NISOURCE INC (NI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NI - US65473P1057 - Common Stock
Taking everything into account, NI scores 3 out of 10 in our technical rating. Although NI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NI has a poor technical rating and the quality of the setup is also not perfect 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.
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38.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 40.66 to 41.70. 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 39.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 41.87 to 44.18. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for NI is down. |
| ChartMill Relative Strength | 70.78 | POSITIVE | NI has a high relative strength, it outperformed 70.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NI is below a declining 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) | 44.24 | NEUTRAL | The RSI value for NI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests NI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.49 | OVERSOLD | The low Stochastics value suggests NI may be oversold. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for NI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.55 | NEGATIVE | The low ADX value for NI suggests a weak or negative trend. |
41.83
+0.42 (+1.01%)
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.
Can you provide the trend direction for NISOURCE INC?
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 44.2409. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NISOURCE INC?
The short term momentum for NISOURCE INC (NI) is negative.
Can you provide the support and resistance levels for NISOURCE INC?
NISOURCE INC (NI) has a support level at 41.7 and a resistance level at 41.87. Check the full technical report for our detailed analysis of NI support and resistance levels.