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It May Be a Good Time to Probe the Long Side of NiSource

·1 min read
It May Be a Good Time to Probe the Long Side of NiSource
In this article:
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In this daily bar chart of NI, below, we can see that prices have slowly and quietly corrected since early May. NI is trading below the declining 50-day moving average line and currently testing the 200-day line. Trading volume has been on the light side and the On-Balance-Volume (OBV) line shows a slight decline from late August. Trading volume has not increased on this minor decline which is good.