NATIONAL GRID PLC (NNGF.DE) Stock Technical Analysis
FRA:NNGF - Deutsche Boerse Ag - GB00BDR05C01 - Common Stock - Currency: EUR
Overall NNGF gets a technical rating of 3 out of 10. NNGF performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, NNGF is a bad performer in the overall market: 61% of all stocks are doing better.
NNGF is one of the lesser performing stocks in the Multi-Utilities industry. 66% of 13 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
NNGF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NNGF is lagging the market slightly.
In the last month NNGF has a been trading in the 11.80 - 12.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NNGF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.40, a Stop Loss order could be placed below this zone.
More info and screens
10.98
13.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.07 to 12.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.41 from a trend line in the weekly time frame.
- A support zone ranging from 11.09 to 11.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @12.50 from a horizontal line in the daily time frame.
- Resistance @12.80 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.11 to 13.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.50 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for NNGF.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NNGF.DE is neutral. |
| ChartMill Relative Strength | 39.87 | NEUTRAL | NNGF.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NNGF.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NNGF.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NNGF.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.36 | NEUTRAL | The RSI value for NNGF.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NNGF.DE has a positive trend. |
| Stochastics (14,3) | 72.7 | NEUTRAL | The Stochastics value for NNGF.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for NNGF.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.67 | NEGATIVE | The low ADX value for NNGF.DE suggests a weak or negative trend. |
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)
FRA:NNGF (8/1/2025, 7:00:00 PM)
12.5
+0.1 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.81%
1 Week1.63%
2 Weeks2.46%
1 Month1.63%
3 Month-1.57%
6 Month6.84%
12 Month5.93%
2 Year6.84%
3 Year-1.57%
5 Year31.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.84%
ATR Inc12.9%
Range Today0.3
ADR(20)0.21
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.87
Mansfield-0.31
10 Day High12.6
10 Day Low12.1
20 Day High12.6
20 Day Low11.8
52 Week High13.1
52 Week Low10.9
CS1 End12.4
CR1 Start12.5
Volume & EV
DER(3)1.97%
DER(5)1.36%
Volume11.16K
Volume Incr-85.23%
Vol(5)43.33K
Vol(50)152.77K