Why NatWest shares are looking good
Shares in many of the high street banks have recovered to post financial crash highs, and independent analyst Alistair Strang thinks this one's rebound could continue.
6th January 2026 07:42
by Alistair Strang from Trends and Targets
Happy New Year!
Presently trading around 665p, NatWest Group (LSE:NWG) shares needs to close a session above just 711p for us to dare to believe the damage from the “Crash of 2009” is being eroded. It is worth remembering the true value of the bank's share is 1/10th of the current artificial price, due to a 1:10 share consolidation under RBS branding quite a few years ago.
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However, for those who’ve been playing with the share since its low of 9.7p in March 2009, in any language the current price is a lot healthier, and perhaps poised for even happier times ahead.
The current situation for NatWest suggests movement next above 670p should now target an initial 686p with our secondary, if bettered, at 701p.
This should certainly bring the share price within sniffing distance of our “closure above 711p demand”, this being the theoretical trigger which should promote a Big Picture potential travel in the direction of an eventual 1,159p.
For things to go pear-shaped, the share price needs to close below 550p, which currently looks unlikely.
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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