Compound decline for the English banking holding company, down 1.87% on previous values.
On a weekly basis, Barclays’ trendline is showing a stronger performance than the FTSE 100 trendline. This demonstrates investors’ greater buying appetite for Barclays compared to the index.
Barclays’ technical status is strengthening in the short term, with resistance area seen at £2.26, while the first support is estimated at £2.204. Technical implications lean towards an extension of the performance in a bullish direction, with resistance seen at £2.316.
The indications are to be considered merely informational tools, and are in no way intended to constitute financial advice, solicitation to public savings or promotion of any form of investment.
(By the Teleborsa Research Office)