What Does MACD Oscillator Analysis predict about NiSource Inc. (NYSE:NI)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of NiSource Inc. (NYSE:NI) for the period of 9-Day stands at 85.94% while the stochastic %D for the same period stands at 89.46%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of NiSource Inc. (NYSE:NI) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for NiSource Inc. (NYSE:NI) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently NiSource Inc. (NYSE:NI)’s 20-Day Bollinger Band indicates “Hold”.

About Company

NiSource Inc. is one of the largest fully-regulated utility companies in the United States, serving approximately 3.5 million natural gas customers and 500,000 electric customers across seven states through its local Columbia Gas and NIPSCO brands. Based in Merrillville, Indiana, NiSource’s more than 7,000 employees are focused on safely delivering reliable and affordable energy to their customers and communities they serve. NiSource has been designated a World’s Most Ethical Company by the Ethisphere Institute since 2012 and is a member of the Dow Jones Sustainability – North America Index.

Previous Day Activity Analysis

On the last trading day, NiSource Inc. (NYSE:NI) opened the session at $27.36 and after going down -1.16% closed at $27.2. The stock lost -0.16 points in the last trade.

NiSource Inc. (NYSE:NI)’s stock fluctuated in the range of $27.09 and $27.45 during the previous active session. NiSource Inc. (NYSE:NI) traded with the volume of 1.7 Million with average volume of 1.96 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0.31 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.37 and 57.41 respectively.

Currently the Insider Ownership of the shares of NiSource Inc. (NYSE:NI) is at 0.4% and the shares outstanding are 340.76 Million.

Important Ratio Analysis

Some important ratios to consider here for NiSource Inc. (NYSE:NI) are discussed below:

Dividend yield of NiSource Inc. (NYSE:NI) stands at 2.57% whereas Price to Earnings P/E ratio stands at 32.81 while Forward P/E shows the value of 21.23.

The PEG ratio (Price to Earning to Growth) emits the value of 4.29. The Price to Sale P/S and Price to Book P/B shows the value of 1.93 and 2.06 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 480.24 and 19.8 correspondingly.

The Quick Ratio of NiSource Inc. (NYSE:NI) stands at 0.3 while the Current Ratio depicts the value of 0.5.

Return on Assets ROA of NiSource Inc. (NYSE:NI) is at 1.4% whereas, Return on Equity ROE and Return of Investment ROI of NiSource Inc. (NYSE:NI) stand at 6.4% and 5.6% respectively.

The payout ratio of NiSource Inc. (NYSE:NI) stands at 82.8%.

Stock Performance Analysis

The stock performance of NiSource Inc. (NYSE:NI) on the basis of 5 day trade show the dip of -0.48% whereas, the monthly performance of the stock shows increase of 2.37%.

The quarterly performance of the stock remained in green zone with the value of 2.1% while six month performance of the shares of NiSource Inc. (NYSE:NI) remained bullish with the count of 10.93%.

The yearly and YTD performance of NiSource Inc. (NYSE:NI) remained up at 26.34% and 22.85% respectively.