Northern Oil and Gas NOG is an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties. Let's check on this name's charts and indicators.
In the daily bar chart of NOG, below, we can see that the shares are recuperating from a temporary break below the rising 200-day moving average line. NOG is below the declining 50-day moving average line so we may remain cautious in the short-term.
The trading volume has increased the past 12 months as interest in energy names has increased with energy prices going up. The On-Balance-Volume (OBV) line is in an upward trend and tells me that buyers of NOG have been more aggressive than sellers.