NISOURCE INC (NI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NI - US65473P1057 - Common Stock
Overall NI gets a technical rating of 3 out of 10. NI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
NI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 41.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
39.43
We found 2 important support areas.
- A support zone ranging from 40.64 to 41.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 41.62 to 42.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.33 to 44.18. 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 | NEUTRAL | NEUTRAL | The long term trend for NI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NI is neutral. |
| ChartMill Relative Strength | 54.91 | NEUTRAL | NI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NI is below a declining 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) | 45.63 | NEUTRAL | The RSI value for NI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.04 | NEUTRAL | The Stochastics value for NI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for NI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.66 | NEGATIVE | The low ADX value for NI suggests a weak or negative trend. |
41.54
-0.34 (-0.81%)
NISOURCE INC / NI FAQ
What is the ChartMill technical rating of NISOURCE INC (NI) stock?
ChartMill assigns a technical rating of 3 / 10 to NI.
What is the trend direction for NI stock?
The current trend direction for NISOURCE INC (NI) is Bearish.
What is the RSI signal for NI stock?
NISOURCE INC (NI) has an RSI value of 45.6299. This indicates that the stock is currently neutral.
What is the MACD signal for NI stock?
The MACD indicator for NISOURCE INC (NI) has a value of 0.0611498, indicating a bearish trend.
What is the support and resistance level for NI stock?
NISOURCE INC (NI) has a support level at 41.32 and a resistance level at 41.62. Check the full technical report for our detailed analysis of NI support and resistance levels.