Red List

NOGNorthern Oil and Gas, Inc.

Energy · Oil & Gas E&P · mid-cap ($2.5B)
-33.4%
from rolling 252-day high of $32.62 set 2025-06-13 · 349d ago
Current
$21.74
Decline depth
-33.4%
Decline σ
8.2σ
TFC
0/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$NOG landed on the list 2026-05-07, down 26.6% from its 52-week high that day — now down -33.4%.

That's 9.7 percentage points deeper than the day it joined.

Decline from the 52-week high as it stood on 2026-05-07 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

NOG qualifies for the Red List on decline depth.

Decline depth
-33.4%
From rolling 252-day high of $32.62, 349d ago. Past the 30% Amber threshold.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
8.2σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (2.86% per day). Past the ≥8σ Red List threshold — an extreme move.

The structural read

What price action says about NOG.

NOG qualifies for the Red List on decline depth — down -33.4% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown.

Cross-confirmation: decline sigma also reads 8.2σ over 20 bars.

Earnings on file: 2026-04-28. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $20.18 12.5% of range 52W high $32.62

Sector context · Energy

20 other Energy tickers are on Broken Stocks.

9 Red List
6 Amber
5 Watch
-31.4% Median decline

Worst in sector: GEOS (-70.9%). Least-bad: DEC (-21.5%). See all Energy listings →

Questions about NOG

What people ask.

Why is NOG on Broken Stocks?

NOG qualifies for the Red List on decline depth. It is down -33.4% from its rolling 252-day high of $32.62, set on 2025-06-13 — 349d ago.

Is NOG a falling knife?

Not by the strict technical definition. NOG is down -33.4% from its 52-week high, but that high was set 349d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. NOG is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is NOG a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is NOG trading inside its 52-week range?

At $21.74, NOG sits 12.5% of the way from its 52-week low ($20.18) to its 52-week high ($32.62). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has NOG been declining?

The current 33.4% decline accrued over 349d, which annualizes to roughly -34.9% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does NOG compare to its sector?

There are 20 other Energy tickers on Broken Stocks: 9 Red, 6 Amber, 5 Watch, with 5 showing recovering structural signals. Median sector decline is -31.4% — NOG's decline is deeper than the sector median.

Does NOG's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-04-28) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.