Barclays PLC ADR (BCS) currently holds a perfect SIA SMAX score of 10 out of 10. Initial 3-box reversal support is found at $26.03, with additional support near the prior resistance level of $24.05. The shares are currently testing resistance at $28.74, followed by further resistance at $31.11, based on a measured move.
From a sector perspective, Banking is the top-ranked favoured sector in the SIA Sector Report, holding the #1 position out of 31 sectors. The sector has moved up 1 spot over the past month and 6 spots over the past quarter.
The last point-and-figure signal was a bullish spread double top. BCS is ranked #26 in the SIA International ADR Report. The shares have moved down 12 spots over the past month but remain up 64 spots over the past quarter.
BCS has declined 0.81% over the past month, gained 17.32% over the past quarter, and advanced 46.98% over the past year. By comparison, the iShares MSCI ACWI Index has gained 0.27%, 1.90%, and 28.45% over the same respective periods.
Barclays PLC is a British multinational universal bank headquartered in London, England. The company operates through five divisions: UK Consumer Bank, UK Corporate Bank, Private Bank and Wealth Management, Investment Bank, and US Consumer Bank. Through these divisions, Barclays serves customers, clients, and communities across its banking and financial services operations.
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