#FTSE #Gold Our three weekly look at Natwest has surprised us a little. The share appears to be starting 2022 in optimistic territory, the price somehow discovering an ability to close the 4th of January at 234.9p! By a miniscule 0.6p, the share price has closed at a higher high, since the Blue downtrend was conclusively broken last year. Apparently, it’s now time for party poppers…
While we’re a little “tongue in cheek” with optimism, there is a harsh reality and it’s that the markets rarely send this sort of signal without it actually proving realistic. Perhaps importantly, the bank share price is also trading above it’s pre-pandemic level and if experience with other markets worldwide is to be accepted, this should also provide a significant clue as to the future for the share price. Thanks to this overload of optimistic signals, we’re inclined to take a step back and review the share price potentials from a Big Picture perspective.
Apparently we are now supposed to accept Natwest share price has entered a longer term cycle to an initial 316p. Closure around this level shall prove important, thanks to a perfectly obvious glass ceiling at the 300p level. Our long term secondary, in the event 316p is exceed – or the price closes above 300p – works out at a visually pleasing 369p, a price level at which we expect some hesitation.
For things to horribly wrong for Natwest, the share price currently needs reverse below Blue on the chart, presently 207p. Such a movement would quite strongly suggest investing in running shoes but for now, this particular retail bank provides some hope for the future.
Massive thanks to the folk who found a few adverts worthy of their interest on this page. We’re upgrading our coffee!
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 11:07:13PM | BRENT | 80.02 | 78.48 | 78.09 | 79.56 | 80.46 | 80.9 | 79.41 | ||
| 11:09:01PM | GOLD | 1814.01 | 1798 | 1792 | 1810 | 1817 | 1819 | 1811 | ||
| 11:10:51PM | FTSE | 7493 | 7421 | 7410 | 7463 | 7521 | 7540 | 7481 | ||
| 11:14:13PM | FRANCE | 7308 | 7246 | 7237 | 7484 | 7333 | 7387 | 7195 | ||
| 11:16:36PM | GERMANY | 16147 | 16008 | 15945 | 16077 | 16206 | 16310 | 16032 | ||
| 11:18:24PM | US500 | 4790 | 4773 | 4763 | 4796 | 4816 | 4824 | 4790 | ||
| 11:20:40PM | DOW | 36766 | 36610 | 36520 | 36726 | 36929 | 37030 | 36731 | ||
| 11:22:33PM | NASDAQ | 16249 | 16222 | 16156 | 16333 | Nothing | making | sense |
4/01/2022 FTSE Closed at 7505 points. Change of 1.64%. Total value traded through LSE was: £ 7,036,052,579 a change of 378.45%
31/12/2021 FTSE Closed at 7384 points. Change of -0.26%. Total value traded through LSE was: £ 1,470,600,972 a change of -36.25%
30/12/2021 FTSE Closed at 7403 points. Change of -0.23%. Total value traded through LSE was: £ 2,306,886,388 a change of -39.99%
29/12/2021 FTSE Closed at 7420 points. Change of -100%. Total value traded through LSE was: £ 3,844,071,499 a change of 0%
23/12/2021 FTSE Closed at 7373 points. Change of 0%. Total value traded through LSE was: £ 3,429,761,214 a change of 0%
SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.
Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.
UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
Click Epic to jump to share: LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:DGE Diageo** **LSE:EZJ EasyJet** **LSE:HSBA HSBC** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:RKH Rockhopper** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **
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Updated charts published on : Aviva, Avacta, Barclays, BALFOUR BEATTY, Barrett Devs, BP PLC, Carnival, Centrica, Diageo, EasyJet, HSBC, Lloyds Grp., Natwest, Rockhopper, Royal Mail, Rolls Royce, Standard Chartered, Tesco, Taylor Wimpey,
LSE:AV. Aviva. Close Mid-Price: 428.9 Percentage Change: + 4.51% Day High: 429.3 Day Low: 414.9
Target Met. Next above 430 indicates the potential of 448 next. If bettere ……..
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View Previous Aviva & Big Picture ***
LSE:AVCT Avacta Close Mid-Price: 119 Percentage Change: -4.42% Day High: 130.35 Day Low: 115
This has gotten a little dodgy as below 115 now indicates coming reversal ……..
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View Previous Avacta & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 196.66 Percentage Change: + 5.17% Day High: 197.5 Day Low: 190.3
Target Met. There is a reasonable chance things are about to kick off here ……..
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View Previous Barclays & Big Picture ***
LSE:BBY BALFOUR BEATTY. Close Mid-Price: 271.2 Percentage Change: + 3.51% Day High: 273.4 Day Low: 267
Target Met. Above 274 now suggests 284 next with secondary, if bettered, ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:BDEV Barrett Devs. Close Mid-Price: 760 Percentage Change: + 1.60% Day High: 765 Day Low: 754.2
Target Met. This is on the edge of an “all change” moment as above 765 now ……..
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View Previous Barrett Devs & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 351 Percentage Change: + 6.20% Day High: 352.4 Day Low: 339.15
Target Met. While the threat remains of some hesitation at the current lev ……..
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View Previous BP PLC & Big Picture ***
LSE:CCL Carnival. Close Mid-Price: 1472.2 Percentage Change: + 6.40% Day High: 1510 Day Low: 1455.8
Above 1510 should bring the price to an initial 1544p. If bettered, our se ……..
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View Previous Carnival & Big Picture ***
LSE:CNA Centrica. Close Mid-Price: 73.82 Percentage Change: + 3.24% Day High: 74.4 Day Low: 71.86
Target Met. Now above 75 promises movement to an initial 87p. If bettered, ……..
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View Previous Centrica & Big Picture ***
LSE:DGE Diageo. Close Mid-Price: 4103.5 Percentage Change: + 1.67% Day High: 4110 Day Low: 4044
Continued trades against DGE with a mid-price ABOVE 4110 should improve th ……..
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View Previous Diageo & Big Picture ***
LSE:EZJ EasyJet. Close Mid-Price: 607.4 Percentage Change: + 9.24% Day High: 624 Day Low: 589.8
This is almost amazing as above 624 calculates with the concept of 667 nex ……..
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View Previous EasyJet & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 471.5 Percentage Change: + 5.09% Day High: 472.6 Day Low: 455
Target Met. Now above 473 has the potential for travel to an initial 491 w ……..
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View Previous HSBC & Big Picture ***
LSE:LLOY Lloyds Grp.. Close Mid-Price: 49.91 Percentage Change: + 4.41% Day High: 50 Day Low: 48.6
Further movement against Lloyds Grp. ABOVE 50 should improve acceleration ……..
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View Previous Lloyds Grp. & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 234.9 Percentage Change: + 4.08% Day High: 235.5 Day Low: 226
Target Met. Now above 236 suggests ongoing traffic toward 246 next with se ……..
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View Previous Natwest & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 9.5 Percentage Change: + 14.46% Day High: 10.02 Day Low: 8.3
Target Met. Ongoing traffic above 10.02 suggests movement to an initial 10 ……..
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View Previous Rockhopper & Big Picture ***
LSE:RMG Royal Mail. Close Mid-Price: 523 Percentage Change: + 3.36% Day High: 526.4 Day Low: 514.4
All Royal Mail needs are mid-price trades ABOVE 527 to improve acceleratio ……..
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View Previous Royal Mail & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 127.08 Percentage Change: + 3.42% Day High: 128.28 Day Low: 126.14
Target Met. There are some interesting potentials now showing as above 129 ……..
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View Previous Rolls Royce & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 462.8 Percentage Change: + 3.21% Day High: 467 Day Low: 452.4
Target Met. Further movement against Standard Chartered ABOVE 467 should i ……..
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View Previous Standard Chartered & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 293.95 Percentage Change: + 1.40% Day High: 294.15 Day Low: 292.05
Target Met. In the event of Tesco enjoying further trades beyond 295, the ……..
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View Previous Tesco & Big Picture ***
LSE:TW. Taylor Wimpey. Close Mid-Price: 178 Percentage Change: + 1.42% Day High: 179.7 Day Low: 175
Target Met. Now above 180 calculates with hesitation potentials at 182 but ……..
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View Previous Taylor Wimpey & Big Picture ***