(NJR) Newjersey Resources complete technical analysis [charts+indicators] | Buy/Sell Newjersey Resources | (NJR) share price targets
Complete technical analysis of Newjersey Resources (NJR) by charts plus indicators, forecast predictions and share price targets for Newjersey Resources (NJR)
Newjersey Resources trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-02-22 View latest technical analysis
10 day averaged volume of Newjersey Resources is 646670
Date | Daily Closing Price | Open | High | Low | Volume |
22 Thu Feb 2024 | 41.64 | 41.60 | 41.65 | 41.09 | 1.352 times |
21 Wed Feb 2024 | 42.01 | 42.01 | 42.41 | 41.62 | 1.348 times |
20 Tue Feb 2024 | 42.02 | 41.88 | 42.63 | 41.66 | 0.794 times |
16 Fri Feb 2024 | 42.08 | 42.06 | 42.40 | 41.68 | 0.661 times |
15 Thu Feb 2024 | 42.35 | 41.56 | 42.44 | 41.52 | 0.858 times |
14 Wed Feb 2024 | 41.34 | 40.79 | 41.42 | 40.56 | 0.879 times |
13 Tue Feb 2024 | 40.66 | 41.19 | 41.48 | 40.34 | 0.946 times |
12 Mon Feb 2024 | 42.13 | 41.25 | 42.27 | 41.25 | 1.052 times |
09 Fri Feb 2024 | 41.28 | 41.02 | 41.47 | 41.02 | 1.217 times |
08 Thu Feb 2024 | 41.15 | 40.41 | 41.18 | 40.34 | 1.114 times |
My analysis of stock is bullish for shortterm, and stock might move up till 42.1 or till 42.9. Use a stoploss of 41.39 and if this stock hits its stoploss, then it can fall down till 40.7
Share price targets for Newjersey Resources (NJR)
Target Type | Value |
Downside Target | 38.92 |
Downside Target | 40.34 |
Upside Target | 42.14 |
Upside Target | 42.44 |
Upside Target | 42.63 |
Upside Target | 42.93 |
Upside Target | 43.49 |
Upside Target | 43.84 |
Upside Target | 45.83 |
Upside Target | 45.87 |
Intraday share price targets for Newjersey Resources (NJR)
Target Type | Value |
Downside Intraday Target | 40.94 |
Downside Intraday Target | 40.25 |
Upside Intraday Target | 42.48 |
Upside Intraday Target | 43.33 |
Upside Intraday Target | 41.79 |
Weekly technical analysis of Newjersey Resources (NJR)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Thu Feb 2024 | 41.64 | 41.88 | 42.63 | 41.09 | 0.795 times |
16 Fri Feb 2024 | 42.08 | 41.25 | 42.44 | 40.34 | 0.606 times |
09 Fri Feb 2024 | 41.28 | 40.50 | 41.72 | 39.44 | 1.552 times |
02 Fri Feb 2024 | 40.80 | 41.70 | 42.14 | 40.48 | 1.099 times |
26 Fri Jan 2024 | 41.54 | 42.00 | 42.93 | 41.53 | 1.96 times |
Price has moved down 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 Newjersey Resources (NJR)
Date | Monthly Closing Price | Open | High | Low | Volume |
22 Thu Feb 2024 | 41.64 | 40.96 | 42.63 | 39.44 | 1.057 times |
31 Wed Jan 2024 | 40.83 | 44.35 | 45.83 | 40.71 | 0.999 times |
29 Fri Dec 2023 | 44.58 | 42.11 | 45.87 | 41.93 | 1.183 times |
30 Thu Nov 2023 | 42.20 | 40.75 | 43.49 | 40.42 | 0.717 times |
Scroll below to view daily charts
Price has moved up 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 Newjersey Resources (NJR)
Price action analysis of Newjersey Resources ( (NJR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Newjersey Resources ( (NJR) ) 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 Newjersey Resources ( (NJR) ) based on a short to mid 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 Newjersey Resources ( (NJR) ) 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 Newjersey Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Newjersey Resources in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newjersey Resources 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Newjersey Resources in short term and SELL signal is strong!
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Newjersey Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.64 and Newjersey Resources (NJR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Newjersey Resources (NJR) stock. Volume based technical analysis of Newjersey Resources (NJR) stock is negative.
Newjersey Resources Stock is giving positive 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.
Price action analysis of Newjersey Resources ( (NJR) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Newjersey Resources ( (NJR) ) 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 Newjersey Resources ( (NJR) ) based on a short to mid 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 Newjersey Resources ( (NJR) ) 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 Newjersey Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Newjersey Resources in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newjersey Resources 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Newjersey Resources in short term and SELL signal is strong!
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Newjersey Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.64 and Newjersey Resources (NJR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Newjersey Resources (NJR) stock. Volume based technical analysis of Newjersey Resources (NJR) stock is negative.
Newjersey Resources Stock is giving positive 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.