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(NFE) New Fortress complete technical analysis [charts+indicators] | Buy/Sell New Fortress | (NFE) share price targets

Complete technical analysis of New Fortress (NFE) by charts plus indicators, forecast predictions and share price targets for New Fortress (NFE)

New Fortress trades in USA in Public Utilities sector.

10 day averaged volume of New Fortress is 1259760

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	28.07	28.07	28.70	27.91	0.828 times
22 Mon Apr 2024	28.14	28.06	28.62	27.90	1.236 times
19 Fri Apr 2024	28.06	28.09	28.42	27.90	0.667 times
18 Thu Apr 2024	28.20	27.51	28.41	27.42	0.772 times
17 Wed Apr 2024	27.49	27.74	27.75	27.18	1.043 times
16 Tue Apr 2024	27.61	27.60	28.00	27.30	1.853 times
15 Mon Apr 2024	27.98	28.42	28.56	27.84	1.161 times
12 Fri Apr 2024	28.40	28.96	29.46	28.34	1.1 times
11 Thu Apr 2024	28.96	29.35	29.40	28.87	0.864 times
10 Wed Apr 2024	29.35	29.64	29.89	29.31	0.814 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.1, but if it comes above 28.1, then a intra day buy could be more profitable.
If you take a sell trade below 28.1, then use 28.1 as stoploss and 26.9 as target. However if you take a buy trade in stock , then use 28.1 as stoploss and 29.08 as target.

Share price targets for New Fortress (NFE)

Target Type	Value
Downside Target	27.18
Downside Target	27.90
Upside Target	30.18
Upside Target	30.80
Upside Target	31.58
Upside Target	35.18
Upside Target	35.51
Upside Target	35.58
Upside Target	38.29
Upside Target	40.04

Intraday share price targets for New Fortress (NFE)

Target Type	Value
Downside Intraday Target	27.75
Downside Intraday Target	27.42
Upside Intraday Target	28.55
Upside Intraday Target	29.02
Upside Intraday Target	28.22

Weekly technical analysis of New Fortress (NFE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	28.07	28.06	28.70	27.90	0.376 times
19 Fri Apr 2024	28.06	28.42	28.56	27.18	1.308 times
12 Fri Apr 2024	28.40	29.76	30.19	28.34	1.104 times
05 Fri Apr 2024	29.67	30.65	30.80	29.31	0.741 times
28 Thu Mar 2024	30.59	30.41	30.70	28.95	0.808 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of New Fortress (NFE)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	28.07	30.65	30.80	27.18	0.57 times
28 Thu Mar 2024	30.59	35.41	35.51	28.95	1.33 times
29 Thu Feb 2024	35.15	33.58	35.58	30.18	1.164 times
31 Wed Jan 2024	33.23	37.96	38.29	31.58	0.945 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of New Fortress (NFE)

Price action analysis of New Fortress ( (NFE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of New Fortress ( (NFE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of New Fortress ( (NFE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of New Fortress ( (NFE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for New Fortress stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for New Fortress in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

New Fortress Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for New Fortress in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of New Fortress is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.15 and New Fortress (NFE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the New Fortress (NFE) stock. Volume based technical analysis of New Fortress (NFE) stock is negative.

New Fortress Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.