Standard Life @ 173p

Standard Life is one of the largest Life Insurers and Investment Houses in the UK.

The shares have traded in a HUGE range (DAILY) between 288p on 10th Dec and 123.50p on 10th March.

SL hit a HIGH 2 years ago @ 357p in June 2007, one year after listing on the stock market. Recent low of 124p was in March 2009.

The shares have not closed above 262p on a monthlay basis since Novemebr 2007.

The technicals on a Daily, Weekly and Monthly basis are

D MACD(-0.93) STOC (23) RSI (49) 5ema (173p) 50ema (181p)
W MACD(-15)STOC (71) RSI (44) 5ema (176p) 50ema (240p)
M MACD(-30)STOC (21) RSI (38) 5ema (188p)

Last DAILY BUY signal was triggered on 12March @ 160p
Last DAILY SELL signal was triggered on 9th Feb @ 198p

Last HOURLY BUY signal was triggered on 8th April @ 172p
Last HOURLY SELL signal was triggered on 3rd April @ 182p

Support levels are 102p and 123p
Resistance levels are 187p and 226p

Set a long term BUY @ 100p and SELL @ 225p

Last 13 days trading range (Hourly chart) 156-192p

Retest of 150-156p to BUY could push the shares up to resistance at 226p, however the 50ema(181p), 100ema (196p) and 200ema (212p) are still falling and the 5ema (173p) has failed to break above the higher ema lines since the 22nd December.

Plan to SELL @ 196-204p with stop/loss at 211p and target low of 156p.
Plan to BUY @ 150p with a stop/loss of 144p and a target high of 222p