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Understanding the Risks of Investing in National Fuel Gas Co (NFG)

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National Fuel Gas Co’s filing revealed that its President – NFG Dist. Corp. DeCarolis Donna L unloaded Company’s shares for reported $0.63 million on Dec 05 ’24. In the deal valued at $62.58 per share,10,000 shares were sold. As a result of this transaction, DeCarolis Donna L now holds 81,519 shares worth roughly $5.91 million.

Then, DONNA DECAROLIS bought 10,000 shares, generating $625,766 in total proceeds.

Before that, Loweth Justin I sold 19,532 shares. National Fuel Gas Co shares valued at $1,216,232 were divested by the Pres – Seneca Resources at a price of $62.27 per share. As a result of the transaction, Loweth Justin I now holds 41,841 shares, worth roughly $3.03 million.

A number of analysts have revised their coverage, including Scotiabank’s analysts, who increased its forecast for the stock in mid September from “a Sector perform” to “a Sector outperform”. Raymond James also remained covering NFG and has decreased its forecast on February 06, 2023 with a “Mkt perform” recommendation from previously “an Outperform” rating. Scotiabank revised its rating on January 17, 2023. It rated NFG as “a Sector perform” which previously was an “a Sector outperform”.

Price Performance Review of NFG

On Tuesday, National Fuel Gas Co [NYSE:NFG] saw its stock jump 0.76% to $72.46. Over the last five days, the stock has gained 6.50%. National Fuel Gas Co shares have risen nearly 19.41% since the year began. Nevertheless, the stocks have risen 52.55% over the past one year. While a 52-week high of $73.13 was reached on 01/30/25, a 52-week low of $45.32 was recorded on 01/06/25. SMA at 50 days reached $63.85, while 200 days put it at $59.48.

Levels Of Support And Resistance For NFG Stock

The 24-hour chart illustrates a support level at 71.12, which if violated will result in even more drops to 69.78. On the upside, there is a resistance level at 73.17. A further resistance level may holdings at 73.89. The Relative Strength Index (RSI) on the 14-day chart is 75.92, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.25, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.85%. Stochastics %K at 82.67% indicates the stock is a selling.

How much short interest is there in National Fuel Gas Co?

A steep rise in short interest was recorded in National Fuel Gas Co stocks on 2025-01-15, growing by 0.37 million shares to a total of 2.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.54 million shares. There was a rise of 12.57%, which implies that there is a positive sentiment for the stock.

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