Lloyds Looking Weak

FTSE 100 – Lloyds (LLOY:  59.597) Target (55)

The intermediate trend for stock is down as it trends lower top-lower bottom formation.  Stock is trending below 21,50 and 200 days moving average, is also a negative indicator for trend.  Further the position of daily momentum studies are also negative with major indicators trading lower below mid range.  On trading below 65 the target comes first at 56.5 and thereafter at 55.

Lloyds Banking Group plc, through subsidiaries and associated companies, offers a range of banking and financial services. The Company provides retail banking, mortgages, pensions, asset management, insurance services, corporate banking, and treasury services.

Open – 59.07

Day Range – 59.02-60.06

52WK Range – 59.01-89.35

Market Cap (B GBP) – 42.415

Shares Outstanding (B) – 71.374

Sector – Financials

Industry – Banking

Sub-industry – Banks

Risk Warning

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