Vodafone shares: will breakout lead to a bigger move?
Independent analyst Alistair Strang reveals what his software indicates for the blue-chip telecoms firm.
20th October 2026 09:00
by Alistair Strang from Trends and Targets
Has Vodafone Group (LSE:VOD) done anything exciting from the market’s perspective?
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Maybe, is the useless answer. The share price has broken through the blue downtrend, crucially not closing a session below 112p. This is a fairly big deal, confirming the share price remains in a zone where some proper future acceleration has become logical.
Currently, above 126p calculates with the potential of triggering gains to an initial 132p with our secondary, if bettered, at 140p. We may also cough politely, mentioning a future 200p is exerting a greater attraction.
But if Vodafone closes a session below 112p, does it face an impact on its share price?
We are not entirely sure due to the price behaviour since breaking the blue downtrend. Apparently, below 115p should trigger reversal to an initial 108p with our secondary, if broken, working out at 100p and ideally, a bounce.
For now, we think Vodafone is mucking around but we suspect it intends to head upwards.
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.
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