We Analyzed National Grid Transco, PLC ($NGG) – Here’s What We Found (2019-11-08)

REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how NGG has been trading over the last 2 weeks and the past day especially. On its latest session, National Grid Transco, PLC ($NGG) opened at 57.26, reaching a high of 57.27 and a low of 56.64 before closing at a price of 56.89. There was a total volume of 644226.

VOLUME INDICATORS FOR NATIONAL GRID TRANSCO, PLC ($NGG): We saw an accumulation-distribution index of 9409.25, an on-balance volume of 57.45, chaikin money flow of 125.0 and a force index of 0.1824. There was an ease of movement rating of -0.00019, a volume-price trend of 3.62073 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR NATIONAL GRID TRANSCO, PLC ($NGG): We noted an average true range of 0.44907, bolinger bands of 58.11394, an upper bollinger band of 55.93606, lower bollinger band of 56.64, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 57.05667, high band keltner channel of 57.04667, low band keltner channel of 57.06667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 56.64, a donchian channel low band of 56.64, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR NATIONAL GRID TRANSCO, PLC ($NGG): We calculated a Moving Average Convergence Divergence (MACD) of 0.01728, a MACD signal of 0.0096, a MACD difference of 0.00768, a fast Exponential Moving Average (EMA) indicator of 56.64, a slow Exponential Moving Average (EMA) indicator of 56.64, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.06275, a trix of 4.54106, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -3.38905, a KST Oscillator (KST) of 63.64306 and a KST Oscillator (KST Signal) of 63.64306 (leaving a KST difference of 3.61496). We also found an Ichimoku rating of 57.265, an Ichimoku B rating of 57.265, a Ichimoku visual trend A of 54.07928, an Ichimoku visual trend B of 55.06554, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR NATIONAL GRID TRANSCO, PLC ($NGG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 84.535, a stochastic oscillator of 6300.0, a stochastic oscillator signal of 6300.0, a Williams %R rating of 6200.0 and an awesome oscillator of 0.1415.

RETURNS FOR NATIONAL GRID TRANSCO, PLC ($NGG): There was a daily return of 6.36431, a daily log return of 1.35031 and a cumulative return of 1.35946.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-08 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for National Grid Transco, PLC ($NGG)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling National Grid Transco, PLC ($NGG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com

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