Lloyds Bank resilient amid volatility
Here’s what independent analyst Alistair Strang’s charts say about share price potential for the FTSE 100 lender.
16th June 2025 09:23
by Alistair Strang from Trends and Targets
Thus far, world events have failed to destabilise the Lloyds Banking Group (LSE:LLOY) share price, although we’re inclined to an outpouring of caution due to crude oil and gold being goosed upwards during the past few sessions.
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Despite an accumulation of excuses for Lloyds’ share price not to accelerate properly, things are performing with some resilience. The share price is certainly fluttering around, but absolutely nowhere near any danger level, the shares needing to close below 48p before investing in running shoes becomes a great idea.
Currently, share price movement above 79p should prove capable of triggering recovery (we can still call it recovery for quite a while!) to an initial 89p with our secondary, if bettered, at a longer-term visually sensible 110p.
Source: Trends and Targets. Past performance is not a guide to future performance.
In fact, Lloyds are becoming irritating as we dare not describe movements as “growth” rather than “recovery” until such time when the share price closes above 110p, as a future 124p becomes available as a third level ambition, a point in time where arithmetic will allow us to describe a ridiculous-sounding 200p as exerting an attraction...
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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