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Bullish Moving Average Cross by Nisource Inc (NI)

By Shiri Gupta

Today, shares of Nisource Inc (NYSE:NI) have advanced above their 10-day MA of $27.88 on a volume of 152K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Nisource Inc share prices have been bracketed by a low of $24.37 and a high of $30.67 and are now at $28.06, 15% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.4%.

SmarTrend is tracking the current trend status for Nisource Inc and will alert subscribers who have NI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses nisource inc

Ticker(s): NI