NORTHERN OIL AND GAS INC (NOG)

US6655313079 - Common Stock

40.19  +0.73 (+1.85%)

After market: 38.1011 -2.09 (-5.2%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to NOG. NOG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, NOG is a bad performer in the overall market: 72% of all stocks are doing better.
NOG has an average volume of 1370910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
NOG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 47% of 210 stocks in the same industry.
NOG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NOG is lagging the market slightly.
In the last month NOG has a been trading in the 37.12 - 42.65 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.
Weekly and Daily overview Charts
NOG Weekly chart
NOG Daily chart
Setup Rating and Analysis

3

NOG has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

34.94

43.99

We found 4 important support areas.

  • A support zone ranging from 39.00 to 39.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 37.91 to 38.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 36.75 to 36.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @35.29 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 42.99 to 43.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.53
Mansfield-0.76
10 Day High42.65
10 Day Low37.99
20 Day High42.65
20 Day Low37.12
52 Week High43.75
52 Week Low31.13
Performance
1 Week-2.73%
2 Weeks1.8%
1 Month6.63%
3 Month-7.12%
6 Month15.29%
12 Month1.57%
2 Year39.4%
3 Year132.72%
5 Year148.09%
10 Year-75.02%
15 Year-39.01%
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)54.66
LBB37.5
UBB42.39
NOG Daily chart

NORTHERN OIL AND GAS INC

NYSE:NOG (7/26/2024, 7:04:01 PM)

After market: 38.1011 -2.09 (-5.2%)

40.19

+0.73 (+1.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.85%
1 Week-2.73%
2 Weeks1.8%
1 Month6.63%
3 Month-7.12%
6 Month15.29%
12 Month1.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.12
ATR(20)%2.66%
ATR Inc
Range Today1.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High42.65
10 Day Low37.99
20 Day High42.65
20 Day Low37.12
52 Week High43.75
52 Week Low31.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.91M
Volume Incr20.15%
Vol(5)1.88M
Vol(50)1.37M