NatWest Group (NWG) Is Up 5.26% in One Week: What You Should Know

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Company Overview: NatWest Group (NWG) - NatWest Group currently holds a Momentum Style Score of B, indicating a favorable position in momentum investing [3] - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4] Performance Metrics - Over the past week, NWG shares increased by 5.26%, significantly outperforming the Zacks Banks - Foreign industry, which rose by only 0.17% [6] - In a longer timeframe, NWG shares have appreciated by 11.07% over the past month, compared to the industry's 5.62% [6] - Over the last quarter, NWG shares rose by 15.88%, and over the past year, they gained an impressive 98.03%, while the S&P 500 saw movements of -0.72% and 18.98%, respectively [7] Trading Volume - The average 20-day trading volume for NWG is 3,464,793 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for NWG has increased, while none have decreased, raising the consensus estimate from $1.35 to $1.42 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10] Conclusion - Considering the positive performance metrics and earnings outlook, NWG is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [12]