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Takip Edin: @UscMarketsNGGTF Stock Forecast & National Grid plc Chart Analysis
This article provides a detailed analysis of NGGTF-National Grid plc stock including a forecast for NGGTF shares. It features National Grid plc technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
NGGTF Historical Data Review
NGGTF Current Price Performance Analysis
The National Grid plc - NGGTF stock traded on the American stock market, on 06-05-2024, closed at 12.06$ with a %0.08 increased compared to the previous day.
In the last month, the price of NGGTF changed by %-11.06 decreased in value, from 13.56 dollars on 05-06-2024 to 12.06 dollars, decreased.
Last year, the price of NGGTF was 13.26 dollars on 06-06-2023, and changed by %-9.05 decreased in value, to 12.06 dollars decreased within a year.
The price of National Grid plc stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
NGGTF with AI Stock Forecast & Price Target
On the NGGTF chart National Grid plc price was recorded as 12.06 Dollars on 06/05/2024.
The artificial intelligence's forecast on NGGTF stock is as follows.
The artificial intelligence's prediction error margin for NGGTF stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for National Grid plc stock over the next 4 months is: 11.9 Dollars.
The commentary on NGGTF stock Target Price: Highest: 13.256 Dollars is predicted.
The commentary on NGGTF stock Target Price: Lowest: 11.192 Dollars is predicted.
Resistance Price where National Grid plc stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 13.256 |
| 10-08-2024 | 12.255 |
| 12-02-2024 | 11.926 |
| 02-20-2025 | 11.580 |
Support Price where National Grid plc stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 11.784 |
| 11-27-2024 | 11.905 |
| 01-16-2025 | 11.192 |
| 03-27-2025 | 11.319 |
The commentary on NGGTF stock: The target price can generally be said to be on the decline.
The commentary on NGGTF stock: Fluctuations in the target price can be expected in the coming days.
The target price for National Grid plc stock by the end of 2024 is predicted to be 11.536 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on NGGTF stock, and the 2024 target price predictions for National Grid plc are detailed above.
The technical analysis and charts for the commentary on NGGTF stock are below.
NGGTF Support & Resistance and Trend Analysis
NGGTF stock you have reviewed the technical analysis support resistance charts regarding.
NGGTF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the NGGTF review, the National Grid plc support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
National Grid plc Support and Resistance Prices:
| NGGTF Support Level Price | NGGTF Resistance Level Price |
|---|---|
| 10.45 | 13.62 |
| 11.42 | 13.70 |
| 11.55 | 13.74 |
| 12.25 | 13.75 |
| 12.42 | 13.88 |
| 12.58 | 13.94 |
| 12.70 | 13.95 |
| 12.71 | 14.40 |
| 12.76 | 14.98 |
| 13.14 | |
| 13.25 |
NGGTF Technical Analysis: SMA, RSI, MACD
Upon reviewing the NGGTF chart, buy and sell signals have been generated in the National Grid plc technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for NGGTF stock are as follows:- NGGTF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for National Grid plc gave a 'Buy' signal when the RSI was at 27.273, with the current RSI value at 36.155.
- The technical analysis for National Grid plc indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for National Grid plc stock: Click here to read more predictions on BAE Systems plc stock.
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