Problems with Lloyds Bank shares
The popular high street bank's share rice has achieved several significant milestones over the past year, but independent analyst Alistair Strang has some concerns.
9th February 2026 07:58
by Alistair Strang from Trends and Targets
There are a few issues with Lloyds Banking Group (LSE:LLOY) that are bothering us.
When we reviewed Lloyds three weeks ago, we started with an attempt to shorten our article, simply stating above 104p should trigger an initial 113p with our secondary, if bettered, at 122p.
- Invest with ii:Open a Stocks & Shares ISA | Top ISA Funds | Transfer your ISA to ii
The movement to 113p obviously triggered but, crucially, the share price failed to close above 113p and this generated an immediate worry from our perspective. Essentially, until such time the share value closes above 113p, any ambitions toward our secondary at 122p (and above) dare not be entertained.
If we’re searching for more problems, Lloyds' share price need only slip below the recent low of 105.7p to risk triggering reversals to an initial 99p which looks fairly certain to provoke some sort of bounce. But if the share price makes it below 99p, a visit to a probable bottom of 95p looks strangely confident.
An alternate, less likely, immediate scenario demands the Lloyds price exceed 108.8p to provide a lift to an initial 112.5p with our secondary, if bettered, at 117p, once again placing the share price at risk of finding an attraction from our 122p.
Our suspicion, instead, anticipates Lloyds falling to the 99p, then experiencing a quite positive bounce, potentially aiming for our 117p in a series of strong movements, once again placing the share in position for happier days ahead in the longer term.
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.
These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.