+2.5% for National Grid stock — asset surges on positive results and dividend news
National Grid plc (NG) is trading at GBX 1,149.50, up GBX 28.00 (2.5%) on the day and holding above its MA-20 (GBX 1,133.80), MA-50 (GBX 1,139.04), and well above the MA-200 (GBX 1,064.92). The asset's current position reflects strong support from all major moving averages, with dynamic resistance around the Ichimoku Kijun at GBX 1,143.00.
Highlights
- National Grid unveiled a £60 billion multi-year capital investment plan, with £51 billion dedicated to green initiatives starting November 6, 2025.
- The company targets a group asset growth CAGR of approximately 10% and reaffirmed its dividend policy linked to inflation.
- An interim dividend of 16.35p goes ex-dividend on November 20, 2025, and Zoë Yujnovich will succeed Pettigrew as CEO later in November.
Green investment drive and leadership change steer growth outlook
National Grid reported its Half Year Results 2025/26 on November 6, 2025, detailing a multi-year capital investment plan of approximately £60 billion, with around £51 billion directed toward green initiatives. The company also announced an estimated group asset growth CAGR of about 10% and reiterated a dividend policy linked to inflation. An interim dividend of 16.35p goes ex-dividend on November 20, 2025, and there will be an executive leadership transition as Zoë Yujnovich succeeds Pettigrew later in November.
Mixed momentum warns of caution amid buyer-led rally
Momentum signals on the daily chart are mixed: the MACD signals sell, indicating some loss of upside momentum, while the daily ADX remains below 20, pointing to a weak trend. Most oscillators appear bearish or neutral, with RSI at a low 41.76, Stochastic RSI tilting oversold, and CCI posting negative values — all suggesting caution among traders. However, BBP is overbought at 7.04, reflecting aggressive intraday buyer dominance. The session began with a bullish gap up (GBX 1,121.50 → GBX 1,132.50), and the price remains near the day's high, supported by moderate to high volatility and continued buying flows despite indicator divergences.
Upside risk favored as volatility bands signal breakout potential
Over the next five sessions, the typical volatility band is expected to range between GBX 1,132.50 and GBX 1,150.00. There is a very high probability (over 80%) of further price gains, supported by the strong alignment of bullish weekly signals from moving averages, the MACD, and RSI. If upward momentum persists and NG surpasses GBX 1,150.00, further highs may be reached amid continued buyer demand, while a break below GBX 1,132.50 could expose the stock to a pullback toward the MA-20.
Previously it was reported that National Grid is experiencing sustained short- and medium-term selling pressure with its price below key short-term moving averages but maintaining longer-term bullish momentum above the 200-day average. Technical indicators, including a bearish MACD and neutral oscillators, support a sideways to mildly bearish outlook, with a likely trading range holding unless a breakout occurs beyond established support or resistance.
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