Weir Group Share Price (WEIR)

Downtrend line value 2590 w/c 6/7/26, with line value falling by 49.5 weekly, so that w/c 13/7/26 value 2540.5 and w/c 20/7/26 value 2491. Look for a close above the down trendline values in each of the relevant weeks given, to indicate the bearish phase has ended.

There is a short term down trendline between 20/5/26-17/6/26, what channel I plotted, which provided a value of

2472.58, for today Friday 3/7/26, which is broken only on today's rally. Look for a two day close above 2472.58, before taking maybe a partial position, with an eye on the major down trendline discussed in my first paragraph.

Recent volume since 11/6/26, appears to have changed character to bullish, with heavier volume favouring upside and reducing volume on reaction. DYOR.

A reversal of the 9/6/26 bearish outside price bar would require a close above the outside bar high of 2410. DYOR.

Bearish daily outside price bars of 5 & 9 June 26, forecast further equity decline. I have reviewed the volatility based Bollinger bands, but the top band is still rising, which is bearish for a declining equity.. Experience shows that a sp bottom, is usually only signalled when the tip Bollinger band turns down, while the bottom bollinger band continues to decline, at which point the equity bottom, usually arrives within 10 trading days. DYOR.

The uptrend will start. 25-40% upside at least 2800-3200p I can see on graphs.

Al so, we need a mining boom again to help this. Unsure where the cycle is in mining, as BHP / RIO I have have just shot to all time highs.

I will be playing this one very closely the next week or two and move some profits from US pharma’s that have pleased me.

Impressive update, so I doubled my holding. about £25 is cheap. Sharp decline in SP normal these days, GL