New outlook for NatWest shares
As investors return from their summer breaks, independent analyst Alistair Strang takes a fresh look at prospects for this retail bank.
2nd September 2026 07:18
by Alistair Strang from Trends and Targets
The next week should see the stock markets taking a greater interest in life as folk return from their August break.
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For NatWest Group (LSE:NWG), from an immediate perspective, we calculate their share price currently needs to exceed 720p to suggest the retail bank is about to exhibit its own fireworks display. Above such a trigger level should produce movements to an initial 750p with our longer-term secondary, if exceeded, at 893p.
If things intend to go wrong, below 636p looks like it shall prove dangerous, perhaps capable of driving the price down to an initial 598p and visually, a strong suggestion for a bounce.
Share price closure below 598p would be regarded as a bad thing, working out with a secondary objective at 544p and a lack of confidence for a rebound. This would be due to the Big Picture giving a visually unlikely 443p as possible, this aided by a firm hint the retail bank has returned to doing retail bank things, ruining the hopes of investors.
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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