Which way are NatWest shares heading?
Independent analyst Alistair Strang examines the high street lender and shares his outlook.
11th August 2025 09:03
by Alistair Strang from Trends and Targets

It was almost spiteful, the highest that NatWest Group (LSE:NWG) has closed at since our previous report being at 530p. This was, by amazing coincidence, our initial price rise target.
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Despite the share price achieving 534p since, it has failed to close above this 530p level, so it’s probably an important number, one that will be worth watching if the share price ever closes above such a level.

Source: Trends and Targets. Past performance is not a guide to future performance.
To be short, sharp, and concise, either intraday traffic above 535p or closure above 530p should now signal the potential of movement to 551p with our secondary, if beaten, at 579p.
Importantly, another salient detail of share price closure above 530p comes from the fact that we will regard a long-term 696p potential more attractive than a jam jar to wasp!
If things intend to go a bit wrong for the share price, below 505p looks capable of triggering reversal to an initial 489p with our secondary, if broken, a more dangerous (and thus, less likely) 463p.
Hopefully the markets enjoy a good week without any real drama. We still suspect things are marching on the spot until everyone gets back from Center Parcs...
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.
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