Disclaimer Statement

Updated:

Author: Engineer USC

NI Stock Forecast & NiSource Chart Analysis

This article provides a detailed analysis of NI-NiSource Inc. stock including a forecast for NI shares. It features NiSource Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

NI Historical Data Review

NI Current Price Performance Analysis

The NiSource - NI stock traded on the American stock market, on 06-05-2024, closed at 28.73$ with a %-1.31 decreased compared to the previous day.

In the last month, the price of NI changed by %-0.10 decreased in value, from 28.76 dollars on 05-06-2024 to 28.73 dollars, decreased.

Last year, the price of NI was 26.96 dollars on 06-06-2023, and changed by %6.57 increased in value, to 28.73 dollars increased within a year.

The price of NiSource stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

NI with AI Stock Forecast & Price Target

NI stock forecast NiSource price target

On the NI chart NiSource price was recorded as 28.73 Dollars on 06/05/2024.

The artificial intelligence's forecast on NI stock is as follows.

The artificial intelligence's prediction error margin for NI stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for NiSource stock over the next 4 months is: 27.0 Dollars.

The commentary on NI stock Target Price: Highest: 29.264 Dollars is predicted.

The commentary on NI stock Target Price: Lowest: 25.654 Dollars is predicted.

Resistance Price where NiSource stock will Rise and Fall:

Date Price Prediction
06-20-2024 29.264
09-03-2024 27.253
10-03-2024 27.186
12-12-2024 27.643
02-20-2025 27.082

Support Price where NiSource stock will Fall and Rise:

Date Price Prediction
08-09-2024 26.882
09-18-2024 27.121
11-07-2024 26.596
01-16-2025 26.018
03-27-2025 25.654

The commentary on NI stock: Fluctuations in the target price can be expected in the coming days.

The target price for NiSource stock by the end of 2024 is predicted to be 26.936 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on NI stock, and the 2024 target price predictions for NiSource are detailed above.

The technical analysis and charts for the commentary on NI stock are below.

NI Support & Resistance and Trend Analysis

NI review NiSource Inc. technical analysis trend chart NI priceNI stock support and resistance price chart

NI stock you have reviewed the technical analysis support resistance charts regarding.

NI : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the NI review, the NiSource support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

NiSource Support and Resistance Prices:

NI Support Level Price NI Resistance Level Price
24.58 26.48
24.80 26.75
25.09 27.13
25.45 27.31
25.48 27.36
25.89 27.51
26.04 27.75
26.26 29.44
27.60

NI Technical Analysis: SMA, RSI, MACD

NI review NiSource Inc. SMA chart analysis NI priceNI buy or sell review NiSource Inc. MACD chart analysis NI price

Upon reviewing the NI chart, buy and sell signals have been generated in the NiSource technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for NI stock are as follows:
  1. NI technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for NiSource gave a 'Buy' signal when the RSI was at 29.391, with the current RSI value at 45.413.
  3. The technical analysis for NiSource indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.