Resistance

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Barclays PLC (BARC) stock lost over 3.50% of its trading price in the weekly time frame.&nbsp;</a> </li> 
 <li> <span>2</span> <a>Despite decline in weekly frame, BARC stock price surged 6.06% in a month and 12.10% in the past six months.</a> </li> 
 <li> <span>3</span> <a>Barclays PLC reported 4.03% less revenue than estimated figures.&nbsp;</a> </li> 
</ul> 
<p>Barclays Plc stock lost over 3.90% of its trading price in the weekly time frame. At the time of publishing, BARC stock was trading at 154.50 GBX with an intraday trading volume of 65.687k.&nbsp;&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-barclays-plc-barc-stock-price-analysis-strong"><strong>Barclays PLC (BARC) Stock Price Analysis&nbsp;</strong></h2> 
<p>In the 52 weeks time frame, Barc stock price peaked at 193.18 GBX and it lowest traded at $128.12 GBX. Barclays PLC has a market capitalization of 23.701 Billion GBX.&nbsp; Companie market cap (dot)com shows that a decline of 2.91% is seen in the market capitalization of Barclays PLC market cap in 2023 compared to 2022.&nbsp; </p> 
<p>At the time of writing, BARC stock price was trading below 20,50,100 and 200 day exponential moving averages (EMA). The annual price target of Barclays Plc share price is 221.48 GBX.&nbsp; The MACD line and signal line is below the zero line in the bears region and significant seller accumulation is observed below the histogram.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="551" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-804-1024x551.png" alt="Barclays PLC: Will BARC Stock Retest 155 GBX Amid Weekly Decline" class="wp-image-171206" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-804-1024x551.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-804-300x161.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-804-768x413.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-804-750x403.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-804.png 1080w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Barclays PLC (BARC) stock price from <a href="https://www.tradingview.com/x/c6p639CT/">TradingView&nbsp;</a>
  </figcaption>
 </figure>
</div> 
<p>Despite a decline on the weekly frame, BARC stock price surged 6.06% in a month, and 12.10% in the past six months.TradingView data shows that 13.357 Billion BARC shares are free floating and remaining 1.966 Billion shares are closely held.&nbsp;&nbsp;</p> 
<p>The RSI line crossed the boundary line and entered the seller dominated area in the first half of the September 25 trading session. Barclays PLC has paid 4.96% as dividend yield (TTM) in its previous payment.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-barclays-plc-barc-financial-updates-strong"><strong>Barclays PLC (BARC) Financial Updates&nbsp;</strong></h3> 
<p><a href="https://www.thecoinrepublic.com/2023/09/11/lucid-stock-holds-5-support-will-lcid-stock-reach-8-00-soon/" target="_blank" rel="noreferrer noopener">Barclays PLC </a>failed to meet the analyst expectations in the second quarter of 2023 and reported 4.03% less revenue than the estimated figures.&nbsp;</p> 
<p>For Q2, the expected revenue was 6.55 Billion GBX however the reported revenue was 6.29 Billion GBX. Despite negative revenue, reported EPS of the company was 7.90% greater than the estimated number.&nbsp;</p> 
<p>In the financial year 2022, Barclays PLC reported 36.59 Billion GBX in revenue from which its net income was 5.02 Billion GBX and profit margin was 13.73%.&nbsp;</p> 
<p>Barclays Plc operates as a bank holding company, which engages in the provision of retail banking, credit cards, corporate and investment banking, and wealth management services.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p>Support Level: 153.76 GBX &amp; 152.40 GBX&nbsp;</p> 
<p>Resistance Level: 155.92 GBX &amp; 157.18 GBX&nbsp;&nbsp;</p> 
<p><strong>Conclusion: </strong>At the time of writing, BARC stock price was trading below 20,50,100 and 200 day exponential moving averages (EMA). The MACD&nbsp; indicator and RSI are reflecting a negative outlook and suggest that a further decline in the trading volume is expected in the coming weeks.&nbsp;</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

Barclays PLC: Will BARC Stock Retest 155 GBX Amid Weekly Decline

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