NORTHERN OIL AND GAS INC (NOG)

US6655313079 - Common Stock

34.89  +0.45 (+1.31%)

After market: 34.89 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, NOG scores 0 out of 10 in our technical rating. NOG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
79% of all other stocks performed better in the past year than NOG.
NOG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
NOG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
NOG has an average volume of 1439780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NOG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 44% of 208 stocks in the same industry.
Weekly and Daily overview Charts
NOG Weekly chart
NOG Daily chart
Setup Rating and Analysis

4

NOG has a poor technical rating and the quality of the setup is also only medium 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

32.88

43.98

When analyzing the support we can see 2 important areas.

  • Support @34.02 from a trend line in the daily time frame.
  • Support @33.21 from a trend line in the weekly time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 34.90 to 35.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 38.53 to 38.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 39.79 to 39.86. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A resistance zone ranging from 42.99 to 43.54. 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
CRS21.91
Mansfield-1.84
10 Day High38.9
10 Day Low33.17
20 Day High40.67
20 Day Low33.17
52 Week High43.8
52 Week Low31.13
Performance
1 Week1.25%
2 Weeks-12.29%
1 Month-9.61%
3 Month-5.09%
6 Month-10.61%
12 Month-10.4%
2 Year27.29%
3 Year63.04%
5 Year78.01%
10 Year-75.46%
15 Year-58.46%
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)-0.35
RSI(14)37.46
LBB31.7
UBB41.38
NOG Daily chart

NORTHERN OIL AND GAS INC

NYSE:NOG (9/16/2024, 8:04:01 PM)

After market: 34.89 0 (0%)

34.89

+0.45 (+1.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.31%
1 Week1.25%
2 Weeks-12.29%
1 Month-9.61%
3 Month-5.09%
6 Month-10.61%
12 Month-10.4%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.09
ATR(20)%3.13%
ATR Inc
Range Today0.66
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 High38.9
10 Day Low33.17
20 Day High40.67
20 Day Low33.17
52 Week High43.8
52 Week Low31.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.27M
Volume Incr2.84%
Vol(5)1.20M
Vol(50)1.44M