Lloyds Banking Group PLC (LLOY) - 25th August 2023 | @ 79 Days

'B' class signal detected in Lloyds Banking Group PLC (LLOY). Running at an average wavelength of 79 days over 11 iterations since April 2021. Currently approaching a trough.

Instrument Summary

Lloyds Banking Group, a prominent UK financial institution, emerged in 2009 from Lloyds TSB's acquisition of HBOS. With a rich history dating back over 320 years to the founding of the Bank of Scotland, it serves 30 million customers and employs 65,000 people. Headquartered in London and Edinburgh, it operates across the UK and internationally in the US, Europe, the Middle East, and Asia, with its EU base in Berlin. Brands like Lloyds Bank, Halifax, and Bank of Scotland cater to diverse customer attitudes. Listed on the London Stock Exchange, it's a constituent of the FTSE 100 Index.