NWG Price Prediction Next Week
Technical Analysis:
Based on the latest data from StockInvest.us, NatWest Group (NWG) shows a strong buy signal from both short and long-term moving averages. The stock has gained 4 consecutive trading days, rising from $12.14 to $12.23 on Friday (Feb 28, 2025).
Key technical indicators:
- Support levels: $11.74 and $10.85
- Recent price range: $12.09 (low) to $12.30 (high)
- Volume increase: 57 million shares traded (+41 million from previous day)
- Positive volume-price correlation indicating buying pressure
Price Prediction for Next Week (March 3-7, 2025):
Based on current technical momentum and volume analysis:
- Target price: $13.45 (projected 10% upside)
- Probability range: $11.39 (support) to $13.87 (resistance)
- 90% confidence interval for this range
Trading Recommendation: BUY
Rationale:
- Strong buy signals from moving average indicators
- Increasing trading volume with price gains
- Clear upward momentum with 4 consecutive positive days
- Technical support levels provide downside protection
Entry point: Current market price ($12.23) Initial target: $13.45 Stop loss: $11.79 (-3.62% from current price)
The stock shows a positive technical setup with increasing volume supporting the price movement. The risk is considered medium based on average daily price movements of 1.70%.
NWG Similar Chart Price Prediction
The price of NWG is predicted to go up -1.7%, based on the high correlation periods with VRN. The similarity of these two price pattern on the periods is 97.38%.
NWG
VRN
Down: -1.7%Similarity: 97.38%
NWG Revenue Forecast
NWG EPS Forecast
NWG FAQs
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NWG VS S&P500
NatWest operates a strong retail and commercial banking franchise in the U.K.
NatWest has shown its ability to return capital to shareholders based on improved operating performance and a successful restructuring effort.
NatWest has a strong capital position well above minimum requirements.
NWG Analyst's Forecast
Joseph Dickerson
Jefferies
Sell → Strong Buy
2024-10-15
Price Target
n/a
Downside
0%
Jefferies analyst Jonathan Pierce upgraded NatWest Group to Buy from Underperform with a price target of 425 GBp, up from 140 GBp, following a transfer of coverage. The firm says NatWest "is the easiest play on the hedge story." The bank's net interest income is 77% of revenue, the mortgage book has fully repriced, and deposit mix is stabilizing, the analyst tells investors in a research note. "Now it's all about the hedge where net maturity yields are zero next year," adds Jefferies.
