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 62.9, but if it comes above 62.9, then a intra day buy could be more profitable.
If you take a sell trade below 62.9, then use 62.9 as stoploss and 61.9 as target. However if you take a buy trade in National Grid, then use 62.9 as stoploss and 63.67 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: 63.03
  • 12Day Average: 62.92
  • 20Day Average: 63.46
  • 50Day Average: 65.88
  • 100Day Average: 65.54
  • 150Day Average: 64.37
  • 200Day Average: 65

NGG Indicators & signals

Indicator MACD (12,26,9)

63.23, 64.02, -0.89
Indicator MACD is in negative zone

Indicator ADX (14)

20, 20.69, 31.03
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 39
Indicator RSI is indicating selling pressure and stock might fall.

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
26 Tue Nov 2024 62.83 62.49 to 63.14 0% 1.26 times
26 Tue Nov 2024 62.83 62.49 to 63.14 -0.68% 1.26 times
25 Mon Nov 2024 63.26 62.96 to 63.49 0.24% 0.85 times
22 Fri Nov 2024 63.11 62.94 to 63.54 0.02% 1.31 times
21 Thu Nov 2024 63.10 62.52 to 63.15 -0.27% 1.15 times
20 Wed Nov 2024 63.27 62.90 to 63.29 -0.49% 0.7 times
19 Tue Nov 2024 63.58 63.06 to 63.72 1.08% 0.92 times
18 Mon Nov 2024 62.90 62.10 to 62.92 0.24% 0.74 times
15 Fri Nov 2024 62.75 62.34 to 62.77 0.61% 0.87 times
14 Thu Nov 2024 62.37 62.22 to 62.76 0.4% 0.62 times
13 Wed Nov 2024 62.12 61.93 to 62.58 -1.24% 1.58 times
12 Tue Nov 2024 62.90 62.79 to 63.58 -1.93% 1.09 times

Videos related to: NGG NEWS why is National Grid Transco, Plc price falling or rising

Videos related to: NGG NEWS why is National Grid Transco, Plc price falling or rising

Hindi Video The Truth Of Stock Markets That Everyone Is Hiding From You

Hindi Basics How To Trade In FnO Futures Options Stock Market

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

 

Back to top