NATIONAL GRID PLC (NNGF.DE) Stock Technical Analysis
FRA:NNGF - Deutsche Boerse Ag - GB00BDR05C01 - Common Stock - Currency: EUR
Taking everything into account, NNGF scores 4 out of 10 in our technical rating. In the last year, NNGF was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
NNGF is part of the Multi-Utilities industry. There are 12 other stocks in this industry, of which 81% are performing better than NNGF.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, NNGF turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
NNGF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NNGF is lagging the market.
In the last month NNGF has a been trading in the 11.80 - 12.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, NNGF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.45, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.98
13.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.90 to 12.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.40 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 3 important areas.
- 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 | 41.13 | NEUTRAL | NNGF.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NNGF.DE is above 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) | 55.79 | NEUTRAL | The RSI value for NNGF.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NNGF.DE has a positive trend. |
| Stochastics (14,3) | 87.5 | OVERBOUGHT | The high Stochastics value suggests NNGF.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for NNGF.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 16.42 | 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 (7/23/2025, 7:00:00 PM)
12.5
-0.1 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-0.79%
1 Week2.46%
2 Weeks4.17%
1 Month-0.79%
3 Month-0.79%
6 Month8.7%
12 Month8.7%
2 Year2.46%
3 Year-8.42%
5 Year24.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.96%
ATR Inc2.94%
Range Today0.2
ADR(20)0.22
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.13
Mansfield-0.43
10 Day High12.6
10 Day Low11.9
20 Day High12.9
20 Day Low11.8
52 Week High13.1
52 Week Low10.9
CS1 End12.45
CR1 Start12.8
Volume & EV
DER(3)0.32%
DER(5)0.22%
Volume59.43K
Volume Incr8.72%
Vol(5)284.02K
Vol(50)145.91K