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NOG Technical Analysis

Northern Oil and Gas Inc
$
23.400
-2.560(-9.860%)

NOG Technical Signal Analysis

NOG have 4 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-03-26. The total price change during this trend is -24.57%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of NOG over last 5 trading day is $65,393,921.01

4 Bullish Signal

vs

4 Bearish Signal

Name

Signal

Value

Meaning

Relative Strength Index (14 days)

RSI_14 < 30

23.01

Bullish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 < -100

-306.76

Bullish

Williams %R (14 days)

WILLR_14 < -80

-97.63

Bullish

Ultimate Oscillator (7, 14, 28)

UO_7_14_28 < 30

29.54

Bullish

Name

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 < 0

-2.06

Bearish

Momentum (10 days)

MOM_10 < 0

-6.77

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-1.23

Bearish

Closing price

close < fibonacci_S1

23.35

Bearish

NOG Support and Resistance Level

The support levels for NOG are at 24.8, 22.81, and 19.58, while the resistance levels are at 31.25, 33.25, and 36.47. With the current stock price at 23.4, it is leaning more toward the support levels.

NOG Technical Analysis

Technical Analysis of NOG Stock

Price Overview

As of the latest data, NOG is trading at $29.39, with a high of $29.46 and a low of $28.505 during the session. The stock closed with a +3.74% gain on the day, showing strong momentum.

Technical Indicators

  • RSI (14): 38.00 (oversold territory, potential buy signal).
  • MACD: -2.09 (slightly bearish but showing bullish divergence).
  • Stochastic Oscillator: 30.71/23.52 (oversold, indicating a potential reversal).

Fibonacci Levels

  • Pivot Point: $28.82
  • Resistance Levels: $30.83 (R1), $32.07 (R2)
  • Support Levels: $26.82 (S1), $25.58 (S2)

Insider Activity

Recent insider buying activity, including purchases by directors totaling over $1.6 million, suggests confidence in the stock's future prospects.

Recommendation

Based on the oversold RSI, bullish divergence in MACD, and insider buying activity, the stock is poised for a rebound.

Buy NOG at $29.39, targeting the upper Fibonacci resistance levels for potential upside.

NOG FAQs

Which bull technical signals does NOG have?

Bullish technical signals of NOG include: RSI_14 < 30, CCI_20_0.015 < -100, WILLR_14 < -80, UO_7_14_28 < 30.

Which bearish technical signals does NOG have?

How reliable is technical analysis?

How can I use moving averages to set entry and exit points for NOG stock?

Is NOG a buy based on overall technical signals summary?

NOG Buy or Sell

NOG has 4 buy signals and 4 sell signals now. Overall the technical rating for NOG is Neutral.

StrongSellSellNeutralBuyStrongBuy
Neutral
Sell
4
Buy
4

NOG Moving Average

This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 23.4 below the SMA_5. In the short term, the stock shows a negative trend with the 28 below the SMA_20. In the mid term, the stock shows a negative trend with the 29.34 below the SMA_60. In the long term, the stock shows a negative trend with the 33.53 below the SMA_200.

Swing

Negative

Stock Price Below SMA_5

Short Term

Negative

SMA_5 Below SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Negative

SMA_60 Below SMA_200

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