NATIONAL FUEL GAS CO (NFG) Technical Analysis
NYSE:NFG • US6361801011
Current stock price
NFG Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to NFG. 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 81% of all stocks.
- NFG is part of the Gas Utilities industry. There are 15 other stocks in this industry. NFG outperforms 92% of them.
- NFG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NFG is performing more or less in line with the market.
- In the last month NFG has a been trading in the 86.07 - 97.06 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Volume is considerably higher in the last couple of days.
NFG Weekly and Daily overview Charts
NFG Setup Rating and Analysis
NFG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 93.59, a Stop Loss order could be placed below this zone.
More info and screens
NFG Support and Resistance Analysis
77.21
When analyzing the support we can see 4 important areas.
- A support zone ranging from 91.70 to 93.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @86.01 from a horizontal line in the daily time frame.
- Support @82.06 from a trend line in the weekly time frame.
- A support zone ranging from 77.99 to 79.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
NFG Technical Indicator Signal Analysis
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 | 81.15 | POSITIVE | NFG has a high relative strength, it outperformed 81.15% 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) | 61.83 | NEUTRAL | The RSI value for NFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests NFG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.65 | NEUTRAL | The Stochastics value for NFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for NFG suggests some volalility. |
| Average Directional Index/ADX (14) | 39.34 | POSITIVE | The high ADX value value for NFG suggests a strong trend. |
NFG Chart- and CandleStick Pattern Analysis
NFG Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 97.07 | 91.69 | 5.38 (5.54%) | 18.04% |
| An entry @97.07. This is a Buy Stop order right above the 10 day high. | An exit @91.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.38 points, which is 5.54%. | For a 1.00% total portfolio risk, you can invest 18.04% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NFG Technicals: Chart, Performance Metrics, Trend & Indicators
94.78
+1.72 (+1.85%)
NATIONAL FUEL GAS CO / NFG TA FAQ
What is the ChartMill technical rating of NATIONAL FUEL GAS CO (NFG) stock?
ChartMill assigns a technical rating of 10 / 10 to NFG.
What is the trend direction for NFG stock?
The current trend direction for NATIONAL FUEL GAS CO (NFG) is Bullish.
What is the RSI signal for NFG stock?
NATIONAL FUEL GAS CO (NFG) has an RSI value of 61.8267. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NATIONAL FUEL GAS CO?
The short term momentum for NATIONAL FUEL GAS CO (NFG) is positive.
What is the support and resistance level for NFG stock?
NATIONAL FUEL GAS CO (NFG) has a support level at 93.59. Check the full technical report for our detailed analysis of NFG support and resistance levels.