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National Grid (NG.)

936.10p

15:54 14/05/21

  • 1.78% 16.40p
  • Today's Low & High
  • 930.00 / 941.61
  • Open / Previous Close
  • 930.00 / 936.10
  • 52-week range
  • 3.30% 29.90p
  • Volume
  • 5,505,088
  • Market Cap(million)
  • £33,280.23m

935.90p REAL TIME BATS

  • 16:30 14/05/21
  • 1.62%
  • 14.90p

Technical Analysis

Support and resistance levels

S1

868.25
-7.25%

R1

959.13
2.46%

S2

856.35
-8.52%

R2

982.36
4.94%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 930.20
  • 924.29
  • Levels of negotiation support resistance
  • 941.81
  • 947.52

Technical situation

Monitor critical support in 868.25, weakness below.

Recommendation

Short term comment

The scenario, from a technical point of view, bullish but very close to the support and critical area that today generates the upward guideline in 868.25 levels. The 868.25 - 856.35 range represents an area of ??greater neutrality, so the loss of 868.25 would prevent a bullish rating.

Long term comment

Between july 2020 and january 2021 there was a bullish phase that moved the prices from 788.724 to 967.419. This phase was corrected by a relevant bearish reaction that returned the quotation until 805.400 on the 5th of april levels. Following this, the current rise from 805.400 to 941.613 has not reached the previous highs at 967.419, an area of significant resistance.

Indicator Previous Current Signal Comment
RSI 7 59.00 67.70 The RSI does not warn of overbought or oversold.
RSI 14 60.20 64.50 The RSI does not warn of overbought or oversold.
RSI 21 59.50 62.40 The RSI does not warn of overbought or oversold.
RSI 50 55.10 56.40 The RSI does not warn of overbought or oversold.
RSI 200 51.00 51.30 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Signs of bullish exhaustion without a turn signal.
Slow Stochastic n/a n/a Signs of bullish exhaustion without a turn signal.
Simple Moving Average 7 923.37 927.09 Lack of trend in the very short term.
Simple Moving Average 21 909.99 912.27 Bullish trend in the short-medium term.
Simple Moving Average 50 878.07 880.22 Bullish medium term trend.
Simple Moving Average 200 883.26 883.35 Lack of long-term trend.
Exponential Moving Average 7 920.54 924.43 Very short term trend bullish.
Exponential Moving Average 21 908.87 911.35 Bullish trend in the short-medium term.
Exponential Moving Average 50 890.41 892.20 Bullish medium term trend.
Exponential Moving Average 200 886.13 886.62 Lack of long-term trend.
MACD Line -4.50 -5.80 Price in uptrend.
MACD Signal 0.80 -0.40 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 920.54 924.43 Very short term trend bullish.
Double Exponential Moving Average 21 908.87 911.35 Bullish trend in the short-medium term.
Double Exponential Moving Average 50 890.41 892.20 Bullish medium term trend.
Double Exponential Moving Average 200 886.13 886.62 Lack of long-term trend.
Divergences n/a n/a NO
On Balance Vol. 111,589,283.00 118,021,371.00 OBV supports recoveries.
Momentum 7 13.90 2.30 Upload speed of the very short term is strong, but not extreme.
Momentum 7 20.50 36.10 Upload speed in the very short term is extremely fast.
% K Williams 28.10 9.30 Overbought, would support a bearish turn.
Priority Date Notification
17/05/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
17/05/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
17/05/2021 Some weakness showed at the fast stochastics may kept a lid on any meaningful positive move.
17/05/2021 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
14/05/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
14/05/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
14/05/2021 The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
13/05/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
13/05/2021 Since the price is close to the moving average, it could strengthen to the upside, aothough quotes below it would signal a bearish reversal.
13/05/2021 A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
12/05/2021 Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.