• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 484715 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414672931 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414672931 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

National Grid Crosses Above its 10-day MA (NGG)

Published on Tue, 04/23/2013 - 11:14
By Adrienne Chilton

National Grid (NYSE:NGG) crossed over its 10-day moving average of $60.63 on a volume of 264K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

National Grid (NYSE:NGG) defies analysts with a current price ($61.60) 3.3% above its average consensus price target of $59.55. The stock should find initial support at its 50-day moving average (MA) of $56.75 and further support at its 200-day MA of $55.63.

In the past 52 weeks, National Grid share prices have been bracketed by a low of $49.55 and a high of $61.73 and are now at $61.60, 24% above that low price. The 200-day and 50-day moving averages have moved 0.20% higher and 0.62% higher over the past week, respectively.

National Grid PLC owns, operates and develops electricity and gas networks. The Group's electricity transmission and gas distribution networks are located throughout the United Kingdom and in the north-eastern section of the United States. They also own liquefied natural gas storage facilities in Britain and provide infrastructure services to the mobile telecom industry.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Possible Bearish Inside Day Candle Patte...

Analyzing the price chart for HEICO (NYSE:HEI) has revealed a potential bearish inside ...

Possible Bearish Inside Day Candle Patte...

Analysts have spotted a possible bearish inside day candle pattern in American Vanguard ...

Analysis of Relative Performance in the ...

Here are 5 stocks in the Trucking industry ranked by performance. We compiled the trad ...

Bottom 5 Companies in the Systems Softwa...

Here are 5 stocks in the Systems Software industry ranked by performance. We compiled ...

Analysis of Relative Performance in the ...

Analysis was conducted on the Steel industry to measure relative performance to find st ...

Shares of Office Depot Underperformed it...

Analysis was conducted on the Specialty Stores industry to measure relative performance ...

Analysis of Relative Performance in the ...

Below are five companies in the Specialty Chemicals industry that underperformed yester ...

Weyerhaeuser has Relatively Underperform...

Here are 5 stocks in the Specialized REITs industry ranked by performance. We compiled ...