NiSource’s (NI) stock is currently trading at 4% and 16% premiums to its 50-day and 200-day moving averages, respectively. Its relative strength index (or RSI) is 56.
A fair premium to its 50-day and 200-day moving averages indicates possible strength in NI’s stock.
RSI is a momentum indicator made up of values between 0 and 100. RSI levels of below 30 are considered to be in the oversold zone, and levels of above 70 are considered to be in the overbought zone.