(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 2024-03-01 View latest technical analysis
10 day averaged volume of Newjersey Resources is 526110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 41.77 | 41.53 | 41.99 | 40.96 | 0.67 times |
| 29 Thu Feb 2024 | 41.61 | 41.75 | 41.91 | 41.34 | 0.838 times |
| 28 Wed Feb 2024 | 41.34 | 41.15 | 41.67 | 41.15 | 0.878 times |
| 27 Tue Feb 2024 | 41.37 | 41.10 | 41.37 | 40.91 | 0.643 times |
| 26 Mon Feb 2024 | 40.89 | 41.14 | 41.16 | 40.51 | 0.861 times |
| 23 Fri Feb 2024 | 41.42 | 41.57 | 41.70 | 41.31 | 0.617 times |
| 22 Thu Feb 2024 | 41.64 | 41.60 | 41.65 | 41.09 | 1.662 times |
| 21 Wed Feb 2024 | 42.01 | 42.01 | 42.41 | 41.62 | 1.657 times |
| 20 Tue Feb 2024 | 42.02 | 41.88 | 42.63 | 41.66 | 0.976 times |
| 16 Fri Feb 2024 | 42.08 | 42.06 | 42.40 | 41.68 | 0.813 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 42 as stoploss in an intra day sell trade for a target of 41.34. However, stock will show a bullish move above 42.
Share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Target | 39.44 |
| Downside Target | 40.34 |
| Upside Target | 41.99 |
| Upside Target | 42.14 |
| Upside Target | 42.44 |
| Upside Target | 42.63 |
| Upside Target | 43.49 |
| Upside Target | 45.83 |
| Upside Target | 45.87 |
Intraday share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Intraday Target | 40.86 |
| Downside Intraday Target | 39.94 |
| Upside Intraday Target | 42.34 |
| Upside Intraday Target | 42.9 |
| Downside Intraday Target | 41.42 |
Weekly technical analysis of Newjersey Resources (NJR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 41.77 | 41.14 | 41.99 | 40.51 | 0.792 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 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 Newjersey Resources (NJR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 41.77 | 41.53 | 41.99 | 40.96 | 0.027 times |
| 29 Thu Feb 2024 | 41.61 | 40.96 | 42.63 | 39.44 | 1.252 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 |
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 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 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 short to mid 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 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 gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 but buying is losing 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 41.66 and Newjersey Resources (NJR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
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 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 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 short to mid 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 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 gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 but buying is losing 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 41.66 and Newjersey Resources (NJR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.