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NatWest (NWG, $6.39) posts profits in 2021, rebounding from the loss a year ago
NatWest earned a pretax profit of 4 billion pounds ($5.45 billion) for the 2021 calendar year, a bounce back from a -351 million pound loss in 2020.
British banks have benefited from a rebound in consumer spending, smaller than expected loan defaults and a solid housing market since the initial phase of the COVID-19 pandemic.
NatWest also announced a dividend of 7.5 pence per share and a 750 million pound share repurchase.
However, analysts are concerned that inflation at near 30-year highs poses a risk to household incomes and threatens the recovery.
“We are acutely aware of the challenges that many people, families and businesses continue to face up and down the country and are working alongside our customers to provide the support they need,” said NatWest Chief Executive Alison Rose.
The bank lowered its annual cost-cutting target to 3% from 4% for each of the next two years, owing to inflation pressures and reinvestment. Nevertheless, it achieved its 4% cost-cutting target for 2021.
NWG sees MACD Histogram crosses below signal line
NWG saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 26, 2022. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 35 instances where the indicator turned negative. In 26 of the 35 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 74%.
Current price $5.25 crossed the support line at $5.16 and is trading between $6.64 resistance and $5.16 support lines. Throughout the month of 04/13/22 - 05/16/22, the price experienced a -9% Downtrend, while the week of 05/09/22 - 05/16/22 shows a +3% Uptrend.
The Momentum Indicator moved below the 0 level on April 26, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on NWG as a result. In 49 of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 64%.
NWG moved below its 50-day Moving Average on May 05, 2022 date and that indicates a change from an upward trend to a downward trend.
The 10-day Moving Average for NWG crossed bearishly below the 50-day moving average on May 02, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 8 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 57%.
The 50-day Moving Average for NWG moved below the 200-day moving average on April 21, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NWG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 58%.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NWG's RSI Indicator exited the oversold zone, 25 of 37 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 68%.
The Stochastic Indicator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +2.84% 3-day Advance, the price is estimated to grow further. Considering data from situations where NWG advanced for three days, in 185 of 300 cases, the price rose further within the following month. The odds of a continued upward trend are 62%.
NWG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 72%. During the last month, the daily ratio of advancing to declining volumes was 1.18 to 1.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NWG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.
The Tickeron PE Growth Rating for this company is 61 (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 60 (best 1 - 100 worst), indicating steady price growth. NWG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 28 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.571) is normal, around the industry mean (0.974). P/E Ratio (8.382) is within average values for comparable stocks, (18.052). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.137). Dividend Yield (0.055) settles around the average of (0.052) among similar stocks. P/S Ratio (2.242) is also within normal values, averaging (2.603).
The Tickeron SMR rating for this company is 4 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
Major banks are among the biggest companies in the world, often times with global reach and market capitalizations in the multi-billions. Large banks often have multiple arms spanning different disciplines, from deposits, to investment banking, to wealth management and insurance. The biggest banks often have key competitive advantages over smaller players in the industry in terms of brand recognition, cost of capital, and efficiency. Think J.P. Morgan, Bank of America, Wells Fargo, and Citigroup.
The average market capitalization across the Major Banks Industry is 74.3B. The market cap for tickers in the group ranges from 191.4M to 349.8B. JPM holds the highest valuation in this group at 349.8B. The lowest valued company is MSL at 191.4M.
The average weekly price growth across all stocks in the Major Banks Industry was 0.29%. For the same Industry, the average monthly price growth was -4.96%, and the average quarterly price growth was -6.9%. INGVF experienced the highest price growth at 8.42%, while BNDSY experienced the biggest fall at -12.99%.
- 4/28/22 6:02 AM: NatWest Group (NWG, $5.59) was a top loser this week, declining -5.57%
- 4/6/22 8:51 AM: NatWest Group (NWG, $5.63) was a top loser this week, declining -5.22%
- 3/23/22 4:50 AM: NatWest Group (NWG, $5.92) was a top weekly gainer, with a +8.19% jump
The average weekly volume growth across all stocks in the Major Banks Industry was -7.61%. For the same stocks of the Industry, the average monthly volume growth was 14.44% and the average quarterly volume growth was 87.11%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the MA200MA50 Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 62%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.53.
13 stocks in the group of tickers confirmed the negative outlook based on the 15 indicator with average odds of 64%.
The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), HSBC Holdings PLC (NYSE:HSBC), Citigroup (NYSE:C), Barclays PLC (NYSE:BCS).
The average market capitalization across the group is 85.6B. The market cap for tickers in the group ranges from 0 to 349.8B. JPM holds the highest valuation in this group at 349.8B. The lowest valued company is BCSO at 0.
- 5/14/22 4:22 AM: Bank of China (BACHF, $0.38), market cap jumped by $20.8B
- 5/11/22 7:46 AM: Agricultural Bank of China (ACGBF, $0.36), market cap jumped by $34.3B
- 5/3/22 8:18 AM: Industrial and Commercial Bank of China (IDCBF, $0.57), market cap jumped by $42.5B
The average weekly price growth across all stocks in the group was 0.38%. For the same group, the average monthly price growth was -6.88%, and the average quarterly price growth was -9.41%. BBVXF experienced the highest price growth at 8.48%, while BNDSY experienced the biggest fall at -12.99%.
- 5/14/22 4:23 AM: ING Groep (ING, $9.7) was a top weekly gainer, with a +6.01% jump
- 5/12/22 5:38 AM: Mitsubishi UFJ Financial Group (MUFG, $5.59) was a top loser this week, declining -7.14%. Expect a Downtrend reversal
- 5/11/22 7:46 AM: Svenska Handelsbanken (SVNLY, $4.7) was a top loser this week, declining -6.56%. Expect a Downtrend reversal
The average weekly volume growth across all stocks in the group was -8.69%. For the same stocks of the group, the average monthly volume growth was 1010.94% and the average quarterly volume growth was 122.08%
- 5/13/22 4:49 AM: The volume for Toronto Dominion Bank stock increased for a consecutive 5 days, with an average daily gain of 104%
- 5/12/22 5:32 AM: The volume for Toronto Dominion Bank stock increased for a consecutive 5 days, with an average daily gain of 105%
- 5/11/22 7:40 AM: The volume for Svenska Handelsbanken stock increased for one day, resulting in a record-breaking daily growth of 340% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), HSBC Holdings PLC (NYSE:HSBC), Citigroup (NYSE:C), Barclays PLC (NYSE:BCS).
Major banks are among the biggest companies in the world, often times with global reach and market capitalizations in the multi-billions. Large banks often have multiple arms spanning different disciplines, from deposits, to investment banking, to wealth management and insurance. The biggest banks often have key competitive advantages over smaller players in the industry in terms of brand recognition, cost of capital, and efficiency. Think J.P. Morgan, Bank of America, Wells Fargo, and Citigroup.
The average market capitalization across the Major Banks Industry is 74.3B. The market cap for tickers in the group ranges from 191.4M to 349.8B. JPM holds the highest valuation in this group at 349.8B. The lowest valued company is MSL at 191.4M.
- 5/14/22 4:22 AM: Bank of China (BACHF, $0.38), market cap jumped by $20.8B
- 5/11/22 7:46 AM: Agricultural Bank of China (ACGBF, $0.36), market cap jumped by $34.3B
- 5/3/22 8:18 AM: Industrial and Commercial Bank of China (IDCBF, $0.57), market cap jumped by $42.5B
The average weekly price growth across all stocks in the Major Banks Industry was 0.3%. For the same Industry, the average monthly price growth was -4.96%, and the average quarterly price growth was -6.91%. INGVF experienced the highest price growth at 9.33%, while BNDSY experienced the biggest fall at -12.99%.
- 5/14/22 4:23 AM: ING Groep (ING, $9.7) was a top weekly gainer, with a +6.01% jump
- 5/12/22 5:38 AM: Mitsubishi UFJ Financial Group (MUFG, $5.59) was a top loser this week, declining -7.14%. Expect a Downtrend reversal
- 5/11/22 7:46 AM: Svenska Handelsbanken (SVNLY, $4.7) was a top loser this week, declining -6.56%. Expect a Downtrend reversal
The average weekly volume growth across all stocks in the Major Banks Industry was -71.11%. For the same stocks of the Industry, the average monthly volume growth was -74.54% and the average quarterly volume growth was -36.39%
- 5/13/22 4:49 AM: The volume for Toronto Dominion Bank stock increased for a consecutive 5 days, with an average daily gain of 104%
- 5/12/22 5:32 AM: The volume for Toronto Dominion Bank stock increased for a consecutive 5 days, with an average daily gain of 105%
- 5/11/22 7:40 AM: The volume for Svenska Handelsbanken stock increased for one day, resulting in a record-breaking daily growth of 340% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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