Standard Chartered and potentially higher-value shares
Despite shock at controversial comments from its CEO, independent analyst Alistair Strang is optimistic about the share price chart.
28th May 2026 12:17
by Alistair Strang from Trends and Targets
The boss of Standard Chartered is currently blowing fresh air through the hole in his foot, the crime being saying the truth out loud. But describing people as “lower-value human capital” was perhaps a poor choice of words.
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Bill Winters expects to consign 15% of back office staff to the bin in the next few years. Obviously, the media chose to savage the guy in the hope of creating a vacancy at the top of the company, disregarding the important detail of his honesty.
Standard Chartered shares currently don’t look terribly bad,; in fact quite the opposite. Above 1,980p shows potential of triggering share price movement to an initial 2,032p with our secondary, if bettered, at 2,220p.
Our strong inclination is toward optimism for this scenario, their CEO’s statement apparently failing to cause any harm.
If a negative converse scenario is examined, at present Standard Chartered needs below 1,700p to provoke reversal to an initial 1,439p with our secondary, if broken, at 1,113p and a probable rebound point. At present, nothing is pointing in the direction of such a calamity.
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.
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