Technical Analysis for NOG - Northern Oil and Gas, Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 39.97 | -0.65% | -0.26 |
NOG closed up 0.22 percent on Wednesday, May 15, 2024, on 75 percent of normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: May 23
*** please verify all earnings dates ***| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 50 DMA Support | Bullish | -0.65% | |
| Hammer Candlestick | Bullish | -0.65% | |
| Multiple of Ten Bullish | Other | -0.65% | |
| Outside Day | Range Expansion | -0.65% | |
| Oversold Stochastic | Weakness | -0.65% | |
| Bullish Engulfing | Bullish | -0.42% | |
| Crossed Above 50 DMA | Bullish | -0.42% | |
| Multiple of Ten Bullish | Other | -0.42% | |
| Oversold Stochastic | Weakness | -0.42% | |
| 50 DMA Resistance | Bearish | 0.88% |
| Alert | Time |
|---|---|
| Down 1% | about 2 hours ago |
| Fell Below 50 DMA | about 2 hours ago |
| Down 2 % | 1 day ago |
| Fell Below Previous Day's Low | 1 day ago |
| 50 DMA Resistance | 1 day ago |
Get a Trading Assistant
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
- Earnings date: 05/23/2024
Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and natural gas properties in North Dakota and Montana. It primarily holds interest in the Bakken and Three Forks formations in the Williston Basin of the United States. As of December 31, 2012, the company owned working interests in 1,227 gross producing wells comprising 1,222 wells targeting the Bakken and Three Forks formations; and 5 exploratory wells targeting other formations. It also had proved reserves of 67.6 million barrels of oil equivalent. Northern Oil and Gas, Inc. is based in Wayzata, Minnesota.
Sector: Energy
Industry: Oil & Gas E&P
Keywords: Petroleum Industry Crude Oil Petroleum Natural Gas Properties Bakken Williston Basin Bakken Formation Sedimentary Rocks Wayzata
Classification
Sector: Energy
Industry: Oil & Gas E&P
Keywords: Petroleum Industry Crude Oil Petroleum Natural Gas Properties Bakken Williston Basin Bakken Formation Sedimentary Rocks Wayzata
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 43.75 |
| 52 Week Low | 28.3756 |
| Average Volume | 1,265,250 |
| 200-Day Moving Average | 37.76 |
| 50-Day Moving Average | 40.18 |
| 20-Day Moving Average | 41.30 |
| 10-Day Moving Average | 40.24 |
| Average True Range | 0.96 |
| RSI (14) | 45.95 |
| ADX | 31.09 |
| +DI | 14.40 |
| -DI | 24.83 |
| Chandelier Exit (Long, 3 ATRs) | 40.88 |
| Chandelier Exit (Short, 3 ATRs) | 42.09 |
| Upper Bollinger Bands | 44.04 |
| Lower Bollinger Band | 38.57 |
| Percent B (%b) | 0.3 |
| BandWidth | 13.25 |
| MACD Line | -0.18 |
| MACD Signal Line | 0.10 |
| MACD Histogram | -0.2815 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 41.78 | ||||
| Resistance 3 (R3) | 41.62 | 40.93 | 41.52 | ||
| Resistance 2 (R2) | 40.93 | 40.54 | 41.02 | 41.44 | |
| Resistance 1 (R1) | 40.58 | 40.29 | 40.76 | 40.75 | 41.35 |
| Pivot Point | 39.90 | 39.90 | 39.99 | 39.98 | 39.90 |
| Support 1 (S1) | 39.55 | 39.50 | 39.72 | 39.71 | 39.11 |
| Support 2 (S2) | 38.86 | 39.26 | 38.95 | 39.02 | |
| Support 3 (S3) | 38.51 | 38.86 | 38.94 | ||
| Support 4 (S4) | 38.68 |
