSITIVE | LYG has a high relative strength, it outperformed 71.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LYG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LYG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LYG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.05 | NEUTRAL | The RSI value for LYG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LYG has a negative trend. |
| Stochastics (14,3) | 21.61 | NEUTRAL | The Stochastics value for LYG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for LYG suggests some volalility. |
| Average Directional Index/ADX (14) | 31.05 | POSITIVE | The high ADX value value for LYG suggests a strong trend. |
LYG Chart- and CandleStick Pattern Analysis
LYG Technicals: Chart, Performance Metrics, Trend & Indicators
4.83
-0.11 (-2.23%)
LLOYDS BANKING GROUP PLC-ADR / LYG TA FAQ
What is the technical rating for LYG stock?
ChartMill assigns a technical rating of 2 / 10 to LYG.
What is the trend direction for LYG stock?
The current trend direction for LLOYDS BANKING GROUP PLC-ADR (LYG) is Bearish.
What is the RSI signal for LLOYDS BANKING GROUP PLC-ADR (LYG) stock?
LLOYDS BANKING GROUP PLC-ADR (LYG) has an RSI value of 34.049. This indicates that the stock is currently neutral.
What is the short term momentum for LLOYDS BANKING GROUP PLC-ADR (LYG) stock?
The short term momentum for LLOYDS BANKING GROUP PLC-ADR (LYG) is negative.