Third time lucky for Lloyds Bank shares?
Back above a pound after a recent retreat, independent analyst Alistair Strang gives his latest assessment of the high street bank’s share price chart.
27th May 2026 08:05
by Alistair Strang from Trends and Targets
Lloyds Banking Group’s share price, currently sitting at 101.50p, is displaying a point where an AI would be contemplating engaging reverse and backing away. After all, the share closing hard against a downtrend since 1999 is bad, the share price being at the third in a series of “lower lows”.
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We’re far from convinced the sky is about to fall as above 102p should construct an argument to visit 107.5p next with our secondary, if bettered, a ground breaking future 117p.
This future 117p, while perfectly capable of constructing some excuses for stutters in the near future, becomes important.
From our Big Picture perspective, it will now advance the share price into a region where a future attraction now from 153p shall be deemed possible. If the bank intends to spoil the party, the price now needs to close below 93p to mince our positive calculations.
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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