Why Barclays shares give reason for hope
Independent analyst Alistair Strang explains what his software claims could happen with shares in the high street lender.
11th May 2026 07:42
by Alistair Strang from Trends and Targets
Nothing really has worked out in Barclays favour since March. Our conventional approach and thinking currently presents a scenario where we are supposed to patiently explain the bank's shares are a “sure thing”.
- Invest with ii:Open a Stocks & Shares ISA | Top ISA Funds | Transfer your ISA to ii
According to our charts, they only need closure above 455p to trigger solid movement to an initial 550p with our secondary, if beaten, calculating at a longer-term 613p. But we distrust this, feeling world events are proving capable of sticking a drone through the spokes of optimism.
However, even from a near-term perspective, there is reason to hope for early signals.
At present, above just 453p calculates as being capable of triggering gains to an initial 484p with our secondary, if beaten, at a future 500p. This alone should enjoy the potential of committing to a longer-term domino effect. Or so our software claims.
Our alternate scenario requires the price to relax below 419p to cause trouble, giving an initial visit to an initial 398p with our secondary, if broken, at 373p and perhaps a proper bounce.
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.
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.