RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NI
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Thursday for NiSource Inc stock after gaining 0.728%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 2.07% PDF

The NiSource Inc stock price gained 0.728% on the last trading day (Thursday, 28th Mar 2024), rising from $27.46 to $27.66. During the last trading day the stock fluctuated 1.19% from a day low at $27.40 to a day high of $27.72. The price has risen in 8 of the last 10 days and is up by 4.93% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 199 thousand more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately $106.59 million.

The stock lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $27.90 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 2.33% during the next 3 months and, with a 90% probability hold a price between $26.01 and $28.55 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

NI Signals & Forecast

The NiSource Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $27.19 and $26.40. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 08, 2024, and so far it has risen 10.38%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for NiSource Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $26.12 and $26.06. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, NiSource Inc finds support just below today's level at $26.12. If this is broken, then the next support from accumulated volume will be at $26.06 and $25.97.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.325 between high and low, or 1.19%. For the last week the stock has had daily average volatility of 1.20%.

Our recommended stop-loss: $26.63 (-3.74%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 34 days ago.)

Trading Expectations (NI) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect NiSource Inc to open at $27.59, and during the day (based on 14 day Average True Range), to move between $27.26 and $28.06, which gives a possible trading interval of +/-$0.402 (+/-1.45%) up or down from last closing price. If NiSource Inc takes out the full calculated possible swing range there will be an estimated 2.91% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $26.12, some $1.54 (5.57%) from the current price of $27.66, our system finds the risk reward attractive.

Is NiSource Inc stock A Buy?

NiSource Inc holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 5.646 Strong Buy Candidate Unchanged

Predicted Opening Price for NiSource Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$27.59 ( 0.247%) $27.66

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 27.92 0.93 %
R2 27.79 0.479 %
R1 27.72 0.202 %
Current price: 27.66
Support S1 27.47 -0.696 %
S2 27.39 -0.97 %
S3 27.27 -1.42 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 27.66
Support S1 26.12 -5.57%
S2 26.06 -5.78%
S3 25.97 -6.11%

NI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 29, 2024 Apr 29, 2024 May 20, 2024 $0.265 0.96%
2 Jan 25, 2024 Feb 05, 2024 Feb 20, 2024 $0.265 1.02%
3 Jan 25, 2024 Feb 02, 2024 Feb 20, 2024 $0.265 1.02%
4 Aug 07, 2023 Oct 30, 2023 Nov 20, 2023 $0.250 0.96%
5 May 23, 2023 Jul 28, 2023 Aug 18, 2023 $0.250 0.95%

FAQ

What is the symbol for NiSource Inc Stock and on which exchange is it traded?
The symbol for NiSource Inc is NI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell NiSource Inc Stock?
NiSource Inc holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy NiSource Inc Stock?
NiSource Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NiSource Inc Stock.

What's the current price of NiSource Inc Stock?
As of the end of day on the 2024-03-28, the price of an NiSource Inc (NI) share was $27.66.

What is the 52-week high and low for NiSource Inc Stock?
The 52-week high for NiSource Inc Stock is $28.95 and the 52-week low is $22.86.

What is the market capitalization of NiSource Inc Stock?
As of the 2024-03-28, the market capitalization of NiSource Inc is 12.379B.

When is the next earnings date for NiSource Inc?
The upcoming earnings date for NiSource Inc is May 01, 2024.
Click to get the best stock tips daily for free!

About NiSource Inc

NiSource NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland... NI Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT