RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NOG.L
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Northern Oil and Gas, Inc stock price ended at £5.90 on Wednesday, after losing 0%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 PDF

No changes to the price of Northern Oil and Gas, Inc stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0% from a day low at £5.90 to a day high of £5.90. The price has fallen in 5 of the last 10 days and is down by -11.94% for this period.

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 -40.12% during the next 3 months and, with a 90% probability hold a price between £2.79 and £4.11 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.

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NOG.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Northern Oil and Gas, Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £5.94 and £6.74. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

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

Northern Oil and Gas, Inc finds support from accumulated volume at £5.75 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved £0 between high and low, or 0%. For the last week the stock has had daily average volatility of 6.10%

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

Trading Expectations (NOG.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Northern Oil and Gas, Inc to open at £5.90, and during the day (based on 14 day Average True Range), to move between £5.35 and £6.45, which gives a possible trading interval of +/-£0.551 (+/-9.33%) 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 18.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £5.75 (2.54%) than the resistance at £6.70 (13.56%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Northern Oil and Gas, Inc stock A Buy?

Northern Oil and Gas, Inc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.384 Sell Candidate Unchanged

Predicted Opening Price for Northern Oil and Gas, Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£5.90 ( 0.00000000%) £5.90

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

Trading levels for NOG.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.90 0.00000000 %
R2 5.90 0.00000000 %
R1 5.90 0.00000000 %
Current price: 5.90
Support S1 5.90 0.00000000 %
S2 5.90 0.00000000 %
S3 5.90 0.00000000 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 7.30 23.73 %
R2 7.00 18.64 %
R1 6.70 13.56 %
Current price 5.90
Support S1 5.75 -2.54%
S2 0 .
S3 0 .

NOG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 25, 2015 Jun 04, 2015 Jun 26, 2015 £174.16 3.03%
2 May 28, 2014 May 28, 2014 May 28, 2014 £29.75 0.0030%
3 Jul 17, 2013 Jul 17, 2013 Jul 17, 2013 £340.00 0.0316%
4 Sep 28, 2012 Sep 28, 2012 Sep 28, 2012 £320.00 0.0396%

FAQ

What is the symbol for Northern Oil and Gas, Inc Stock and on which exchange is it traded?
The symbol for Northern Oil and Gas, Inc is NOG.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Northern Oil and Gas, Inc Stock?
Northern Oil and Gas, Inc holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Northern Oil and Gas, Inc Stock?
Northern Oil and Gas, 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 Northern Oil and Gas, Inc Stock.

What's the current price of Northern Oil and Gas, Inc Stock?
As of the end of day on the 2024-03-27, the price of an Northern Oil and Gas, Inc (NOG.L) share was £5.90.

What is the 52-week high and low for Northern Oil and Gas, Inc Stock?
The 52-week high for Northern Oil and Gas, Inc Stock is £14.50 and the 52-week low is £5.60.

What is the market capitalization of Northern Oil and Gas, Inc Stock?
As of the 2024-03-27, the market capitalization of Northern Oil and Gas, Inc is 9.466M.

When is the next earnings date for Northern Oil and Gas, Inc?
The upcoming earnings date for Northern Oil and Gas, Inc is Apr 19, 2024.
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About Northern Oil and Gas, Inc

Northern Oil and Gas Nostrum Oil & Gas PLC, an independent oil and gas company, engages in the exploration, development, and production of oil and gas in the pre-Caspian Basin. The company discovers and develops oil and gas reserves, as well as produces and sells crude oil, stabilized condensate, liquefied petroleum gas, and dry gas. Its principal producing asset is 100% owned Chinarevskoye field located in North-western Kazakhstan. As of December 31, 2021, the compa... NOG.L Profile

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