Legal & General Group Price: LGEN Trades Through Barriers, Poising to Break 260

PUBLISHED: 07 Aug 2025 @ 00:13 | Comments (0) | More info about Azeez Mustapha

Putting in more efforts has persistently been established by buyers in the exchange of Legal & General Group Plc (LSE:LGEN), as the stock trades through barriers, poised to break past the resistance of 260.

Variant candlesticks that have been surfacing have resorted to keeping northward alongside the pathways of the moving averages, making the point of 245 a critical support market zone that investors must be wary of, especially as momentum builds for a sudden bullish push-through at any unexpected time, fueled by underlying structural strength.

Resistance Levels: 270, 280, 290
Support Levels: 245, 240, 235

Given the EMA positioning, should LGEN Plc shareholders anticipate further gains beyond the 260 level?

Further gains are likely, as long-term pushers may prevent a stable reversal from fully forming around the 260 zone, as the Legal & General Group Plc stocks trade through barriers, poised to break the value line.

The trending postures of the moving average indicators have steadily aligned northward alongside notable bullish candlesticks, placing the 15-day EMA above the 50-day EMA and reinforcing sustained upward momentum within the broader trend structure. There has been a slight southbound-turning tendency in the way the stochastic oscillators have been oscillating around the 20-point threshold, reflecting weakening buyer pressure within a consolidating technical framework.

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.