• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Top FTSE 100 Index shares forecasts: IAG, BT Group, Rolls-Royce

by June 19, 2025
by June 19, 2025

The FTSE 100 Index has pulled back in the past few weeks after a series of weak UK economic data and as geopolitical risks rose. The index, which tracks the biggest UK companies, dropped to £8,800 on Thursday, a few points below the year-to-date high of £8,893.

UK stocks will be in the spotlight as the Bank of England (BoE) delivers its interest rate decision on Thursday. These numbers come a day after a report showed that UK inflation remained above 3.4% in May, higher than the BoE’s target of 2.0%.

Therefore, while the UK labor market has worsened, the bank is concerned that more interest rate cuts will stimulate inflation in the country. 

The FTSE 100 Index has also pulled back as concerns about geopolitics remain. Media reports suggest that Donald Trump has decided to bomb Iran’s nuclear program, risking a widespread crisis. 

This article conducts a technical analysis on top FTSE 100 shares, including BT Group (BT.A), Rolls-Royce (RR), and Rolls-Royce Holdings (RR).

BT Group share price forecast

BT stock chart | Source: TradingView

BT Group, one of the top telecommunication giants in the UK, has been in a strong bull run in the past few months. This rally happened after it formed a giant 95.68p between 2023 and 2024. It surged and moved above the neckline at 142,40p, the highest swing in April 2023. A double-bottom pattern is one of the most bullish patterns in technical analysis.

BT Group share price formed a golden cross pattern as the 200-week and 50-week Exponential Moving Averages (EMA). A golden cross is one of the most bullish patterns in technical analysis. 

Further, the Relative Strength Index (RSI) and the Average Directional Index (ADX) have all continued rising in the past few months. The RSI has moved above 70, while the ADX moved to 23, a sign that bulls are gaining strength.

Therefore, the stock will likely continue rising as bulls target the next psychological point at 250p. A move below the support at 170p will invalidate the bullish view.

Rolls-Royce share price analysis

RR stock price chart | Source: TradingView

The weekly chart shows that the Rolls-Royce stock price has been in a strong rally in the past few years, making it one of the best-performing FTSE 100 Index shares. 

This surge happened because of the ongoing civil aviation demand. Just recently, we reported that Chinese carriers are preparing a large order for Airbus planes, many of which will use Rolls-Royce engines. 

Rolls-Royce’s defense business is also seeing more demand as geopolitical tensions rise, while its power business is benefiting from the AI sector. 

The weekly chart shows that the Rolls-Royce share price has jumped above all moving averages, while oscillators point to more gains. As we have written before, there are signs that the RR stock will jump and hit the resistance at 1,000p soon.

IAG share price forecast

IAG stock chart | Source: TradingView

The weekly chart shows that the IAG stock price surged from a low of 1.0275 in 2022 to a high of 4.405p in February. It then pulled back and retested the important support level at 2.540p, its highest point in March 2021. This means that the stock did a break-and-retest pattern, a popular continuation sign.

IAG share price is about to form a double-top pattern at 4.405p, its highest point in February. A double-top pattern will point to more downside as long as it is below the double-top point at 4.405p. 

On the positive side, a break above the double-top point at 4.40p will invalidate the bearish view and point to more gains, potentially to 5p.

The post Top FTSE 100 Index shares forecasts: IAG, BT Group, Rolls-Royce appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Red light for Tesla robotaxis? Texas Democrats urge launch halt
next post
European stocks open lower amid Israel-Iran tensions; oil prices rise

Related Posts

This AI just got a job at Goldman...

July 12, 2025

NIO stock: is Onvo L90 launch a big...

July 12, 2025

AMC shares pop 9% after Wedbush upgrades to...

July 12, 2025

New CEO- is that what Apple stock needs...

July 12, 2025

Interview: Anticipate certain govt depts to start exploring...

July 12, 2025

Kraft Heinz plans breakup, weighs $20 billion grocery...

July 12, 2025

IMAX shares gain 3% amid market share growth...

July 12, 2025

Is it too late for Intel stock to...

July 12, 2025

Air India Boeing 787 crash: preliminary report shows...

July 12, 2025

Trump’s 50% tariff on Brazil imports to brew...

July 12, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • This AI just got a job at Goldman Sachs. And it’s already outcoding humans

    July 12, 2025
  • NIO stock: is Onvo L90 launch a big enough reason to load up on it?

    July 12, 2025
  • AMC shares pop 9% after Wedbush upgrades to outperform

    July 12, 2025
  • New CEO- is that what Apple stock needs now?

    July 12, 2025
  • Interview: Anticipate certain govt depts to start exploring decentralised messaging, says Session co-founder Kee Jefferys

    July 12, 2025
  • Kraft Heinz plans breakup, weighs $20 billion grocery spin-off: report

    July 12, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,801)
  • Editor's Pick (184)
  • Investing (185)
  • Stock (1,181)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Here’s why the GoPro stock price has...

March 24, 2025

Morgan Stanley markets $5B financing for Musk’s...

June 12, 2025

Indian markets open: Sensex, Nifty retreat after...

April 16, 2025