It looks like NGG may be interacting with a downward sloping resistance line. This may be an opportunity to short sell. National Grid has been drifting up over the last few months, we'll see if it has the energy to break through or if buyers decide to take profit.
If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price reverses and heads back down lower, it looks like the nearest support level is $76.51 it may head back up from there or break lower.
The analysts are pretty neutral on National Grid right now, so not much useful information here. The current Analysts Sentiment Score is 1.62. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. BNP Paribas upgraded from Underperform to Outperform on 2024-04-02. Jefferies Financial Group upgraded from Hold to Buy on 2024-02-05. On 2024-01-16 there was an upgrade provided by Deutsche Bank Aktiengesel from Hold to Buy. UBS Group upgraded from Neutral to Buy on 2023-12-11. Barclays initiated a rating of Overweight on 2023-09-28. The Goldman Sachs Group initiated a rating of Neutral on 2023-07-17. On 2023-05-24 Credit Suisse Group increased their price target by 2.4% to $1280.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| NGG | 1.62 | 2.79 | 0 | 0.45 | 0 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| NGG | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| NGG | 3.16 | %0.0563971 | 6.1 | 14.586 | 2080000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| NGG |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GSK | GSK plc American Deposita | 0.42 | 0.41 | 3.15 | 10.80 | 22.73 | 35.45 | 70.84 | 77 | 43.20 | 93.10 | 81.26 | -740.31 | -45171.10 | 150 | 0 | 0.713672 |
| NI | NiSource Inc. | 0.41 | 0.06 | -1.83 | -0.08 | 7.49 | 10.51 | 22.68 | 80 | 88.16 | 28.40 | 52.08 | 0.00 | -25465.98 | 125 | 0 | 5.59096 |
| BKH | Black Hills Corporation | 0.36 | 6.14 | 3.77 | 7.00 | 4.45 | 27.58 | 31.25 | 95 | 17.74 | 28.57 | 39.61 | -352.09 | -40866.46 | 125 | 0 | 3.22257 |
| MDLZ | Mondelez International, I | 0.35 | 0.28 | -1.68 | -0.17 | 1.05 | -5.44 | -13.74 | 65 | -3.71 | -9.00 | -11.45 | -8835.37 | -1984.03 | 0 | 0 | 1.76038 |
| SRE | Sempra | 0.33 | -0.07 | -2.75 | 0.23 | 3.90 | 5.47 | 40.77 | 72 | 26.46 | 27.30 | 45.37 | 0.00 | -28579.56 | 150 | 0 | 2.03383 |
| DEO | Diageo plc | 0.3 | 1.58 | 4.42 | 4.80 | -9.10 | -15.84 | -26.50 | 70 | -26.28 | -55.90 | -65.32 | -50647.17 | -2018.55 | 0 | 0 | 1.34733 |
| ETR | Entergy Corporation | 0.3 | 0.21 | 0.84 | 8.96 | 19.86 | 20.74 | 41.42 | 84 | 93.87 | 35.59 | 62.83 | 0.00 | -42796.55 | 125 | 0 | 1.05991 |
| BTI | British American Tobacco | 0.3 | -2.01 | -4.07 | -5.02 | -1.22 | 13.19 | 38.34 | 65 | 22.94 | 28.41 | 52.81 | -1239.85 | -38911.87 | 0 | 0 | 0.367599 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
