NFG Stock Tickeron detected bearish Stock Pattern: Triple Tops on June 03, 2024

A.I.dvisor
at Tickeron.com
06/07/24
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Triple Tops
NFG - National Fuel Gas Co
Emerged: 06/03/24
Breakout: $55.32
Price: $56.09
Target price: $53.43
A.I.dvisor detected a bearish Triple Tops pattern for NFG stock. This pattern was detected on June 03, 2024 . The odds of reaching the target price are 6. The Triple Tops pattern appears when there are three distinct minor Highs (1, 3, 5) at about the same price level. The security is testing the upper resistance level (horizontal line formed by (1, 3, 5). Consider selling the security short or buying a put option at a downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.
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General Information

a developer of oil and gas properties

Industry IntegratedOil

Profile
Fundamentals
Details
Industry
Integrated Oil
Address
6363 Main Street
Phone
+1 716 857-7000
Employees
2240
Web
http://www.nationalfuelgas.com