NGG NEWS why is National Grid Transco, Plc price falling or rising

NGG NEWS reasons for why stock price of National Grid Transco, Plc is falling or rising

NGG National Grid is falling or rising technical reasons

Technical analysis forecast for National Grid Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT National Grid NGG at this time. Stock is falling and might fall more.

It appears as if National Grid NGG gave a large move recently.

Stock of National Grid (NGG) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of National Grid is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if National Grid stays below 65.7, but if it comes above 65.7, then a intra day buy could be more profitable.
If you take a sell trade below 65.7, then use 65.7 as stoploss and 64.2 as target. However if you take a buy trade in National Grid, then use 65.7 as stoploss and 67.02 as target.

NGG National Grid is falling or rising NEWS fundamental reasons

More announcements and NEWS

NGG National Grid Transco, Plc current price & indicator signals

Moving Averages for National Grid Transco, Plc

  • 5Day Average: 66.29
  • 12Day Average: 66.73
  • 20Day Average: 66.99
  • 50Day Average: 67.7
  • 100Day Average: 64.21
  • 150Day Average: 64.76
  • 200Day Average: 65.29

NGG Indicators & signals

Indicator MACD (12,26,9)

66.68, 67.15, -0.31
Indicator MACD is in negative zone

Indicator ADX (14)

13.79, 26.04, 34.38
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NGG National Grid Transco, Plc are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Fri Oct 2024 65.35 65.22 to 65.93 -1.49% 1.2 times
24 Thu Oct 2024 66.34 66.03 to 67.07 -0.15% 0.69 times
23 Wed Oct 2024 66.44 66.00 to 66.44 0.23% 1.15 times
22 Tue Oct 2024 66.29 65.60 to 66.39 -1.1% 0.79 times
21 Mon Oct 2024 67.03 66.73 to 67.66 -1.43% 0.82 times
18 Fri Oct 2024 68.00 67.12 to 68.06 1.21% 0.98 times
17 Thu Oct 2024 67.19 67.06 to 67.61 -1.39% 1.19 times
16 Wed Oct 2024 68.14 67.79 to 68.15 1.46% 1.73 times
15 Tue Oct 2024 67.16 67.10 to 67.77 0.4% 1.13 times
14 Mon Oct 2024 66.89 66.19 to 66.97 0.98% 0.79 times
11 Fri Oct 2024 66.24 65.79 to 66.35 0.85% 0.74 times
10 Thu Oct 2024 65.68 65.68 to 66.08 0.08% 0.64 times

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