NATIONAL GRID PLC (NNGF.DE) Stock Technical Analysis
FRA:NNGF - Deutsche Boerse Ag - GB00BDR05C01 - Common Stock - Currency: EUR
Taking everything into account, NNGF scores 6 out of 10 in our technical rating. In the last year, NNGF was one of the better performers, but we do observe some doubts in the very recent evolution.
Looking at the yearly performance, NNGF did better than 87% of all other stocks.
NNGF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NNGF is performing more or less in line with the market.
In the last month NNGF has a been trading in the 12.00 - 13.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
NNGF is part of the Multi-Utilities industry. There are 13 other stocks in this industry, NNGF did better than 50% of them.
Considerably lower volume is observed in the last couple of days.
NNGF has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.10, a Stop Loss order could be placed below this zone.
More info and screens
10.78
13.24
We found 4 important support areas.
- Strong support @12.10 from a horizontal line in the daily time frame.
- Support @11.60 from a horizontal line in the daily time frame.
- A support zone ranging from 11.09 to 11.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.89 to 10.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- 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.
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 | UP | POSITIVE | The long term trend for NNGF.DE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NNGF.DE is down. |
| ChartMill Relative Strength | 87.1 | POSITIVE | NNGF.DE has a high relative strength, it outperformed 87.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NNGF.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NNGF.DE is above the rising 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) | 48.27 | NEUTRAL | The RSI value for NNGF.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NNGF.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests NNGF.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for NNGF.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.67 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.59 | 12.29 | 0.30 (2.38%) | 25.00% |
| An entry @12.59. This is a Buy Stop order right above the 10 day moving average. | An exit @12.29. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.30 points, which is 2.38%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NNGF. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:NNGF (6/6/2025, 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 Week0.81%
2 Weeks-4.58%
1 Month-0.79%
3 Month12.61%
6 Month7.76%
12 Month19.05%
2 Year0.81%
3 Year1.21%
5 Year14.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%2.2%
ATR Inc-43.24%
Range Today0.2
ADR(20)0.25
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.1
Mansfield0.05
10 Day High13.1
10 Day Low12.3
20 Day High13.1
20 Day Low12
52 Week High13.1
52 Week Low10.4
CS1 End12.1
CR1 Start13.11
Volume & EV
DER(3)1.94%
DER(5)1.67%
Volume7.10K
Volume Incr-79.36%
Vol(5)22.64K
Vol(50)69.05K