Our rating system posted a BUY today, upgraded from lower rating. This stock seems to be ready for a new bullish move. If you bought, continue to hold stock until SELL signal. You are relatively safe to buy now, a new upward move is expected.
Six months: 31.92 One year: 35.19
Support1: 22.79 Support2: 18.96
Resistance1: 27.33 Resistance2: 30.13
MA(5): 23.26 MA(20): 26.56
MA(100): 26.95 MA(250): 25.61
MACD(12,26): -1.69 Signal(12,26,9): -1.30
%K(14,3): 4.82 %D(3): 4.45
High: 32.55 Low: 19.57 Change(%): -14.3
3-Month: 2850 10-Days 4516
★ Strong Sell ★★ Sell ★★★ Neutral ★★★★ Buy ★★★★★ Strong Buy
Price, moving averages and Bollinger Bands
Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
NFX has closed above bottom band by 24.5%. Bollinger Bands are 161.3% wider than normal. The large width of the bands suggest high volatility as compared to NFX's normal range. The bands have been in this wide range for 7 bars. This is a sign that the current trend might continue.
1. 225,000 net acres Uinta Basin
2. 100,000 net acres Williston Basin, North Dakota and Montana
3. 125,000 net acres Cana Woodford
4. 160,000 net acres Arkoma Woodford
5. 50,000 net acres Granite Wash
6. 185,000 net acres Eagle Ford
7. 139,000 net acres Convential onshore Gulf Coast
NFX will make you rich if you buy at $23/share now and hold it tight for at least one year.
No one can predict what share prices will be in future, but compared with ROSE, OAS, WLL, NFX should be at least $40/share now.