(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 2024-03-19 View latest technical analysis
10 day averaged volume of Newjersey Resources is 562470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 41.81 | 41.33 | 41.92 | 41.33 | 0.925 times |
| 18 Mon Mar 2024 | 41.26 | 41.68 | 41.74 | 41.08 | 1.16 times |
| 15 Fri Mar 2024 | 41.71 | 41.52 | 42.20 | 41.28 | 2.811 times |
| 14 Thu Mar 2024 | 41.74 | 41.98 | 42.18 | 41.21 | 0.959 times |
| 13 Wed Mar 2024 | 42.34 | 42.83 | 43.17 | 42.29 | 0.724 times |
| 12 Tue Mar 2024 | 42.77 | 42.82 | 42.95 | 42.34 | 0.812 times |
| 11 Mon Mar 2024 | 43.51 | 43.02 | 43.55 | 43.02 | 0.54 times |
| 08 Fri Mar 2024 | 43.02 | 43.29 | 43.34 | 42.96 | 0.588 times |
| 07 Thu Mar 2024 | 42.98 | 42.89 | 43.16 | 42.75 | 0.68 times |
| 06 Wed Mar 2024 | 42.56 | 42.45 | 42.59 | 42.12 | 0.801 times |
My analysis of stock is bearish for shortterm, and stock might move down till 41.3 or till 40.5. Use a stoploss of 42 and if the stock hits stoploss, then it can shoot up till 42.66
Share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Target | 39.44 |
| Downside Target | 40.42 |
| Upside Target | 41.99 |
| Upside Target | 42.63 |
| Upside Target | 43.34 |
| Upside Target | 43.49 |
| Upside Target | 43.55 |
| Upside Target | 45.83 |
| Upside Target | 45.87 |
Intraday share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Intraday Target | 41.29 |
| Downside Intraday Target | 40.76 |
| Upside Intraday Target | 42.13 |
| Upside Intraday Target | 42.44 |
| Downside Intraday Target | 41.6 |
Weekly technical analysis of Newjersey Resources (NJR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 41.81 | 41.68 | 41.92 | 41.08 | 0.357 times |
| 15 Fri Mar 2024 | 41.71 | 43.02 | 43.55 | 41.21 | 1.474 times |
| 08 Fri Mar 2024 | 43.02 | 41.69 | 43.34 | 41.39 | 1.09 times |
| 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 |
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 |
| 19 Tue Mar 2024 | 41.81 | 41.53 | 43.55 | 40.96 | 0.543 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 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 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 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 SELL signal for Newjersey Resources in short term and the sell signal is strong.
Newjersey Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 42.13 and Newjersey Resources (NJR) 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 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 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 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 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 SELL signal for Newjersey Resources in short term and the sell signal is strong.
Newjersey Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 42.13 and Newjersey Resources (NJR) 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 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.