NISOURCE INC (NI) Stock Technical Analysis
USA - NYSE:NI - US65473P1057 - Common Stock
42.57 USD
+0.75 (+1.79%)
42.57 USD
0 (0%)
Taking everything into account, NI scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NI did better than 75% of all other stocks. On top of that, NI also shows a nice and consistent pattern of rising prices.
NI is part of the Multi-Utilities industry. There are 25 other stocks in this industry. NI outperforms 95% of them.
NI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NI is lagging the market slightly.
In the last month NI has a been trading in the 38.45 - 42.58 range, which is quite wide. It is currently trading near the high of this range.
NI has an average volume of 4452430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although NI has an excellent technical rating, it does not offer a high quality setup 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
36.84
43.77
We found 4 important support areas.
- A support zone ranging from 40.96 to 41.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.96 to 40.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @38.11 from a horizontal line in the daily time frame.
- Support @37.21 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.95 to 43.34. 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 NI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NI is up. |
| ChartMill Relative Strength | 75.92 | POSITIVE | NI has a high relative strength, it outperformed 75.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.84 | NEUTRAL | The RSI value for NI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests NI has a positive trend. |
| Stochastics (14,3) | 91.27 | OVERBOUGHT | The high Stochastics value suggests NI may be overbought. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for NI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.79 | NEUTRAL | The ADX value for NI suggests a possible start of a new 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)
42.57
+0.75 (+1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg1.79%
1 Week5.58%
2 Weeks3.8%
1 Month1.02%
3 Month6.5%
6 Month6.64%
12 Month23.82%
2 Year72.49%
3 Year69%
5 Year93.5%
10 Year129.49%
15 Year522.65%
Volatility
ATR(14)0.78
ATR(20)%2.07%
ATR Inc0%
Range Today0.71
ADR(20)0.87
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.92
Mansfield-0.11
10 Day High42.58
10 Day Low39.3
20 Day High42.58
20 Day Low38.45
52 Week High43.51
52 Week Low33.65
CS1 End41.74
CR1 Start42.95
Volume & EV
DER(3)3.79%
DER(5)1.8%
Volume4.26M
Volume Incr31.8%
Vol(5)5.99M
Vol(50)4.45M