National Grid (UK) Momentum Indicators Average Directional Movement Index Rating

NG Stock   992.60  2.00  0.20%   
National Grid momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against National Grid. National Grid value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of National Grid are pattern recognition functions that provide distinct formation on National Grid potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of National Grid PLC is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret National Grid ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

National Grid Technical Analysis Modules

Most technical analysis of National Grid help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for National from various momentum indicators to cycle indicators. When you analyze National charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About National Grid Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of National Grid PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of National Grid PLC based on widely used predictive technical indicators. In general, we focus on analyzing National Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build National Grid's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of National Grid's intrinsic value. In addition to deriving basic predictive indicators for National Grid, we also check how macroeconomic factors affect National Grid price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
993.44994.44995.44
Details
Intrinsic
Valuation
LowRealHigh
972.42973.421,094
Details
Naive
Forecast
LowNextHigh
1,0221,0231,024
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.150.180.19
Details

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When determining whether National Grid PLC is a strong investment it is important to analyze National Grid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Grid's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Grid PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Please note, there is a significant difference between National Grid's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Grid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Grid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.