NWG technical analysis

NWG Technical Analysis

Analysis date

July 18, 2026

Market

NYSE (USD)

Daily cutoff

July 17, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

NWG Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
NWG
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 17, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)11.82July 17, 2026-Verified
Finviz (independent)11.82July 17, 2026 (previous close)0.00%Verified

Bottom line

NWG Technical Analysis Summary

NWG (NatWest Group) displays a moderately bullish technical picture. The daily chart shows price at 11.82, above SMA20 (11.28) and SMA50 (10.65), but the MACD histogram has turned slightly negative (-0.02), suggesting a potential short-term momentum shift. The weekly timeframe is more decisively bullish with price above all key SMAs, RSI at 62.74 in healthy bullish territory, and MACD histogram expanding positively at 0.42. Key resistance sits at the 52-week high of 12.25, while support is at SMA20 (11.28) and the 20-day low of 10.83. The overall trend remains constructive for the UK-based bank, supported by improving net interest margin trends and a stabilizing UK macroeconomic outlook.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

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

Daily (July 17, 2026)

Trend
Bullish. Price at 11.82 is above SMA20 (11.28) and SMA50 (10.65), and slightly above SMA200 (11.18). The SMA200 is flattening, indicating the long-term trend is transitioning from neutral to bullish. SMA20 above SMA50 confirms short-term bullish alignment.
Momentum
Mixed. RSI14 at 58.42 is in neutral-bullish territory, above the 50 midline but not overbought. MACD at 0.28 has crossed below the signal line at 0.30, producing a slightly negative histogram of -0.02. This minor bearish crossover suggests fading short-term momentum within an otherwise constructive structure.
Volatility
Low to moderate. ATR14 at 0.22 (1.86% of price) indicates contained daily swings. Bollinger Bands (10.83 to 12.03) are moderately narrow with price near the upper band, reflecting recent upward movement.
Volume
Near average. Latest volume of 3,152,400 is 94.7% of the 20-period average (3,327,100), indicating normal participation.

Assessment

The daily chart shows a constructive bullish trend with price above all key SMAs. The primary caution is the daily MACD bearish crossover, which has shifted short-term momentum to mixed. RSI at 58.42 has room before reaching overbought levels. The stock is trading near the upper Bollinger Band, reflecting recent strength. A sustained move above the 52-week high of 12.25 would confirm the next leg higher; a close below SMA20 at 11.28 would signal near-term weakness.

Weekly (July 13, 2026 week)

Trend
Bullish. Price at 11.77 is above SMA20 (10.39), SMA50 (9.86), and well above SMA200 (7.85). All major moving averages are in a bullish alignment with SMA200 sloping upward, confirming a maturing long-term uptrend.
Momentum
Bullish. RSI14 at 62.74 is in healthy bullish territory, well below the 70 overbought threshold. MACD at 0.87 is above the signal line at 0.45 with a positive and rising histogram of 0.42, confirming steady upside momentum at the weekly scale.
Volatility
Moderate. ATR14 at 0.51 (4.33% of price) reflects normal weekly ranges for a mid-cap international bank ADR in an uptrend.
Volume
Slightly below average. Weekly volume shows consistent participation without abnormal spikes, suggesting the uptrend is supported by sustained interest.

Assessment

The weekly chart reinforces the bullish long-term view with price trading well above all SMAs and the SMA200 sloping upward. RSI at 62.74 provides significant room for further upside before approaching overbought levels. The positive and rising MACD histogram confirms steady momentum. The 52-week position at approximately 85% reflects a stock in a solid uptrend but not yet at overbought extremes. The weekly timeframe remains firmly bullish without divergence signals, supporting the constructive outlook.

Key indicators

NWG Key Technical Indicators

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

IndicatorDailyWeekly
RSI (14)58.4262.74
MACD (12, 26, 9)0.28 / 0.30 / -0.020.87 / 0.45 / 0.42
ATR (14)0.22 (1.86%)0.51 (4.33%)
Bollinger Bands (20, 2)10.83 - 12.039.12 - 11.98
SMA (20)11.2810.39
SMA (50)10.659.86
SMA (200)11.187.85

Price structure

NWG Price Structure and Returns

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

MetricDailyWeekly
Current Price11.8211.77
1-Period Return+0.34%+2.08%
5-Period Return+1.55%+6.51%
20-Period Return+4.88%+12.89%
60-Period Return+8.14%+25.62%
252-Period Return+35.45%+42.83%
52-Week Low8.628.62
52-Week High12.2512.25
52-Week Position83.75%84.85%

Key levels

NWG Support and Resistance Levels

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

LevelDailyWeekly
20-Period High12.2512.25
20-Period Low10.839.85
60-Period High12.2512.25
60-Period Low10.189.05

Scenarios

NWG Technical Scenarios

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

Bullish

Trigger

Price breaks above the 52-week high at 12.25 with conviction, confirmed by improving volume and daily MACD histogram turning positive again.

Invalidation

Price falls below the 20-day low of 10.83.

What to watch

Sustained close above 12.25; daily MACD histogram turning positive; RSI holding above 55 on pullbacks; volume increasing on up days.

Range-Bound

Trigger

Price continues to oscillate between 10.83 support and 12.25 resistance, digesting recent gains.

Invalidation

A decisive break of either boundary with increasing volume.

What to watch

RSI fluctuating between 50 and 65; daily MACD remaining near the signal line; volume declining during consolidation.

Bearish

Trigger

Price breaks below the 20-day low at 10.83 and then the 60-day low at 10.18, signaling a potential trend reversal.

Invalidation

Price reclaims the SMA20 (11.28) and holds above it.

What to watch

Sustained closes below SMA20 (11.28); daily MACD histogram becoming more negative; increasing downside volume; weekly RSI dropping below 55.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 17, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

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.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 17, 2026, weekly July 13, 2026 week. Generated July 18, 2026.