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(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 2024-03-22 View latest technical analysis

10 day averaged volume of Newjersey Resources is 568630

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	42.05	42.03	42.13	41.79	0.833 times
21 Thu Mar 2024	41.78	42.04	42.31	41.72	0.899 times
20 Wed Mar 2024	42.00	41.66	42.27	41.57	0.675 times
19 Tue Mar 2024	41.81	41.33	41.92	41.33	0.915 times
18 Mon Mar 2024	41.26	41.68	41.74	41.08	1.147 times
15 Fri Mar 2024	41.71	41.52	42.20	41.28	2.78 times
14 Thu Mar 2024	41.74	41.98	42.18	41.21	0.949 times
13 Wed Mar 2024	42.34	42.83	43.17	42.29	0.716 times
12 Tue Mar 2024	42.77	42.82	42.95	42.34	0.804 times
11 Mon Mar 2024	43.51	43.02	43.55	43.02	0.534 times

My analysis of stock is bullish for shortterm, and stock might move up till 42.7 or till 43.5. Use a stoploss of 42.04 and if this stock hits its stoploss, then it can fall down till 41.39

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	39.44
Downside Target	40.42
Upside Target	42.31
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	41.32
Downside Intraday Target	40.58
Upside Intraday Target	42.55
Upside Intraday Target	43.04
Downside Intraday Target	41.81

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	42.05	41.68	42.31	41.08	0.773 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
22 Fri Mar 2024	42.05	41.53	43.55	40.96	0.649 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 SELL signal for Newjersey Resources 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.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Newjersey Resources is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.95 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.