LLOYDS BANKING GROUP PLC-ADR (LYG) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:LYG • US5394391099
Overall LYG gets a technical rating of 10 out of 10. 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 93% of all other stocks. We also observe that the gains produced by LYG over the past year are nicely spread over this period.
- LYG is one of the better performing stocks in the Banks industry, it outperforms 97% of 381 stocks in the same industry.
- LYG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LYG is lagging the market slightly.
- LYG has an average volume of 7717310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month LYG has a been trading in the 5.37 - 6.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although LYG has an excellent technical rating, it does not offer a high quality setup 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
4.35
4 important support areas can be observed.
- A support zone ranging from 5.72 to 5.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.81 from a trend line in the daily time frame.
- A support zone ranging from 4.60 to 4.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.39 from a horizontal line in the daily time frame.
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 | 93.58 | POSITIVE | LYG has a high relative strength, it outperformed 93.58% 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) | 59.72 | 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) | 57.3 | NEUTRAL | The Stochastics value for LYG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for LYG suggests some volalility. |
| Average Directional Index/ADX (14) | 43.8 | POSITIVE | The high ADX value value for LYG suggests a strong trend. |
5.91
+0.1 (+1.72%)
LLOYDS BANKING GROUP PLC-ADR / LYG FAQ
What is the technical rating for LYG stock?
ChartMill assigns a technical rating of 10 / 10 to LYG.
What is the trend direction for LYG stock?
The current trend direction for LLOYDS BANKING GROUP PLC-ADR (LYG) is Bullish.
What is the RSI signal for LLOYDS BANKING GROUP PLC-ADR (LYG) stock?
LLOYDS BANKING GROUP PLC-ADR (LYG) has an RSI value of 59.7234. 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 positive.
What is the buy/sell signal for LLOYDS BANKING GROUP PLC-ADR (LYG) stock?
The buy/sell signal for LLOYDS BANKING GROUP PLC-ADR (LYG) is buy as both the short term and long term trends are positive.