+Compare
NGG
Stock ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
43.24B

NGG National Grid PLC Forecast, Technical & Fundamental Analysis

an operator of regulated electricity and gas infrastructure

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for NGG with price predictions
08:00 PM EDT Sep 28, 2023

NGG sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for NGG moved below the 200-day moving average on August 30, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 25, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NGG as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for NGG turned negative on September 26, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 41 similar instances when the indicator turned negative. In of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at .

NGG moved below its 50-day moving average on September 21, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NGG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NGG's RSI Indicator exited the oversold zone, of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 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 3-day Advance, the price is estimated to grow further. Considering data from situations where NGG advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .

NGG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 347 cases where NGG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (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 (1.229) is normal, around the industry mean (1.559). P/E Ratio (13.333) is within average values for comparable stocks, (21.131). Projected Growth (PEG Ratio) (3.341) is also within normal values, averaging (2.476). Dividend Yield (0.056) settles around the average of (0.052) among similar stocks. P/S Ratio (1.671) is also within normal values, averaging (3.163).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NGG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than 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 SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable 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.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), PG&E Corp (NYSE:PCG), Dominion Energy (NYSE:D), NRG Energy (NYSE:NRG).

Industry description

Electric utilities companies generate, transmit and distribute electricity to businesses/offices and residences. Companies may be owned by the government or investors or public shareholders, or a combination thereof. The industry also includes firms that buy and sell electricity. Companies in this industry typically require significant investments in infrastructure. Many firms in this industry pay substantial and regular dividends to shareholders. However, changes in interest rates (and their impact on debt burdens), natural disasters and changing commodity prices could be factors affecting energy utilities’ profit margins. NextEra Energy, Inc., Duke Energy Corporation, Dominion Energy Inc. and Southern Company are among U.S. electric utilities companies with the largest market capitalizations.

Market Cap

The average market capitalization across the Electric Utilities Industry is 16.28B. The market cap for tickers in the group ranges from 500 to 115.51B. NEE holds the highest valuation in this group at 115.51B. The lowest valued company is SLTZ at 500.

High and low price notable news

The average weekly price growth across all stocks in the Electric Utilities Industry was -3%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was -7%. HAWEL experienced the highest price growth at 22%, while ELIAF experienced the biggest fall at -20%.

Volume

The average weekly volume growth across all stocks in the Electric Utilities Industry was 44%. For the same stocks of the Industry, the average monthly volume growth was 51% and the average quarterly volume growth was 22%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 40
P/E Growth Rating: 73
Price Growth Rating: 63
SMR Rating: 79
Profit Risk Rating: 75
Seasonality Score: -15 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
published Dividends

NGG paid dividends on January 11, 2023

National Grid PLC NGG Stock Dividends
А dividend of $1.03 per share was paid with a record date of January 11, 2023, and an ex-dividend date of November 23, 2022. Read more...
A.I. Advisor
published General Information

General Information

an operator of regulated electricity and gas infrastructure

Industry ElectricUtilities

Profile
Fundamentals
Details
Industry
Electric Utilities
Address
1-3 Strand
Phone
+44 2070043000
Employees
29450
Web
https://www.nationalgrid.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
UPH0.98N/A
N/A
UpHealth
EQR58.71-0.06
-0.10%
Equity Residential
CRK11.03-0.04
-0.36%
Comstock Resources
RSKD4.48-0.03
-0.67%
Riskified Ltd
GHM16.60-0.14
-0.84%
Graham Corp

NGG and

Correlation & Price change

A.I.dvisor indicates that over the last year, NGG has been closely correlated with FTS. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if NGG jumps, then FTS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NGG
1D Price
Change %
NGG100%
+1.40%
FTS - NGG
69%
Closely correlated
-0.78%
DUK - NGG
67%
Closely correlated
-0.47%
XEL - NGG
67%
Closely correlated
+0.62%
ED - NGG
66%
Closely correlated
+0.05%
CMS - NGG
66%
Loosely correlated
+0.78%
More

Groups containing NGG

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NGG
1D Price
Change %
NGG100%
+1.40%
NGG
(undefined stocks)
80%
Closely correlated
-3.75%
Utilities
(undefined stocks)
73%
Closely correlated
-0.90%
utility
(undefined stocks)
72%
Closely correlated
-3.72%
Electric Utilities
(undefined stocks)
71%
Closely correlated
-1.07%
electric power
(undefined stocks)
71%
Closely correlated
-3.76%
More