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 NFG
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Stronger technical forecast for National Fuel Gas Company stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 15, 2024 Gain 3.21% PDF

The National Fuel Gas Company stock price gained 1.53% on the last trading day (Wednesday, 27th Mar 2024), rising from $52.18 to $52.98. During the last trading day the stock fluctuated 2.51% from a day low at $51.80 to a day high of $53.10. The price has risen in 7 of the last 10 days and is up by 2.5% 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, 251 thousand more shares were traded than the day before. In total, 756 thousand shares were bought and sold for approximately $40.07 million.

The stock lies in the upper part of a wide and 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 $53.45 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 5.39% during the next 3 months and, with a 90% probability hold a price between $49.84 and $56.33 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.

NFG Signals & Forecast

The National Fuel Gas Company 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 $52.30 and $49.94. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, February 05, 2024, and so far it has risen 15.98%. 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 National Fuel Gas Company stock

National Fuel Gas Company finds support from accumulated volume at $50.93 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.30 (2.51%) between high and low. For the last week, the stock has had daily average volatility of 1.55%.

Our recommended stop-loss: $51.03 (-3.68%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 36 days ago.)

Trading Expectations (NFG) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect National Fuel Gas Company to open at $52.63, and during the day (based on 14 day Average True Range), to move between $52.08 and $53.88, which gives a possible trading interval of +/-$0.90 (+/-1.69%) up or down from last closing price. If National Fuel Gas Company takes out the full calculated possible swing range there will be an estimated 3.39% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $50.93, some $2.05 (3.87%) from the current price of $52.98, our system finds the risk reward attractive.

Is National Fuel Gas Company stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for National Fuel Gas Company stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 4.966 Buy Candidate Upgraded

Predicted Opening Price for National Fuel Gas Company of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$52.63 ( 0.667%) $52.98

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

Trading levels for NFG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 53.93 1.79 %
R2 53.43 0.85 %
R1 53.12 0.270 %
Current price: 52.98
Support S1 52.13 -1.60 %
S2 51.82 -2.18 %
S3 51.33 -3.12 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 52.98
Support S1 50.93 -3.87%
S2 49.61 -6.36%
S3 48.78 -7.93%

NFG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 11, 2024 Mar 27, 2024 Apr 15, 2024 $0.495 0.93%
2 Dec 28, 2023 Dec 28, 2023 Jan 12, 2024 $0.495 0.98%
3 Sep 14, 2023 Sep 28, 2023 Oct 13, 2023 $0.495 0.92%
4 Jun 15, 2023 Jun 29, 2023 Jul 14, 2023 $0.495 0.98%
5 Mar 09, 2023 Mar 30, 2023 Apr 14, 2023 $0.475 0.85%

FAQ

What is the symbol for National Fuel Gas Company Stock and on which exchange is it traded?
The symbol for National Fuel Gas Company is NFG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell National Fuel Gas Company Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for National Fuel Gas Company stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of National Fuel Gas Company Stock?
As of the end of day on the 2024-03-27, the price of an National Fuel Gas Company (NFG) share was $52.98.

What is the 52-week high and low for National Fuel Gas Company Stock?
The 52-week high for National Fuel Gas Company Stock is $58.25 and the 52-week low is $45.40.

What is the market capitalization of National Fuel Gas Company Stock?
As of the 2024-03-27, the market capitalization of National Fuel Gas Company is 4.881B.

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

About National Fuel Gas Company

National Fuel Gas Company National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil in California and in the Appalachian region of the United States. As of September 30, 2021, it had proved developed and undeveloped reserves of 21,537 thousand barrels of oil an... NFG 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