NGG technical analysis

NGG Technical Analysis

Analysis date

August 6, 2026

Market

NYSE (USD)

Daily cutoff

August 5, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

NGG Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
NGG
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 5, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series80.26August 5, 2026-Verified
Verification series80.26August 5, 20260.00%Verified

Bottom line

NGG Technical Analysis Summary

NGG (National Grid) shows a short-term pullback within a longer-term uptrend as of the August 5, 2026 close. Daily price at 80.26 sits just below the SMA200 (80.95) and below the SMA20 (81.79) and SMA50 (81.86), after retreating from the 20-period high of 85.02 set in mid-July. Daily momentum is soft with RSI14 at 44.08 and a negative MACD histogram of -0.23. On the weekly chart, price at 79.97 is below the SMA20 (82.83) but above the SMA50 (78.95) and well above the rising SMA200 (61.57), and the 252-period return of +79.40% confirms a strong multi-year advance. NGG is a UK-based regulated utility operating electricity and gas networks in the UK and the US, with a low-volatility price profile. Key resistance is at 80.95 (SMA200) and 85.02 (20-period high), while support sits at 78.76 (20-period low) and 77.43 (60-period low). A sustained reclaim of the SMA200 would signal stabilization, while a break below 77.43 would point to a deeper correction.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 5, 2026)

Trend
Neutral to bearish in the short term. Price at 80.26 trades just below the SMA200 (80.95), SMA20 (81.79), and SMA50 (81.86) after pulling back from the 20-period high of 85.02. The moving averages are nearly flat, reflecting consolidation following the earlier advance.
Momentum
Bearish. RSI14 at 44.08 is below the 50 midline, indicating soft momentum. The MACD line at -0.66 is below the signal at -0.43 with a negative histogram of -0.23, confirming downward momentum in the short term.
Volatility
Low. ATR14 at 1.40 (1.74% of price) reflects the low-volatility profile of a regulated utility. Bollinger Bands (78.94 to 84.65) place price in the lower half of the range, consistent with the recent pullback.
Volume
Average. Latest volume of 761,100 is 100.0% of the 20-period average of 760,700, indicating normal participation during the correction.

Assessment

The daily chart shows a pullback within a longer-term uptrend. Price has slipped below the key moving averages and momentum has turned negative, but the decline has been measured and volume has not spiked. The 252-period return of +15.00% and the 52-week position of 56.29% show the stock remains in a constructive longer-term range. A reclaim of the SMA200 at 80.95 would be the first sign of stabilization, while a break below the 20-period low at 78.76 would open the way toward the 60-period low at 77.43.

Weekly (July 27, 2026 week)

Trend
Neutral with a long-term uptrend. Price at 79.97 is below the SMA20 (82.83) but above the SMA50 (78.95) and well above the rising SMA200 (61.57). The longer-term trend remains upward while the intermediate term is correcting.
Momentum
Neutral. RSI14 at 46.74 is just below the 50 midline. The MACD line at 0.48 is below the signal at 1.07 with a negative histogram of -0.59, indicating fading momentum on the weekly timeframe.
Volatility
Elevated. ATR14 at 3.87 (4.84% of price) reflects wider weekly ranges as the stock corrects from the 60-period high of 92.22.
Volume
Below average. Latest weekly volume of 4,013,000 is 70.5% of the 20-week average of 5,695,520, showing reduced participation during the pullback.

Assessment

The weekly chart confirms an intermediate correction within a strong longer-term uptrend. Price remains above the weekly SMA50 and well above the rising SMA200, and the 252-period return of +79.40% underscores the multi-year advance. RSI near 50 and a negative MACD histogram suggest the correction may not be finished. Support sits at 77.43 (20-period low) and 64.87 (60-period low and 52-week low), while resistance is at the SMA20 (82.83) and the 20-period high (89.29).

Key indicators

NGG Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)44.0846.74
MACD (12, 26, 9)-0.66 / -0.43 / -0.230.48 / 1.07 / -0.59
ATR (14)1.40 (1.74%)3.87 (4.84%)
Bollinger Bands (20, 2)78.94 - 84.6577.89 - 87.77
SMA (20)81.7982.83
SMA (50)81.8678.95
SMA (200)80.9561.57

Price structure

NGG Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price80.2679.97
1-Period Return-0.20%-2.83%
5-Period Return+1.75%-3.66%
20-Period Return-3.91%-9.71%
60-Period Return-5.20%+17.74%
252-Period Return+15.00%+79.40%
52-Week Low64.8764.87
52-Week High92.2292.22
52-Week Position56.29%55.23%

Key levels

NGG Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High85.0289.29
20-Period Low78.7677.43
60-Period High85.8892.22
60-Period Low77.4364.87

Scenarios

NGG Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price reclaims and holds above the SMA200 at 80.95, followed by a break above the 20-period high at 85.02 with increasing volume.

Invalidation

Price fails to hold above the 20-period low at 78.76 and breaks below the 60-period low at 77.43.

What to watch

Daily RSI recovering above 50; MACD crossing back above its signal; weekly RSI holding above 45; volume expanding on the bounce.

Range-Bound

Trigger

Price oscillates between support at 78.76 (20-period low) and resistance near the SMA20 and SMA50 cluster around 81.79 to 81.86, with the SMA200 at 80.95 in between.

Invalidation

A decisive break above 85.02 or below 77.43 with above-average volume.

What to watch

RSI staying between 40 and 55; MACD histogram fluctuating near zero; volume near the 20-period average.

Bearish

Trigger

Price breaks below the 20-period low at 78.76 and then the 60-period low at 77.43, extending the correction toward the 52-week low area.

Invalidation

Price reclaims the SMA200 at 80.95 and establishes a higher low above 78.76.

What to watch

Daily RSI falling below 40; MACD histogram turning more negative; weekly MACD staying below its signal; volume rising on down days.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.