To predict the stock price of National Fuel Gas Company (NFG) for the next trading week, we analyze both technical indicators and recent news sentiment.
Price Trend: NFG is currently trading at $74.49, with a 20-day moving average of $73.35 and a 50-day moving average of $67.49. The stock has shown a steady upward trend over the past few weeks.
RSI: The 14-day RSI is at 61.71, indicating a neutral position, neither overbought nor oversold.
MACD: The MACD line is above the signal line (1.46 vs. -0.24), suggesting bullish momentum.
Bollinger Bands: The stock is trading near the upper Bollinger Band (76.55), indicating potential resistance.
Fibonacci Levels: The Fibonacci pivot is at 74.28, with resistance levels at 75.78 and 76.70.
Earnings Estimates: NFG has seen a 8.7% increase in current-year earnings estimates over the last 60 days, reflecting positive analyst sentiment.
Dividend Yield: The stock offers a 2.9% dividend yield, higher than the industry average of 2.3%, making it attractive for income investors.
Market Position: NFG is well-positioned to benefit from favorable energy policies and its vertically integrated business model.
Based on the technical indicators and positive news sentiment, NFG is expected to trade around $76.20 in the next trading week. The stock may face resistance at $76.55, but the overall trend remains bullish.
Buy NFG with a target price of $76.20. Consider taking profits near the Fibonacci resistance level of $76.70.
The price of NFG is predicted to go up 20.11%, based on the high correlation periods with HRTX. The similarity of these two price pattern on the periods is 97.52%.
NFG
HRTX
JP Morgan
2025-03-13
Price Target
$77 → $81
Upside
+8.49%