NatWest shares and a target above 1,100p
As parts of the country look forward to some warm weather this week, independent analyst Alistair Strang checks his charts to see if the sun will shine on this high street bank.
21st September 2026 07:20
by Alistair Strang from Trends and Targets
The coming week allegedly promises 20c temperatures, aka roof down weather in the car. NatWest Group (LSE:NWG) should also be experiencing a “roof down” moment as they’ve a visual possibility of their share price heading to new levels!
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We’re a bit cautious about this, even though the share has already achieved a “higher high” since breaking through the 19-year-old blue downtrend since 2007. Rather a lot has happened which suggests we should treat this downtrend very seriously but, if we’re honest, until NatWest's share price closes above the immediate initial target level of 730p, we’d advocate caution.
The immediate situation for NatWest suggests strength above 714p should trigger traffic to an initial 730p next. Our longer-term secondary, should such a level be exceeded, calculates at 754p and almost certain hesitation, despite the future attraction from a long-term 1,155p dangling in the distance.
This almost shocking target level is a Big Picture thing which, according to our in-house rules, became real once the share price broke through the blue downtrend since 2007 with a series of movements. This represents something we should anticipate the share price to react against as time goes on.
Should NatWest intend to clown around, the share needs below 665p currently to potentially trigger reversal to an initial 633p with our secondary, if broken, at 603p and a very possible bottom.
Source: Trends and Targets. Past performance is not a guide to future performance. Important: Trends and Targets charts only incorporate official share count consolidations, ignoring rights issues where investors have a choice as to whether to participate.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
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