Historic moment for Lloyds Bank shares
In a year when UK high street bank shares have performed brilliantly, independent analyst Alistair Strang has spotted a major milestone for this lender's share price.
22nd December 2025 07:58
by Alistair Strang from Trends and Targets
It seems, since the start of November this year, quite a lot has been happening for the Lloyds Banking Group (LSE:LLOY) share price.
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Firstly, it has closed above the green line on the chart below, a horizontal trend at around 89p, which dates confidently back to 2009. This was when the bank did their magical 'placing', giving existing shareholders the chance to buy additional shares at a discount. Unlike with a rights Issue, this was a decision taken by each shareholder and, while the share value changed the next day, many shareholders chose not to take advantage of the opportunity, seeing the market gapped down the next morning.
However, on 25 November this year, the share price was gapped up above this green horizontal trend.
Now, we can move onto the immediate picture for Lloyds share price, especially as it just achieved another 'higher high' since piercing our green Line since 2009.
The immediate situation suggests movement above 97.74p should promote gains in the direction of a confident sounding 99.5p with our secondary, if bettered, now at 101.7p and some hesitation.
While betting on the banking sector is a bit like betting on the timing of temporary traffic lights, movement to our eventual 104p level looks comfortable.
There is another detail, worthy of mention, and it’s akin to playing with temporary traffic lights in Argyll. Once the Lloyds share price manages to actually close a session above our 104p level, long-term recovery to around 201p shall be seen as commencing.
Source: Trends and Targets. Past performance is not a guide to future performance. Important: Trends and Targets charts only incorporate official share count consolidations, ignoring rights issues where investors have a choice as to whether to participate.
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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