Still ‘considerable hope’ for NatWest shares
Despite trading some way short of August's multi-year peak, independent analyst Alistair Strang is optimistic about long-term prospects.
22nd September 2025 07:41
by Alistair Strang from Trends and Targets
NatWest Group (LSE:NWG) delivered a gift wrapped surprise on 15 September, the market choosing to open the share at 534p, a penny above our previous initial target level at 533p. We were quite chuffed, treating this as an indication “they” were following a similar set of rules to ourselves, perhaps even opting to round the target level up, rather than employ our habit of playing safe.
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Of course, what happened since has been messy, though not quite as murderous as it could be. The price of NatWest needs to close below 480p before we shall indulge in panic, giving the potential of weakness to an initial 463p with our secondary, if broken, an eventual sticky bottom of 410p.
In other words, we’d not be terribly comfortable predicting a bounce from such a level. Instead, we suspect the current trajectory shall probably bounce around 488p, keeping the share price fluttering around in a zone where some considerable hope is possible.
There’s a funny thing about NatWest, a “secret” long term target level we’re almost afraid to admit exists.
For the long term, we’re calculating the ruling influence as coming from a ridiculously attractive sounding 1,055p!
Should things intend to turn positive for NatWest, above 534p now looks capable of triggering movement to an initial 551p with our secondary, if exceeded, at an eventual 577p. Such a target would be a really big deal for the future, creating a proper official “higher high” and making a third level ambition at 686p. And at such a level, our silly sounding distant 1,055p doesn’t sound quite as daft.
Source: Trends and Targets. Past performance is not a guide to future performance.
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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