NATIONAL GRID PLC-SP ADR (NGG) Stock Technical Analysis
NYSE:NGG - New York Stock Exchange, Inc. - US6362744095 - ADR - Currency: USD
Taking everything into account, NGG scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NGG was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
72% of all other stocks performed better in the past year than NGG.
NGG is one of the lesser performing stocks in the Multi-Utilities industry. 79% of 25 stocks in the same industry do better.
NGG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NGG is lagging the market.
In the last month NGG has a been trading in a tight range between 59.97 and 63.09.
NGG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 61.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NGG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
54.94
74.96
When analyzing the support we can see 2 important areas.
- A support zone ranging from 60.89 to 61.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.49 to 56.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 61.59 to 61.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @63.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 66.30 to 67.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 69.73 to 70.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @74.22 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.79
Mansfield-1.08
10 Day High61.89
10 Day Low60.01
20 Day High63.09
20 Day Low59.97
52 Week High73.4
52 Week Low55.13
Performance
1 Week0.07%
2 Weeks-0.58%
1 Month0.99%
3 Month-2.85%
6 Month-7.96%
12 Month-8%
2 Year-2.54%
3 Year-18.88%
5 Year-3.08%
10 Year-18.03%
15 Year12.92%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)53.51
LBB60.21
UBB62.52
61.31
+0.21 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.34%
1 Week0.07%
2 Weeks-0.58%
1 Month0.99%
3 Month-2.85%
6 Month-7.96%
12 Month-8%
2 Year-2.54%
3 Year-18.88%
5 Year-3.08%
10 Year-18.03%
15 Year12.92%
Volatility
ATR(14)0.88
ATR(20)%1.42%
ATR Inc-22.71%
Range Today0.66
ADR(20)0.73
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.79
Mansfield-1.08
10 Day High61.89
10 Day Low60.01
20 Day High63.09
20 Day Low59.97
52 Week High73.4
52 Week Low55.13
CS1 End61.29
CR1 Start61.59
Volume & EV
DER(3)3%
DER(5)2.64%
Volume653.30K
Volume Incr-38.28%
Vol(5)552.36K
Vol(50)731.06K