National Fuel Gas Co (NFG) Trading Report

Longer Term Trading Plans for NFG
  • Buy NFG slightly over 64.32 target 69.98 stop loss @ 64.13 Details
  • The technical summary data tells us to buy NFG near 64.32 with an upside target of 69.98. This data also tells us to set a stop loss @ 64.13 to protect against excessive loss in case the stock begins to move against the trade. 64.32 is the first level of support below 65.15 , and by rule, any test of support is a buy signal. In this case, support 64.32 would be being tested, so a buy signal would exist.

  • Short NFG slightly under 69.98, target 64.32, stop loss @ 70.18 Details
  • The technical summary data is suggesting a short of NFG as it gets near 69.98 with a downside target of 64.32. We should have a stop loss in place at 70.18though. 69.98 is the first level of resistance above 65.15, and by rule, any test of resistance is a short signal. In this case, if resistance 69.98 is being tested, so a short signal would exist.

Swing Trading Plans for NFG
  • Buy NFG slightly over 69.98, target 75.66, Stop Loss @ 69.78 Details
  • If 69.98 begins to break higher, the technical summary data tells us to buy NFG just slightly over 69.98, with an upside target of 75.66. The data also tells us to set a stop loss @ 69.78 in case the stock turns against the trade. 69.98 is the first level of resistance above 65.15, and by rule, any break above resistance is a buy signal. In this case, 69.98, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short NFG slightly near 69.98, target 65.07, Stop Loss @ 70.18. Details
  • The technical summary data is suggesting a short of NFG if it tests 69.98 with a downside target of 65.07. We should have a stop loss in place at 70.18 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 69.98, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for NFG
  • Buy NFG slightly over 65.87, target 69.98, Stop Loss @ 65.72 Details
  • If 65.87 begins to break higher, the technical summary data tells us to buy NFG just slightly over 65.87, with an upside target of 69.98. The data also tells us to set a stop loss @ 65.72 in case the stock turns against the trade. 65.87 is the first level of resistance above 65.15, and by rule, any break above resistance is a buy signal. In this case, 65.87, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short NFG slightly near 65.87, target 65.07, Stop Loss @ 66.02. Details
  • The technical summary data is suggesting a short of NFG if it tests 65.87 with a downside target of 65.07. We should have a stop loss in place at 66.02 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 65.87, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

NFG Ratings for November 24:

Term →Near Mid Long
Rating Neutral Weak Strong
P1 0 0 64.32
P2 64.71 63.15 69.98
P3 65.87 65.07 75.66
Triggers may have already come
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Price Based + Macro = Get an Edge on the Competition
  • Price matters most to making good timing decisions, and the MACRO picture defines how restrictive you need to be with entry levels. Together, these are powerful.

  • Review our Global Liquidity Report from December 2021 to see how our Macro work can foretell future market conditions. Look for the word “Volatility.”

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Chart of NFG with Longer Term Pivots

Blue = Current Price
Red= Resistance
Green = Support


NFG Long Term Analysis for November 24 2022

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in National Fuel Gas Co (NYSE: NFG) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for NFG change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if NFG is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for NFG too.  All of these are offered below the Summary Table.

Graph of Evitar Corte vs S&P 500

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