NISOURCE INC (NI) Stock Technical Analysis
NYSE:NI - US65473P1057 - Common Stock
40.33 USD
+0.5 (+1.26%)
40.2001 USD
-0.13 (-0.32%)
Overall NI gets a technical rating of 2 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 is part of the Multi-Utilities industry. There are 25 other stocks in this industry. NI outperforms 87% of them.
NI has an average volume of 4290820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, NI outperforms 66% of them, which is more or less in line with the market.
NI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NI is lagging the market.
In the last month NI has a been trading in the 38.45 - 43.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of NI is bad and it also does not present a 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
36.73
43.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 38.96 to 39.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.11 to 38.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 37.10 to 37.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 41.14 to 42.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 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 | 66.12 | NEUTRAL | NI is not amongst the best or worst performers 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) | UP | MIXED | The current price of NI is below 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) | 37.35 | NEUTRAL | The RSI value for NI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests NI has a negative trend. |
| Stochastics (14,3) | 28.34 | NEUTRAL | The Stochastics value for NI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for NI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.15 | NEGATIVE | The low ADX value for NI 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)
40.33
+0.5 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg1.26%
1 Week-4.3%
2 Weeks-4.63%
1 Month-4.81%
3 Month2.67%
6 Month4.75%
12 Month21.48%
2 Year63.41%
3 Year60.1%
5 Year83.32%
10 Year117.41%
15 Year489.89%
Volatility
ATR(14)0.78
ATR(20)%1.8%
ATR Inc331.31%
Range Today1.19
ADR(20)0.72
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.12
Mansfield-0.4
10 Day High43
10 Day Low38.45
20 Day High43
20 Day Low38.45
52 Week High43.51
52 Week Low33.03
CS1 End39.47
CR1 Start41.14
Volume & EV
DER(3)1.39%
DER(5)1.58%
Volume10.09M
Volume Incr71.72%
Vol(5)6.57M
Vol(50)4.29M