Strong selling pressure, negative technical signals: Barclays stock slides 5.54%

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Barclays drops 5.54% to $376.95 today

Highlights

Barclays reported a 12% increase in 2025 pretax profit to £9.1 billion, raising profitability targets and outlining a £15 billion shareholder return plan for 2026–2028.
A new partnership with Sage aims to expand Barclays’ UK SME services, focusing on compliance for digital income tax requirements.
The stock faces continued selling pressure with technical indicators confirming a strong downtrend, projecting consolidation between £370 and £395 over the next week.

Profit gains and buybacks fail to offset persistent selling pressure

On February 10, Barclays reported a 12% increase in 2025 pretax profit to £9.1 billion, raised its return-on-tangible-equity target to above 14% by 2028, and announced plans to return over £15 billion to shareholders between 2026 and 2028, including a planned £1 billion buyback. Recently, the bank entered a partnership with Sage to streamline UK SME business administration, focusing on Making Tax Digital for Income Tax requirements. The CEO indicated the expected impairment related to Market Financial Solutions is materially lower than the maximum £500 million exposure, though price action has remained under broader selling pressure.

Downside momentum confirmed as price tests oversold technicals

From a technical perspective, BARC is showing broad downside momentum, with the current price remaining well below the SMA-20 ($427.71), SMA-50 ($459.09), and SMA-200 ($403.28). The Ichimoku Kijun at $434.90 serves as immediate resistance, and price action has gravitated toward the lower end of today’s range ($375.60–$391.65) following a gap down at the open. Momentum indicators including MACD and ADX confirm prevailing downside pressure. Oscillators such as RSI (37.61), CCI (–64.24), and near-oversold Stoch RSI point toward declining momentum, while BBP’s negative value and intraday “oversold” warning signal persistent seller dominance. The Awesome Oscillator is neutral, suggesting some divergence in intraday signals versus the dominant trend, but the overall environment remains negative.

Limited rebound chances as volatility constrains near-term range

In the near term, the outlook for BARC is for continued consolidation in a price band between $370 and $395, reflecting typical volatility around current levels as sellers remain dominant. The probability of a rebound is low, with less than 20% likelihood of sustained upward movement. Breaking above $395 would open potential for a test of the $400–$405 resistance area if sentiment improves, while a move below $370 may trigger further downside, as there is little immediate technical support below this level.

Viktoras Karapetjanc, expert at Traders Union, sees Barclays’ latest earnings and shareholder initiatives as strong fundamental signals despite prevailing technical weakness. The analyst believes recent partnerships and management’s confident outlook will help restore sentiment once macro headwinds subside. Current downside is driven more by broad seller pressure than by fundamental flaws. "With such robust fundamentals and a clear return plan, I expect BARC to consolidate now but rebound as sentiment improves and technicals stabilize."

Earlier, analysts noted that Barclays was experiencing persistent bearish momentum, with technical signals broadly confirming strong seller control across multiple timeframes. The current article corroborates this negative tone, but with newly announced shareholder returns and a recent corporate partnership, investors should closely monitor whether sentiment shifts enough to push BARC decisively above the $395 resistance area or if continued selling pressure drives a breakdown below $370.

Source of Data: BARC Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.