Will Barclays drop be short-lived?
After a strong year, shares in the high street lender have wobbled with the rest of the stock market. Independent analyst Alistair Strang gives his latest assessment of prospects.
17th November 2025 07:46
by Alistair Strang from Trends and Targets
Barclays (LSE:BARC) appears to be extracting itself from the long winter experienced since 2010, having successfully attained our primary and secondary targets given in our analysis three weeks ago.
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Despite the share price closing above our secondary target, there now appears to be some effort being made to slow down the pace of rise. From a fairly near-term perspective, below 409p risks promoting reversals to an initial 391p with our secondary, if broken, at a hopefully rebound bottom of 378p.
Share price closure below 378p risks introducing real danger to the report, giving the threat of Big Picture reversals to an initial 320p with our secondary, if broken, at 284p. The trouble from such a notion is the risk of the price moving below the Blue trend break level of 307p, absolutely stuffing share price recovery prospects.
Hopefully current movements simply mirror the market attempting to slow down the bank's prospects until such time the Bank of England reduces interest rates at their next policy meeting on 18 December.
From a more immediate perspective, above 424p should be useful, triggering movement to an initial 454p with our secondary, if exceeded, at a future 505p. From a Big Picture perspective, we shall view a distant sounding 580p as exerting an eventual attraction.
In summary, we suspect current events shall prove short-lived and Barclays will commence further gains, once they find the correct excuse.
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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