(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 2024-02-28 View latest technical analysis
10 day averaged volume of Newjersey Resources is 553850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 41.34 | 41.15 | 41.67 | 41.15 | 0.834 times |
| 27 Tue Feb 2024 | 41.37 | 41.10 | 41.37 | 40.91 | 0.611 times |
| 26 Mon Feb 2024 | 40.89 | 41.14 | 41.16 | 40.51 | 0.818 times |
| 23 Fri Feb 2024 | 41.42 | 41.57 | 41.70 | 41.31 | 0.586 times |
| 22 Thu Feb 2024 | 41.64 | 41.60 | 41.65 | 41.09 | 1.579 times |
| 21 Wed Feb 2024 | 42.01 | 42.01 | 42.41 | 41.62 | 1.574 times |
| 20 Tue Feb 2024 | 42.02 | 41.88 | 42.63 | 41.66 | 0.927 times |
| 16 Fri Feb 2024 | 42.08 | 42.06 | 42.40 | 41.68 | 0.772 times |
| 15 Thu Feb 2024 | 42.35 | 41.56 | 42.44 | 41.52 | 1.002 times |
| 14 Wed Feb 2024 | 41.34 | 40.79 | 41.42 | 40.56 | 1.026 times |
My analysis of stock is bullish for shortterm, and stock might move up till 41.9 or till 42.7. Use a stoploss of 41.28 and if this stock hits its stoploss, then it can fall down till 40.62
Share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Target | 38.92 |
| Downside Target | 40.34 |
| Upside Target | 41.93 |
| Upside Target | 42.14 |
| Upside Target | 42.44 |
| Upside Target | 42.63 |
| 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 | 40.68 |
| Downside Intraday Target | 40.01 |
| Upside Intraday Target | 41.84 |
| Upside Intraday Target | 42.33 |
| Downside Intraday Target | 41.17 |
Weekly technical analysis of Newjersey Resources (NJR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 41.34 | 41.14 | 41.67 | 40.51 | 0.485 times |
| 23 Fri Feb 2024 | 41.42 | 41.88 | 42.63 | 41.09 | 0.909 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 |
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 |
| 28 Wed Feb 2024 | 41.34 | 40.96 | 42.63 | 39.44 | 1.21 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Newjersey Resources ( (NJR) ) based on a short 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 Newjersey Resources ( (NJR) ) based on a short to mid 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 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.
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. Bears are getting stronger in this stock.
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 buy signal for Newjersey Resources 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 41.69 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Newjersey Resources ( (NJR) ) based on a short 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 Newjersey Resources ( (NJR) ) based on a short to mid 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 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.
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. Bears are getting stronger in this stock.
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 buy signal for Newjersey Resources 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 41.69 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.