Natwest Group (LSE:NWG)
It’s more difficult to find anything positive about Natwest than find any unbiased news source about the Russia/Ukraine mess. Thanks to the Russian broadcaster RT being banned from Europe, an attempt to reach their website produced some worrying internet activity, advising my “Browser was being checked before I could continue”. An unwritten rule of the internet is fairly simple; if something strange happens, close it down and do something else.
As this sort of thing hasn’t been happened when accessing the UK state broadcaster, the BBC, it was certainly time to move on and find something else to moan about. And along came Natwest Group as a willing candidate.
Just three weeks ago, we were speculating on the potentials of Natwest entering a future above 3 quid. Unfortunately, everything has gone wrong for the share price and crucially, it has now managed to close a session below 207p, the magically level where the banks price had pierced the downtrend since 2008. This sort of thing is, from our perspective, quite a big deal, thanks to a shocking admission. The Trend isn’t important, it’s how prices behave in relation to The Trend. With Natwest opting to move below the point of trend break, a distinct suggestion is being given we cannot trust the price to move in sympathy with anything which occurred before the trend break. Or in plain English, there’s no longer any certainty Natwest share price shall experience recovery.
The next trigger level is lurking at 201p. Weakness below such a level points at reversal to an initial 191p. This currently paints a picture of another “very bad thing” as it risks the share price moving below Blue on the chart, taking the price back to the clutches of a downtrend from 2008, one which will no longer have any right to be shown on any charts! At this level, things risk getting pretty nasty thanks to weakness below 191p calculating with a secondary drop potential of 157p. Visually this is quite an unhappy image, perhaps suggesting Natwest share price is about to become trapped in a trading range between 150p and 250p for some prolonged time. We can even give a third level (aka less likely) target down at 120p.
Natwest requires something of a miracle to escape this gloomy picture, a miracle which shall be considered delivered if the price somehow manages better 230p anytime soon. We’re not holding our breath.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 8:48:14PM | BRENT | 117.49 | 109.2 | 107.965 | 104.47 | 113.75 | 118.45 | 121 | 125.07 | 112.4 | |
| 9:01:32PM | GOLD | 1967.54 | Success | ||||||||
| 9:05:19PM | FTSE | 6992.44 | Success | ||||||||
| 9:24:17PM | FRANCE | 6035.9 | Success | ||||||||
| 9:30:03PM | GERMANY | 13120 | 12963 | 12625 | 12517 | 13167 | 13432 | 13496 | 13673 | 13322 | Success |
| 9:32:29PM | US500 | 4299.27 | Success | ||||||||
| 10:16:23PM | DOW | 33363 | Success | ||||||||
| 10:21:02PM | NASDAQ | 13753 | ‘cess | ||||||||
| 10:23:13PM | JAPAN | 25864 |
4/03/2022 FTSE Closed at 6987 points. Change of -3.47%. Total value traded through LSE was: £ 8,861,498,669 a change of 14.29%
3/03/2022 FTSE Closed at 7238 points. Change of -2.57%. Total value traded through LSE was: £ 7,753,530,217 a change of -3.98%
2/03/2022 FTSE Closed at 7429 points. Change of 1.35%. Total value traded through LSE was: £ 8,074,541,610 a change of -5.31%
1/03/2022 FTSE Closed at 7330 points. Change of -1.72%. Total value traded through LSE was: £ 8,527,347,509 a change of -15.97%
28/02/2022 FTSE Closed at 7458 points. Change of -0.41%. Total value traded through LSE was: £ 10,147,661,297 a change of 20.2%
25/02/2022 FTSE Closed at 7489 points. Change of 3.91%. Total value traded through LSE was: £ 8,442,124,681 a change of -14.64%
24/02/2022 FTSE Closed at 7207 points. Change of -3.88%. Total value traded through LSE was: £ 9,889,574,342 a change of 64.76%
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:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OPG OPG Power Ventures** **LSE:POG Petrop etc** **LSE:RMG Royal Mail** **LSE:SBRY Sainsbury** **LSE:SDY Speedyhire** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **LSE:VOG VICTORIA** **LSE:ZOO Zoo Digital** **
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Updated charts published on : Aston Martin, Asos, Aviva, Avacta, Barclays, BALFOUR BEATTY, Barrett Devs, Carclo, Cellular Goods, Carnival, Capita, 4D Pharma, Diageo, Experian, EasyJet, Firstgroup, Foxtons, Hargreaves Lansdown, British Airways, IG Group, International Personal Finance, ITM Power, ITV, Lloyds Grp., Marks and Spencer, Natwest, OPG Power Ventures, Petrop etc, Royal Mail, Sainsbury, Speedyhire, The Trainline, Taylor Wimpey, VICTORIA, Zoo Digital,
LSE:AML Aston Martin Close Mid-Price: 785.8 Percentage Change: -8.33% Day High: 855.2 Day Low: 787.6
Target met. Weakness on Aston Martin below 787.6 will invariably lead to ……..
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View Previous Aston Martin & Big Picture ***
LSE:ASC Asos Close Mid-Price: 1609.5 Percentage Change: -0.40% Day High: 1620.5 Day Low: 1545
Continued weakness against ASC taking the price below 1545 calculates as ……..
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View Previous Asos & Big Picture ***
LSE:AV. Aviva Close Mid-Price: 386.8 Percentage Change: -4.64% Day High: 400.9 Day Low: 386.5
Weakness on Aviva below 386.5 will invariably lead to 347 with secondary, ……..
</p
View Previous Aviva & Big Picture ***
LSE:AVCT Avacta. Close Mid-Price: 42 Percentage Change: + 1.45% Day High: 43 Day Low: 38.5
In the event Avacta experiences weakness below 38.5 it calculates with a ……..
</p
View Previous Avacta & Big Picture ***
LSE:BARC Barclays Close Mid-Price: 156.8 Percentage Change: -7.19% Day High: 168.16 Day Low: 156.78
Target met. Weakness on Barclays below 156.78 will invariably lead to 154 ……..
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View Previous Barclays & Big Picture ***
LSE:BBY BALFOUR BEATTY Close Mid-Price: 219.4 Percentage Change: -4.61% Day High: 230.8 Day Low: 219.2
Target met. Continued weakness against BBY taking the price below 219.2 c ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:BDEV Barrett Devs Close Mid-Price: 543.8 Percentage Change: -2.54% Day High: 559 Day Low: 537.4
Target met. Weakness on Barrett Devs below 537.4 will invariably lead to ……..
</p
View Previous Barrett Devs & Big Picture ***
LSE:CAR Carclo Close Mid-Price: 22.45 Percentage Change: -8.37% Day High: 23.1 Day Low: 20.9
Target met. Continued weakness against CAR taking the price below 20.9 ca ……..
</p
View Previous Carclo & Big Picture ***
LSE:CBX Cellular Goods Close Mid-Price: 3.3 Percentage Change: -13.16% Day High: 3.82 Day Low: 3.38
In the event Cellular Goods experiences weakness below 3.38 it calculates ……..
</p
View Previous Cellular Goods & Big Picture ***
LSE:CCL Carnival Close Mid-Price: 1195.6 Percentage Change: -5.64% Day High: 1252 Day Low: 1180
If Carnival experiences continued weakness below 1180, it will invariably ……..
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View Previous Carnival & Big Picture ***
LSE:CPI Capita Close Mid-Price: 22.34 Percentage Change: -9.52% Day High: 24.7 Day Low: 22.21
Target met. Weakness on Capita below 22.21 will invariably lead to 20 wit ……..
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View Previous Capita & Big Picture ***
LSE:DDDD 4D Pharma Close Mid-Price: 26.55 Percentage Change: -7.49% Day High: 29.1 Day Low: 26.2
If 4D Pharma experiences continued weakness below 26.2, it will invariabl ……..
</p
View Previous 4D Pharma & Big Picture ***
LSE:DGE Diageo Close Mid-Price: 3509 Percentage Change: -2.53% Day High: 3583.5 Day Low: 3494
Continued weakness against DGE taking the price below 3494 calculates as ……..
</p
View Previous Diageo & Big Picture ***
LSE:EXPN Experian Close Mid-Price: 2833 Percentage Change: -2.98% Day High: 2926 Day Low: 2810
In the event Experian experiences weakness below 2810 it calculates with ……..
</p
View Previous Experian & Big Picture ***
LSE:EZJ EasyJet Close Mid-Price: 475.3 Percentage Change: -6.95% Day High: 500 Day Low: 467.3
If EasyJet experiences continued weakness below 467.3, it will invariably ……..
</p
View Previous EasyJet & Big Picture ***
LSE:FGP Firstgroup Close Mid-Price: 92 Percentage Change: -2.75% Day High: 94.75 Day Low: 91.35
In the event Firstgroup experiences weakness below 91.35 it calculates wi ……..
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View Previous Firstgroup & Big Picture ***
LSE:FOXT Foxtons Close Mid-Price: 32.4 Percentage Change: -5.81% Day High: 34 Day Low: 31.5
Target met. Continued weakness against FOXT taking the price below 31.5 c ……..
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View Previous Foxtons & Big Picture ***
LSE:HL. Hargreaves Lansdown. Close Mid-Price: 1010.5 Percentage Change: + 1.50% Day High: 1020 Day Low: 973
Target met. In the event Hargreaves Lansdown experiences weakness below 9 ……..
</p
View Previous Hargreaves Lansdown & Big Picture ***
LSE:IAG British Airways Close Mid-Price: 123.48 Percentage Change: -6.30% Day High: 131.32 Day Low: 123.88
If British Airways experiences continued weakness below 123.88, it will ……..
</p
View Previous British Airways & Big Picture ***
LSE:IGG IG Group Close Mid-Price: 722.5 Percentage Change: -1.97% Day High: 742.5 Day Low: 714
Target met. Continued weakness against IGG taking the price below 714 cal ……..
</p
View Previous IG Group & Big Picture ***
LSE:IPF International Personal Finance Close Mid-Price: 95 Percentage Change: -12.04% Day High: 109.2 Day Low: 91.1
Target met. In the event International Personal Finance experiences weakn ……..
</p
View Previous International Personal Finance & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 314.8 Percentage Change: + 3.48% Day High: 319.4 Day Low: 296.2
Weakness on ITM Power below 296.2 will invariably lead to 263 with second ……..
</p
View Previous ITM Power & Big Picture ***
LSE:ITV ITV Close Mid-Price: 75.26 Percentage Change: -6.18% Day High: 79.28 Day Low: 72.5
Target met. Continued weakness against ITV taking the price below 72.5 ca ……..
</p
View Previous ITV & Big Picture ***
LSE:LLOY Lloyds Grp. Close Mid-Price: 43.03 Percentage Change: -4.71% Day High: 45.01 Day Low: 42.63
Target met. In the event Lloyds Grp. experiences weakness below 42.63 it ……..
</p
View Previous Lloyds Grp. & Big Picture ***
LSE:MKS Marks and Spencer Close Mid-Price: 157.3 Percentage Change: -3.38% Day High: 163.2 Day Low: 156.85
Continued weakness against MKS taking the price below 156.85 calculates a ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:NWG Natwest Close Mid-Price: 202.5 Percentage Change: -5.73% Day High: 214.6 Day Low: 203.6
In the event Natwest experiences weakness below 203.6 it calculates with ……..
</p
View Previous Natwest & Big Picture ***
LSE:OPG OPG Power Ventures Close Mid-Price: 6.75 Percentage Change: -11.76% Day High: 7.65 Day Low: 6.75
If OPG Power Ventures experiences continued weakness below 6.75, it will ……..
</p
View Previous OPG Power Ventures & Big Picture ***
LSE:POG Petrop etc. Close Mid-Price: 1.88 Percentage Change: + 4.44% Day High: 1.91 Day Low: 0.98
Weakness on Petrop etc below 0.98 will invariably lead to 0.5p and that’s ……..
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View Previous Petrop etc & Big Picture ***
LSE:RMG Royal Mail Close Mid-Price: 353 Percentage Change: -2.22% Day High: 362.1 Day Low: 349
Target met. If Royal Mail experiences continued weakness below 349, it wi ……..
</p
View Previous Royal Mail & Big Picture ***
LSE:SBRY Sainsbury Close Mid-Price: 248.7 Percentage Change: -1.47% Day High: 252.4 Day Low: 246.5
Target met. In the event Sainsbury experiences weakness below 246.5 it ca ……..
</p
View Previous Sainsbury & Big Picture ***
LSE:SDY Speedyhire Close Mid-Price: 48.55 Percentage Change: -3.67% Day High: 50.2 Day Low: 48.3
Target met. Weakness on Speedyhire below 48.3 will invariably lead to 44 ……..
</p
View Previous Speedyhire & Big Picture ***
LSE:TRN The Trainline Close Mid-Price: 164.2 Percentage Change: -6.92% Day High: 178.6 Day Low: 163.8
Target met. Continued weakness against TRN taking the price below 163.8 c ……..
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View Previous The Trainline & Big Picture ***
LSE:TW. Taylor Wimpey Close Mid-Price: 133.1 Percentage Change: -3.93% Day High: 140.4 Day Low: 133.6
Target met. Weakness on Taylor Wimpey below 133.6 will invariably lead to ……..
</p
View Previous Taylor Wimpey & Big Picture ***
LSE:VOG VICTORIA Close Mid-Price: 3.9 Percentage Change: -8.24% Day High: 4.1 Day Low: 3.9
In the event VICTORIA experiences weakness below 3.9 it calculates with a ……..
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View Previous VICTORIA & Big Picture ***
LSE:ZOO Zoo Digital Close Mid-Price: 99 Percentage Change: -7.91% Day High: 107.5 Day Low: 99
Target met. Weakness on Zoo Digital below 99 will invariably lead to 96p ……..
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View Previous Zoo Digital & Big Picture ***