The best indicator for NiSource (NI)
We backtested 382 indicators across daily, weekly and hourly charts on real NiSource (NI) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where NiSource (NI) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
SMA 20/50 Cross
On the weekly chart, this is the strongest risk-adjusted edge we found for NiSource (NI) over ~53.8 years — beating buy-and-hold by 0.5% CAGR.
NiSource (NI) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for NiSource (NI) — trailing buy-and-hold by 4.3% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | SMA 20/50 Cross ✓ | Weekly | 8.1% | 0.59 | -34.2% | 63.6% | 22 | 0.5% |
| 2 | TRIX (21) ✓ | Weekly | 8.2% | 0.58 | -32.0% | 81.2% | 16 | 0.6% |
| 3 | Ichimoku TK Cross ✓ | Weekly | 7.5% | 0.56 | -68.5% | 47.5% | 59 | -0.1% |
| 4 | MA Ribbon ✓ | Weekly | 6.6% | 0.56 | -43.9% | 53.5% | 43 | -1.0% |
| 5 | TRIX (15) ✓ | Weekly | 7.8% | 0.56 | -40.8% | 58.3% | 24 | 0.2% |
| 6 | EMA 20/50 Cross ✓ | Weekly | 7.5% | 0.55 | -43.4% | 62.5% | 16 | -0.1% |
| 7 | SMA 20/80 Cross ✓ | Weekly | 7.9% | 0.55 | -35.9% | 62.5% | 16 | 0.3% |
| 8 | T3 15/60 Cross ✓ | Weekly | 7.8% | 0.58 | -35.9% | 64.3% | 14 | 0.2% |
| 9 | TRIMA 200 Trend ✓ | Daily | 6.8% | 0.54 | -58.1% | 39.1% | 115 | -0.8% |
| 10 | Supertrend (14,4) ✓ | Weekly | 7.1% | 0.54 | -48.5% | 52.9% | 17 | -0.5% |
| 11 | EMA 15/60 Cross ✓ | Weekly | 7.4% | 0.54 | -45.4% | 64.7% | 17 | -0.2% |
| 12 | WMA 20/80 Cross ✓ | Weekly | 7.3% | 0.54 | -44.1% | 65.0% | 20 | -0.3% |
| 13 | T3 10/40 Cross ✓ | Weekly | 7.0% | 0.54 | -42.4% | 64.0% | 25 | -0.6% |
| 14 | Trendlines with Breaks ✓ | Weekly | 7.4% | 0.54 | -37.8% | 56.2% | 16 | -0.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on NiSource (NI)
1 of 702 tested setups beat buy-and-hold on NiSource (NI) outright. Another 221 could get there with leverage they would survive — but 337 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Markov Regime | 1 | none needed | 3.17× |
| QQE | — | 1.38× | 2.62× |
| CCI (200) | — | 1.4× | 2.88× |
| Vegas Tunnel | — | 1.45× | 3.46× |
| EMA 200 Trend | — | 1.5× | 2.03× |
| VIDYA 30 Trend | — | 1.54× | 2.34× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For NiSource (NI), SMA 20/50 Cross on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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