National Grid (NG.L) 10-12-19
Will National Grid (NG.L) shares break below the 882p support zone, or will it return to highs of 924p (+4%)?
- Currently trading around the 882p support at 885.94p (at time of writing).
- The support has proven robust to date. Will the pattern repeat?
- The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
- Will the share price bounce once again to recent highs of 924p? (+4%).
- Technical traders should be mindful of news and developments. Check our website and the press for updates.
- Shares -4% from 12-month highs; +18% from 12 month lows.
Latest News
12 Jan: National Grid, the multinational energy utility company, avoided breakup by Ofgem on conflict of interest grounds. The positive news pushed shares 1.4% higher.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires