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Nisource Inc Falling Today on Above-Average Volume (NI)

By James Quinn

Nisource Inc's stock is down 9.7% to $25.35 on heavy trading volume. About 5.0 million shares have been traded today, as compared to the 30-day average volume of 2.3 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Nisource Inc on June 25th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $25.39. Since that recommendation, shares of Nisource Inc have risen 10.6%. We continue to monitor NI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Nisource Inc share prices have moved between a 52-week high of $28.11 and a 52-week low of $22.44 and are now trading 13% above that low price at $25.35 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

Keywords: unusual volume nisource inc

Ticker(s): NI