NFG has bounced from a strong support level. There is bullish RSI divergence. Bearish Squeeze Momentum is nearly over. NFG may fall a couple of days before rising again and going up to 60 in its next uptrend cycle.
National Fuel Gas Co l is a diversified energy organization headquartered in Western New York that operates an integrated collection of natural gas and oil assets across four business segments: exploration and production, pipeline and storage, gathering, and utility.
The stock is in a confirmed uptrend and has formed a cup & handle with a buy point at...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on March 25, 2022 with a closing price of...
This is one of the most bearish charts I've seen in a while. If this chart won't see a bear trend in the year coming, it will be a huge surprise. Working up from the monthly to the daily, this looks bearish. Monthly here
A look at the weekly, and it looks even more bearish. Double bearish divergence on the MACD lines, with 3 consecutive false breakouts over the...
CORRELATION :70% (acceptable)
CO -INTEGRATION : 0.61 ( acceptable
long NFG @ 55.21
short EGN @ 52.38
Should be a interesting trade. Not particularly happy with the co -integration, but it meets my criteria to enter a trade.
