NGG Stock Tickeron detected bearish Stock Pattern: Triangle Symmetrical Bottom NGG on January 17, 2024, netting in a 5.31% gain over 1 month

A.I.dvisor
at Tickeron.com
02/10/24
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+5.31% Gain from a Successful pattern Triangle Symmetrical Bottom
NGG - National Grid PLC
Ticker: NGG
Company: National Grid
Gain from shortening: +5.31%
Confirmed: 01/17/24
Succeeded: 02/09/24
Total length: 38 days
On January 02, 2024, A.I.dvisor detected a Triangle Symmetrical Bottom Pattern (Bearish) for National Grid PLC (NGG, $67.82). 15 days later, on January 17, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 09, 2024, the stock hit the target price of $64.56 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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NGGDaily Signal changed days agoGain/Loss if shorted
 
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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