Northern Oil And Gas Stock Forecast

Sell candidate since May 21, 2025 Loss -0.22%

The Northern Oil and Gas stock price fell by -0.223% on the last day (Thursday, 22nd May 2025) from $26.90 to $26.84. It has now fallen 6 days in a row. During the last trading day the stock fluctuated 4.55% from a day low at $25.84 to a day high of $27.02. The price has fallen in 6 of the last 10 days but is still up by 2.05% over the past 2 weeks. Volume has increased on the last day by 192 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately $32.78 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -14.76% during the next 3 months and, with a 90% probability hold a price between $15.40 and $24.99 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

NOG Signals & Forecast

The Northern Oil and Gas stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $28.11. On a fall, the stock will find some support from the long-term average at approximately $25.05. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, May 14, 2025, and so far it has fallen -9.96%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Northern Oil and Gas stock

On the downside, the stock finds support just below today's level from accumulated volume at $24.30 and $23.40. 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, Northern Oil and Gas finds support just below today's level at $24.30. If this is broken, then the next support from accumulated volume will be at $23.40 and $22.54.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.18 between high and low, or 4.55%. For the last week, the stock has had daily average volatility of 3.07%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (NOG) For The Upcoming Trading Day Of Friday 23rd

For the upcoming trading day on Friday, 23rd we expect Northern Oil and Gas, Inc to open at $26.57, and during the day (based on 14 day Average True Range), to move between $25.60 and $28.08, which gives a possible trading interval of +/-$1.24 (+/-4.62%) up or down from last closing price. If Northern Oil and Gas, Inc takes out the full calculated possible swing range there will be an estimated 9.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $27.61 (2.87%) than the support at $24.30 (9.46%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Dividend Warning For NOG

Dividend coming up for NOG: Ex-dividend date (Friday 27th June, 2025) is 35 days away. The dividend is $0.450.

Is Northern Oil and Gas, Inc stock A Buy?

Northern Oil and Gas holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.528 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on May 23, 2025 - $26.57 ( 1.02%).