Barclays stock price forecast: Sideways action likely as BARC shows weak buy signals

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Barclays slides 1.20% today to $404.20

Highlights

Barclays admitted 3,493,319 new ordinary shares to trading, with total shares outstanding reaching 13,725,209,260 as of March 31, 2026.
Internal research shows one-third of Barclays customers feel uneasy discussing finances, with selling pressure persisting in its shares.
Technically, the stock faces mixed signals with momentum uncertainty and is likely to trade sideways between $395.00 and $415.00 in the near term.

Share capital expands and sentiment softens while selling pressure persists

Barclays PLC announced the admission of 3,493,319 new ordinary shares to trading on the Main Market of the London Stock Exchange identified by ISIN GB0031348658, which are fungible with existing ordinary shares. As of March 31, 2026, the company's issued share capital consists of 13,725,209,260 ordinary shares with voting rights, and no shares are held in treasury. Internal research found that a third of Barclays customers feel uncomfortable discussing financial matters, with five percent actively avoiding such conversations, though price action has remained under broader selling pressure.

Mixed technical signals as price hurdles resistance and momentum diverges

At $404.20, the price is above the MA-20 ($393.51), below the MA-50 ($440.20), and just under the MA-200 ($406.38), indicating short-term bullishness but lingering medium- and long-term resistance. The Ichimoku Kijun level at $418.20 sits above the current price and serves as immediate resistance. Momentum signals are mixed: MACD D1 gives a strong sell, while ADX indicates selling pressure with a reading of 25.34, while RSI D1 signals mild buying interest at 50.56 and CCI D1 confirms a bullish tilt, but Stoch RSI and BBP indicate strong overbought and buyer-dominated conditions. The Awesome Oscillator is neutral and does not reinforce the ongoing trend. Today opened lower with a slight gap and has since regained ground, trading near the upper half of the day’s range in moderate volatility. The day’s performance shows mild downside pressure after the open despite prevailing intraday buyer strength, and the divergence among oscillators and trend indicators reflects an uncertain tone.

Sideways price scenario likely as buy signals remain scarce

For the next five trading days, the expected price range is $395.00 to $415.00, defining a typical volatility band relative to current levels. With just one buy signal among the weekly RSI, ADX, MACD, and MA-50, there is a very low probability (less than 20%) of a significant upward move. The baseline scenario sees price action continuing within a broad sideways corridor between $395.00 and $415.00. A sustained move above $418.20 could open the path toward higher resistance, while a break below $395.00 may trigger a deeper retracement toward recently tested downside levels.

Anton Kharitonov, expert at Traders Union, notes that Barclays PLC is caught between short-term bullish signals and strong resistance from longer-term averages. He sees mixed momentum with few reliable buy indicators, while recent news on share issuance and customer sentiment fails to lift the stock out of its sideways range. The analyst remains defensive as technical pressure and hesitant sentiment point to limited upside in the near term. "Until Barclays can reclaim and hold above $418.20, any upside is likely to be short-lived; I remain cautious and prefer to wait for clearer confirmation from price action."

Previously it was reported that Barclays was experiencing tentative short-term bullish momentum amid persistent medium-term challenges and cautious investor sentiment. The current analysis reinforces this view with fresh evidence of mixed momentum signals and range-bound price action, highlighting the importance of monitoring the $418.20 resistance as a potential inflection point for any sustained trend shift.

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.