NiSource Inc

NI is entrenched in a Stage 4 decline against its longer-term uptrend. Medium-term bias is firmly bearish, supported by active Support Failure and Bearish Pivot Point patterns. Price is holding around the 200DMA and has yet to approach the downward-sloping 9EMA/21EMA cluster to confirm a failed rally. Under a Stable strategy, execution is deferred: wait for a clear rejection at the EMA/resistance area or a decisive break below the 200DMA before selling.

• ↑Data-center demand underpins gigawatts of signed capacity for electricity sales
• ↑2026 adjusted EPS guided at $2.02–2.07, signaling >8% annual growth
• ↓Operations, maintenance, and financing cost increases prompted BofA to cut its price target