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 of National Grid Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in National Grid NGG at this time. Stock is rising and might rise more.

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

Stock of National Grid (NGG) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of National Grid is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if National Grid stays above 71.2, but if it comes below 71.2, then a intra day sell could be more profitable.
If you take a sell trade below 71.2, then use 71.2 as stoploss and 69.02 as target. However if you take a buy trade in National Grid, then use 71.2 as stoploss and 73.8 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: 71.43
  • 12Day Average: 69.58
  • 20Day Average: 68.27
  • 50Day Average: 67.59
  • 100Day Average: 67.25
  • 150Day Average: 66.19
  • 200Day Average: 65.08

NGG Indicators & signals

Indicator MACD (12,26,9)

69.97, 68.59, 0.84
Indicator MACD is in positive zone

Indicator ADX (14)

51.72, 46.81, 14.89
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
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
15 Wed May 2024 72.80 72.71 to 73.08 1.78% 1.12 times
14 Tue May 2024 71.53 71.37 to 71.95 1.03% 0.65 times
13 Mon May 2024 70.80 70.75 to 71.47 -0.58% 0.92 times
10 Fri May 2024 71.21 70.82 to 71.30 0.58% 1.1 times
09 Thu May 2024 70.80 70.17 to 70.90 1.37% 1.06 times
08 Wed May 2024 69.84 69.45 to 69.97 0.32% 0.69 times
07 Tue May 2024 69.62 69.46 to 69.93 1.41% 0.94 times
06 Mon May 2024 68.65 68.04 to 68.80 0.47% 0.7 times
03 Fri May 2024 68.33 67.83 to 68.56 1.06% 1 times
02 Thu May 2024 67.61 67.08 to 67.79 0.73% 1.97 times
01 Wed May 2024 67.12 66.69 to 67.62 0.71% 0.96 times
30 Tue Apr 2024 66.65 66.43 to 66.93 -0.7% 0.81 times

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