Northern Oil Gas Stock Technical Analysis

NOG Stock  USD 27.36  1.84  7.21%   
As of the 19th of February, Northern Oil secures the Risk Adjusted Performance of 0.119, mean deviation of 2.21, and Downside Deviation of 2.74. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Oil Gas, as well as the relationship between them. Please verify Northern Oil Gas information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Northern Oil Gas is priced some-what accurately, providing market reflects its recent price of 27.36 per share. Given that Northern Oil Gas has jensen alpha of 0.3659, we recommend you to check Northern Oil's last-minute market performance to make sure the company can sustain itself at a future point.

Northern Oil Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Northern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NorthernNorthern Oil's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Northern Oil Analyst Consensus

Target PriceConsensus# of Analysts
29.9Buy10Odds
Northern Oil Gas current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Northern analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Northern stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Northern Oil Gas, talking to its executives and customers, or listening to Northern conference calls.
Northern Analyst Advice Details
Can Oil & Gas Exploration & Production industry sustain growth momentum? Does Northern have expansion opportunities? Factors like these will boost the valuation of Northern Oil. Anticipated expansion of Northern directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Northern Oil demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.27)
Dividend Share
1.77
Earnings Share
1.82
Revenue Per Share
20.872
Quarterly Revenue Growth
(0.09)
Investors evaluate Northern Oil Gas using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Northern Oil's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Northern Oil's market price to deviate significantly from intrinsic value.
It's important to distinguish between Northern Oil's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Northern Oil should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Northern Oil's market price signifies the transaction level at which participants voluntarily complete trades.

Northern Oil 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Northern Oil's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Northern Oil.
0.00
11/21/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/19/2026
0.00
If you would invest  0.00  in Northern Oil on November 21, 2025 and sell it all today you would earn a total of 0.00 from holding Northern Oil Gas or generate 0.0% return on investment in Northern Oil over 90 days. Northern Oil is related to or competes with SM Energy, Crescent Energy, Torm PLC, Teekay Tankers, BKV, Cosan SA, and DHT Holdings. Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, develo... More

Northern Oil Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Northern Oil's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Northern Oil Gas upside and downside potential and time the market with a certain degree of confidence.

Northern Oil Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Oil's standard deviation. In reality, there are many statistical measures that can use Northern Oil historical prices to predict the future Northern Oil's volatility.
Hype
Prediction
LowEstimatedHigh
24.2427.1530.06
Details
Intrinsic
Valuation
LowRealHigh
26.1029.0131.92
Details
Naive
Forecast
LowNextHigh
24.0526.9629.87
Details
10 Analysts
Consensus
LowTargetHigh
27.2129.9033.19
Details

Northern Oil February 19, 2026 Technical Indicators

Northern Oil Gas Backtested Returns

Northern Oil appears to be very steady, given 3 months investment horizon. Northern Oil Gas has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Northern Oil, which you can use to evaluate the volatility of the firm. Please exercise Northern Oil's Risk Adjusted Performance of 0.119, mean deviation of 2.21, and Downside Deviation of 2.74 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Northern Oil holds a performance score of 13. The company secures a Beta (Market Risk) of 0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Northern Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Oil is expected to be smaller as well. Please check Northern Oil's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Northern Oil's current price movements will revert.

Auto-correlation

    
  -0.31  

Poor reverse predictability

Northern Oil Gas has poor reverse predictability. Overlapping area represents the amount of predictability between Northern Oil time series from 21st of November 2025 to 5th of January 2026 and 5th of January 2026 to 19th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northern Oil Gas price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Northern Oil price fluctuation can be explain by its past prices.
Correlation Coefficient-0.31
Spearman Rank Test-0.36
Residual Average0.0
Price Variance2.76
Northern Oil technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Northern Oil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Northern Oil trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Northern Oil Gas Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Northern Oil Gas volatility. High ATR values indicate high volatility, and low values indicate low volatility.

About Northern Oil Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Northern Oil Gas on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Northern Oil Gas based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Northern Oil Gas price pattern first instead of the macroeconomic environment surrounding Northern Oil Gas. By analyzing Northern Oil's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Northern Oil's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Northern Oil specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 2025 2026 (projected)
Dividend Yield0.03650.04370.03930.0274
Price To Sales Ratio1.781.711.971.87

Northern Oil February 19, 2026 Technical Indicators

Most technical analysis of Northern help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Northern from various momentum indicators to cycle indicators. When you analyze Northern charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Northern Oil February 19, 2026 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Northern stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Northern Stock analysis

When running Northern Oil's price analysis, check to measure Northern Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Oil is operating at the current time. Most of Northern Oil's value examination focuses on studying past and present price action to predict the probability of Northern Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Oil's price. Additionally, you may evaluate how the addition of Northern Oil to your portfolios can decrease your overall portfolio volatility.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
CEOs Directory
Screen CEOs from public companies around the world
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk