NatWest Group PLC

NWG remains in a Stage 2 advancing regime with a bullish medium- and long-term uptrend intact. The active Higher Highs & Higher Lows pattern confirms demand dominance, and price sits above rising EMAs and the 50 DMA. However, short-term extension and overbought conditions argue for deferring fresh entries—waiting for a pullback into the rising EMA support zone before engaging.

• ↑Customer lending rose 6.6% YoY to £400 bn; deposits up 2.6% to £445 bn
• ↑Dividend yield 4.9% and £1.5 bn in buybacks underscore strong cash returns
• ↓Mortgage spreads below 70 bps squeeze net interest margins