Momentum traders see opportunity in the "NFG stock price forecast" as the MACD indicator edges into positive territory, hinting at an impending upward swing if broader market sentiment remains supportive. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. The trend since the end of February is still moving up with consolidation the last two weeks.
April 12th filled the gap down from Octover 2023 setting as well as setting the YTD High. I think May will be positive and move past the resistance levels and try to test the YTD high. Rising regulatory-approved rate adjustments underpin this outlook.
