NISOURCE INC (NI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NI - US65473P1057 - Common Stock
Taking everything into account, NI scores 5 out of 10 in our technical rating. In the last year, NI was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, NI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 42.76, a Stop Loss order could be placed below this zone.
More info and screens
36.84
4 important support areas can be observed.
- A support zone ranging from 41.93 to 42.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.10 to 40.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 38.96 to 39.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @37.21 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 42.99 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 | UP | POSITIVE | The long term trend for NI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NI is down. |
| ChartMill Relative Strength | 72.83 | POSITIVE | NI has a high relative strength, it outperformed 72.83% 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) | 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) | 47.54 | NEUTRAL | The RSI value for NI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests NI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.94 | NEUTRAL | The Stochastics value for NI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for NI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.54 | NEGATIVE | The low ADX value for NI suggests a weak or negative trend. |
42.78
+0.38 (+0.9%)
NISOURCE INC / NI FAQ
What is the ChartMill technical rating of NISOURCE INC (NI) stock?
ChartMill assigns a technical rating of 5 / 10 to NI.
Can you provide the trend direction for NISOURCE INC?
The current trend direction for NISOURCE INC (NI) is Bullish.
What is the RSI signal for NI stock?
NISOURCE INC (NI) has an RSI value of 47.5406. 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 42.76 and a resistance level at 42.99. Check the full technical report for our detailed analysis of NI support and resistance levels.