Encouraging technical news in Currys share price chart
After running his bespoke charting software again, independent analyst Alistair Strang reveals a new set of price objectives that 'deserve serious consideration'.
30th July 2026 07:30
by Alistair Strang from Trends and Targets
For many years, despite the rapid growth of online discount retailers, Currys (LSE:CURY) continued to offer something that internet-only competitors couldn’t: the opportunity to see products in person before making a purchase. Whether browsing white goods, smartphones, televisions or computers, customers could visit a Dixons, Currys or PC World store to compare models firsthand before deciding what to buy.
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The traditional strategy, of course, was to inspect the product in-store before checking prices online. Amazon, eBay and countless other retailers often undercut Currys, while Google’s shopping results made it even easier to compare prices within seconds. Once you’d settled on the perfect American-style fridge freezer after seeing it in a Currys showroom, there was every chance you could find exactly the same model elsewhere for considerably less.
Occasionally, however, convenience outweighs the savings.
When our television unexpectedly gave up the ghost, we quickly realised that watching everything on a laptop screen wasn’t going to replace a 50-inch TV. Rather than spend days researching online deals, we simply headed to Currys and bought a replacement. After all, our grandchildren were due to visit, and we feared they might actually have to spend the weekend talking to us instead of immersing themselves in the latest Netflix or Amazon Prime video series.
As it turned out, they found a third option entirely—spending most of the weekend on their phones, video-calling the same friends they see every day at school.
One pleasant surprise was discovering that Currys still stock “not-so-smart” televisions. That suited us perfectly, allowing us to continue using our trusted Roku streaming stick instead of relying on a manufacturer’s built-in smart TV platform.
Turning to the chart, there is encouraging technical news.
By moving above 163p, the Currys share price has confirmed a transition into a pattern of higher highs — a development that typically signals strengthening upward momentum. The move above this level opens the door to an initial target around 168p. If this barrier is overcome, the next objective sits at 191p, with a longer-term target of 244p should buying momentum continue.
These may not be the most ambitious price objectives, but the appearance of a confirmed higher-high pattern suggests they deserve serious consideration.
As always, there is a downside scenario to consider. Should the share price fall below 127p, it would suggest the current positive outlook has failed. Such a move could trigger a decline towards an initial target of 93p, with a secondary objective at 75p if selling pressure intensifies. We would hope this lower level would provide meaningful support.
For now, however, the technical picture remains constructive, and we continue to favour the upside.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
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