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(NGG) National Grid complete technical analysis [charts+indicators] | Buy/Sell National Grid | (NGG) share price targets

Complete technical analysis of National Grid (NGG) by charts plus indicators, forecast predictions and share price targets for National Grid (NGG)

National Grid trades in USA in Public Utilities sector.

Showing technical analysis as on 2024-06-06 View latest technical analysis

10 day averaged volume of National Grid is 1035580

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	58.64	58.83	59.11	58.29	0.789 times
05 Wed Jun 2024	58.90	59.37	59.37	58.37	0.736 times
04 Tue Jun 2024	59.81	58.82	59.84	58.69	0.798 times
03 Mon Jun 2024	58.12	57.68	58.27	57.45	0.753 times
31 Fri May 2024	57.86	57.40	57.96	57.00	1.638 times
30 Thu May 2024	58.09	57.06	58.30	57.01	1.281 times
29 Wed May 2024	58.58	58.65	58.99	57.34	1.075 times
28 Tue May 2024	60.01	61.00	61.26	59.33	0.773 times
24 Fri May 2024	60.69	61.83	62.44	60.40	1.006 times
23 Thu May 2024	61.72	65.48	65.48	61.56	1.625 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.2, but if it comes above 59.2, then a intra day buy could be more profitable.
If you take a sell trade below 59.2, then use 59.2 as stoploss and 51.4 as target. However if you take a buy trade in stock , then use 59.2 as stoploss and 65.64 as target.

Share price targets for National Grid (NGG)

Target Type	Value
Downside Target	57.00
Upside Target	59.84
Upside Target	63.31
Upside Target	65.86
Upside Target	68.04
Upside Target	68.96
Upside Target	69.04
Upside Target	70.75
Upside Target	71.30
Upside Target	73.28
Upside Target	73.40

Intraday share price targets for National Grid (NGG)

Target Type	Value
Downside Intraday Target	57.45
Downside Intraday Target	56.25
Upside Intraday Target	59.84
Upside Intraday Target	61.03
Upside Intraday Target	58.64

Weekly technical analysis of National Grid (NGG)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	58.64	57.68	59.84	57.45	0.645 times
31 Fri May 2024	57.86	61.00	61.26	57.00	1.365 times
24 Fri May 2024	60.69	73.23	73.28	60.40	2.881 times
17 Fri May 2024	72.83	71.24	73.40	70.75	1.045 times
10 Fri May 2024	71.21	68.06	71.30	68.04	0.801 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of National Grid (NGG)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	58.64	57.68	59.84	57.45	0.264 times
31 Fri May 2024	57.86	66.82	73.40	57.00	1.738 times
30 Tue Apr 2024	66.65	67.92	68.96	63.31	1.153 times
28 Thu Mar 2024	68.22	66.51	69.04	65.86	0.617 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of National Grid (NGG)

Price action analysis of National Grid ( (NGG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of National Grid ( (NGG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of National Grid ( (NGG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of National Grid ( (NGG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for National Grid stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for National Grid in short term and the sell signal is strong.

National Grid Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for National Grid in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of National Grid is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.29 and National Grid (NGG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the National Grid (NGG) stock. Volume based technical analysis of National Grid (NGG) stock is negative.

National Grid Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.