Legal & General Group (LGEN)

Sell: 226.20p

Buy: 227.40p

Change: -1.60p | -0.70%

Last updated 16:37 22/10/24. Prices delayed by at least 15 minutes. Change is calculated based on previous close price.

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term:

Strong Bullish
Medium term:

Strong Bullish
Long term:

Strong Bullish

Short term comment

The evolution of prices has generated a scenario that would technically be bullish placing the price at 225.663 levels, especially critical support below which the technical rating would go to a neutral state. Upward, it is advisable to monitor resistive levels of 232 and 237.4 that would warn of an improvement in technical bias.

Long term comment

Between february 13 and july 13 there was a bullish phase that moved the prices from 186.183 to 250.909. This phase was corrected by a relevant bearish reaction that returned the quotation until 205.909 on the 27th of august levels. Following this, the current rise from 205.909 to 231.900 has not reached the previous highs at 250.909, an area of significant resistance.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3	Support 2	Support 1	Resistance 1	Resistance 2	Resistance 3
221.2000	223.9000	225.2000	227.9000	229.3000	232.0000

Alerts

Alerts
Priority	Date	Warning
Medium priority	23/10/2024	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	23/10/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	23/10/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
High priority	23/10/2024	Price in support area Its loss would be a negative signal, but note the possibility of noise around the level.
High priority	23/10/2024	The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
Medium priority	22/10/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	22/10/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	22/10/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
High priority	22/10/2024	The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
High priority	22/10/2024	The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
Medium priority	21/10/2024	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.

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The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.