NATIONAL FUEL GAS CO (NFG) Stock Technical Analysis
NYSE:NFG - New York Stock Exchange, Inc. - US6361801011 - Common Stock - Currency: USD
Overall NFG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NFG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that NFG is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, NFG also shows a nice and consistent pattern of rising prices.
NFG is part of the Gas Utilities industry. There are 14 other stocks in this industry. NFG outperforms 100% of them.
NFG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NFG is leading the market.
In the last month NFG has a been trading in the 75.73 - 83.35 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
NFG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
58.05
83.30
We found 6 important support areas.
- A support zone ranging from 77.95 to 79.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.24 from a trend line in the daily time frame.
- A support zone ranging from 73.00 to 73.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @71.83 from a horizontal line in the daily time frame.
- Support @66.21 from a trend line in the weekly time frame.
- Support @58.64 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 82.44 to 82.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NFG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NFG is up. |
| ChartMill Relative Strength | 92.81 | POSITIVE | NFG has a high relative strength, it outperformed 92.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NFG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NFG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NFG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.39 | NEUTRAL | The RSI value for NFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NFG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.5 | NEUTRAL | The Stochastics value for NFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for NFG suggests some volalility. |
| Average Directional Index/ADX (14) | 11.49 | NEGATIVE | The low ADX value for NFG suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
82.42
+1.87 (+2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg2.32%
1 Week1.48%
2 Weeks0.49%
1 Month5.8%
3 Month13.4%
6 Month28.32%
12 Month48.75%
2 Year61.89%
3 Year12.09%
5 Year96.38%
10 Year28.28%
15 Year69.59%
Volatility
ATR(14)1.38
ATR(20)%2.04%
ATR Inc15.19%
Range Today1.67
ADR(20)1.62
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.81
Mansfield2.38
10 Day High82.73
10 Day Low78.23
20 Day High83.35
20 Day Low75.73
52 Week High83.35
52 Week Low53.03
CS1 End79.14
CR1 Start82.44
Volume & EV
DER(3)-0.07%
DER(5)0.99%
Volume480.30K
Volume Incr-41.02%
Vol(5)400.12K
Vol(50)678.60K