(PNM) Pnm Resources complete technical analysis [charts+indicators] | Buy/Sell Pnm Resources | (PNM) share price targets
Complete technical analysis of Pnm Resources (PNM) by charts plus indicators, forecast predictions and share price targets for Pnm Resources (PNM)
Pnm Resources trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-03-28 View latest technical analysis
10 day averaged volume of Pnm Resources is 710670
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 37.64 | 37.45 | 37.73 | 37.43 | 0.845 times |
27 Wed Mar 2024 | 37.45 | 37.14 | 37.53 | 37.02 | 0.557 times |
26 Tue Mar 2024 | 36.91 | 37.00 | 37.00 | 36.60 | 0.803 times |
25 Mon Mar 2024 | 36.85 | 37.28 | 37.36 | 36.74 | 0.447 times |
22 Fri Mar 2024 | 37.17 | 37.38 | 37.52 | 37.15 | 0.994 times |
21 Thu Mar 2024 | 37.19 | 37.28 | 37.42 | 36.95 | 0.754 times |
20 Wed Mar 2024 | 37.07 | 36.62 | 37.14 | 36.61 | 0.773 times |
19 Tue Mar 2024 | 36.80 | 37.01 | 37.25 | 36.63 | 0.571 times |
18 Mon Mar 2024 | 36.95 | 36.54 | 37.16 | 36.13 | 1.925 times |
15 Fri Mar 2024 | 36.70 | 36.49 | 36.98 | 36.49 | 2.112 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 37.6, but if it comes below 37.6, then a intra day sell could be more profitable.
If you take a sell trade below 37.6, then use 37.6 as stoploss and 37.2 as target. However if you take a buy trade in stock , then use 37.6 as stoploss and 38 as target.
Share price targets for Pnm Resources (PNM)
Target Type | Value |
Downside Target | 34.63 |
Downside Target | 35.95 |
Downside Target | 37.52 |
Upside Target | 38.15 |
Upside Target | 38.22 |
Upside Target | 39.67 |
Upside Target | 41.44 |
Upside Target | 41.50 |
Upside Target | 43.31 |
Upside Target | 43.70 |
Intraday share price targets for Pnm Resources (PNM)
Target Type | Value |
Downside Intraday Target | 36.92 |
Downside Intraday Target | 36.19 |
Upside Intraday Target | 38.05 |
Upside Intraday Target | 38.45 |
Downside Intraday Target | 37.32 |
Weekly technical analysis of Pnm Resources (PNM)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 37.64 | 37.28 | 37.73 | 36.60 | 0.529 times |
22 Fri Mar 2024 | 37.17 | 36.54 | 37.52 | 36.13 | 0.865 times |
15 Fri Mar 2024 | 36.70 | 37.69 | 38.11 | 36.26 | 0.879 times |
08 Fri Mar 2024 | 37.69 | 36.67 | 38.22 | 36.63 | 0.537 times |
01 Fri Mar 2024 | 36.80 | 37.53 | 38.15 | 35.95 | 2.546 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 Pnm Resources (PNM)
Date | Monthly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 37.64 | 36.51 | 38.22 | 35.95 | 0.585 times |
29 Thu Feb 2024 | 36.51 | 35.80 | 38.15 | 34.63 | 0.504 times |
31 Wed Jan 2024 | 36.23 | 38.64 | 39.67 | 35.17 | 3.414 times |
29 Fri Dec 2023 | 41.60 | 41.70 | 43.31 | 41.50 | 1.616 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 Pnm Resources (PNM)
Price action analysis of Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) based on a short to mid 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 Pnm Resources ( (PNM) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Pnm Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Pnm 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.
Pnm Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 Pnm Resources in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 Pnm 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 37.02 and Pnm Resources (PNM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Pnm Resources (PNM) stock. Volume based technical analysis of Pnm Resources (PNM) stock is negative.
Pnm Resources Stock is giving positive 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 Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) based on a short to mid 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 Pnm Resources ( (PNM) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Pnm Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Pnm 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.
Pnm Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 Pnm Resources in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 Pnm 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 37.02 and Pnm Resources (PNM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Pnm Resources (PNM) stock. Volume based technical analysis of Pnm Resources (PNM) stock is negative.
Pnm Resources Stock is giving positive 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.