In the meantime, Citigroup downgraded its National Grid Plc ADR [NGG] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in late April from “a Buy” to “a Neutral”. Bernstein also remained covering NGG and has increased its forecast on March 17, 2025 with a “an Outperform” recommendation from previously “Mkt perform” rating. Citigroup revised its rating on January 21, 2025. It rated NGG as “a Buy” which previously was an “a Neutral”.
Price Performance Review of NGG
On Tuesday, National Grid Plc ADR [NYSE:NGG] saw its stock jump 0.64% to $72.30. Over the last five days, the stock has lost -1.01%. National Grid Plc ADR shares have risen nearly 21.68% since the year began. Nevertheless, the stocks have risen 13.81% over the past one year. While a 52-week high of $74.82 was reached on 04/22/25, a 52-week low of $53.57 was recorded on 01/14/25. SMA at 50 days reached $66.33, while 200 days put it at $64.32.
Levels Of Support And Resistance For NGG Stock
The 24-hour chart illustrates a support level at 72.12, which if violated will result in even more drops to 71.95. On the upside, there is a resistance level at 72.59. A further resistance level may holdings at 72.89. The Relative Strength Index (RSI) on the 14-day chart is 61.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.56%. Stochastics %K at 43.17% indicates the stock is a holding.
