NISOURCE INC - NI 7 3/4 03/01/24 (NIMC) Stock Technical Analysis
USA - NYSE:NIMC - US65473P1214
Overall NIMC gets a technical rating of 3 out of 10. NIMC 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.
The technical rating of NIMC 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
96.48
We found 1 important support area.
- A support zone ranging from 97.45 to 98.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 100.56 to 106.20. 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 NIMC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NIMC is neutral. |
| ChartMill Relative Strength | 40.13 | NEUTRAL | NIMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NIMC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NIMC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NIMC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.04 | NEUTRAL | The RSI value for NIMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests NIMC has a negative trend. |
| Stochastics (14,3) | 24.02 | NEUTRAL | The Stochastics value for NIMC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for NIMC suggests low volalility. |
| Average Directional Index/ADX (14) | 26.81 | POSITIVE | The high ADX value value for NIMC suggests a strong trend. |
NISOURCE INC - NI 7 3/4 03/01/24
NYSE:NIMC (11/30/2023, 8:14:03 PM)
After market: 100.11 +0.42 (+0.42%)99.69
-1.62 (-1.6%)
NISOURCE INC - NI 7 3/4 03/01/24 / NIMC FAQ
What is the ChartMill technical rating of NISOURCE INC - NI 7 3/4 03/01/24 (NIMC) stock?
ChartMill assigns a technical rating of 3 / 10 to NIMC.
What is the current trend direction of NISOURCE INC - NI 7 3/4 03/01/24 (NIMC) stock?
The current trend direction for NISOURCE INC - NI 7 3/4 03/01/24 (NIMC) is Bearish.
What is the RSI signal for NIMC stock?
NISOURCE INC - NI 7 3/4 03/01/24 (NIMC) has an RSI value of 39.0391. This indicates that the stock is currently neutral.
What is the MACD signal for NIMC stock?
The MACD indicator for NISOURCE INC - NI 7 3/4 03/01/24 (NIMC) has a value of -0.353875, indicating a bearish trend.