An upbeat view on London Stock Exchange Group shares

Having already bounced 38% from their February low and trading at their highest since November, independent analyst Alistair Strang's charts suggest there may be more to come.

16th April 2026 07:46

by Alistair Strang from Trends and Targets

Share on

Outside of London Stock Exchange, Getty

It makes a pleasant change to provide a positive outlook against London Stock Exchange Group (LSE:LSEG)'s share price!

When we previously reviewed LSEG last November, we’d proposed a drop level of around 6,828p, but on the day the share price “only” fell to 6,882p, a curious juxtaposition, maybe a calibration error, maybe one of our dreadful typos as we rush to review 90-plus shares and create a headline article such as this.  

Making matters worse, the writer is still wearing a pair of reading glasses bought in a petrol station in 2004.

The current situation with LSEG is optimistic, the share price officially achieving a higher high and suggesting movement next above 9,313p should trigger share price recovery to an initial  10,418p with our secondary, if beaten, a longer-term confident looking 11,685p.

While world events suggest this is a 'fingers crossed' scenario, perhaps LSEG is on the verge of creating a new price cycle.

If things intend to go wrong, the share price needs to dip below 8,163p for panic, this allowing the prospect of reversal to an initial 7,101p with our secondary, if broken, at a hopeful bottom of 6,015p.

lseg160426.jpg

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.

Related Categories

    Technical AnalysisTrading tips and ideasUK shares

Get more news and expert articles direct to your inbox