Do Traders Think Northern Oil & Gas, Inc. (NOG) Can Keep Climbing Thursday?

Overall market sentiment has been high on Northern Oil & Gas, Inc. (NOG) stock lately. NOG receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Northern Oil & Gas, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NOG!

See Full NOG Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With NOG Stock Today?

Northern Oil & Gas, Inc. (NOG) stock is trading at $33.12 as of 1:46 PM on Thursday, Sep 15, a drop of -$0.50, or -1.49% from the previous closing price of $33.62. The stock has traded between $32.56 and $33.66 so far today. Volume today is light. So far 314,900 shares have traded compared to average volume of 839,040 shares. To screen for more stocks like Northern Oil & Gas, Inc. click here.

More About Northern Oil & Gas, Inc.

Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production with operations in North Dakota and Montana that primarily target the Bakken and Three Forks formations in the Williston Basin of the United States. Click Here to get the full Stock Report for Northern Oil & Gas, Inc. stock.