Barclays Price: BARC Shows a Recovery Path, Following a Spring Toward 220

PUBLISHED: Apr 19 2025 @ 21:36 | Comments (0) | More info about Azeez Mustapha

February and March trade sessions basically witnessed a series of feeble waxing price actions at the top sides of the moving averages in the exchange proceeds of Barclays Plc (LSE:BARC), given that the current stock’s financial outlook shows a recovery path, following a spring toward 220.

The path to sustained upside momentum hinges on maintaining a firm support base, with the 260-level trade lines acting as a critical floor that must not be decisively breached to validate continued progression along the moving average trend indicators. Concurrently, new long-position entrants must remain tactically alert, ready to engage as early signs of bullish pressure emerge—particularly around the EMA convergence zones where directional cues often manifest.

Resistance Levels: 300, 310, 320
Support Levels: 260, 250, 240

With BARC PLC exhibiting recent surges and price action consolidating around the EMAs, what is the prevailing directional bias?

If the Barclays PLC stockholders would keep a breath of momentum above the trade zones of 260, the subsequent volatile price movements will be to push higher beyond the trend lines of the moving averages, given that the price has now shown a recovery path, following a spring toward 220 values.

The overall indicator configuration currently suggests a greater than 55% probability of continued upside, with the 15-day EMA beginning to curve upward beneath the 50-day EMA—a potential signal of bullish momentum in development. Additionally, the stochastic oscillators have pivoted northward from the oversold region, stabilizing near the 60 level. Should the emerging bullish momentum avoid rejection near the 50-day EMA threshold, the price action is likely to breach further resistance levels in subsequent sessions.

Learn from market wizards: Books to take your trading to the next

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

Follow @ItuGlobal

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.