(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 2024-04-11 View latest technical analysis
10 day averaged volume of Pnm Resources is 541340
Date | Daily Closing Price | Open | High | Low | Volume |
11 Thu Apr 2024 | 36.91 | 37.00 | 37.02 | 36.45 | 1.084 times |
10 Wed Apr 2024 | 36.82 | 36.61 | 36.89 | 36.38 | 1.465 times |
09 Tue Apr 2024 | 37.24 | 37.52 | 37.77 | 37.05 | 1.312 times |
08 Mon Apr 2024 | 37.45 | 37.34 | 37.55 | 37.07 | 0.849 times |
05 Fri Apr 2024 | 37.20 | 36.92 | 37.37 | 36.56 | 1.142 times |
04 Thu Apr 2024 | 37.18 | 37.52 | 37.57 | 36.91 | 0.987 times |
03 Wed Apr 2024 | 37.17 | 37.24 | 37.37 | 36.74 | 0.846 times |
02 Tue Apr 2024 | 37.31 | 37.34 | 37.83 | 37.27 | 0.95 times |
01 Mon Apr 2024 | 37.37 | 37.71 | 37.71 | 37.14 | 0.608 times |
28 Thu Mar 2024 | 37.64 | 37.45 | 37.73 | 37.43 | 1.109 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 36.8 as stoploss in an intra day buy trade for a target of 37.1. However, stock will show a bearish move below 36.8.
Share price targets for Pnm Resources (PNM)
Target Type | Value |
Downside Target | 34.63 |
Downside Target | 35.95 |
Upside Target | 37.52 |
Upside Target | 37.83 |
Upside Target | 38.11 |
Upside Target | 38.15 |
Upside Target | 38.22 |
Upside Target | 39.67 |
Upside Target | 41.50 |
Upside Target | 43.31 |
Intraday share price targets for Pnm Resources (PNM)
Target Type | Value |
Downside Intraday Target | 36.27 |
Downside Intraday Target | 35.63 |
Upside Intraday Target | 37.66 |
Upside Intraday Target | 38.41 |
Upside Intraday Target | 37.02 |
Weekly technical analysis of Pnm Resources (PNM)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Thu Apr 2024 | 36.91 | 37.34 | 37.77 | 36.38 | 1.039 times |
05 Fri Apr 2024 | 37.20 | 37.71 | 37.83 | 36.56 | 1.302 times |
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 |
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 Pnm Resources (PNM)
Date | Monthly Closing Price | Open | High | Low | Volume |
11 Thu Apr 2024 | 36.91 | 37.71 | 37.83 | 36.38 | 0.298 times |
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 |
Scroll below to view daily charts
Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pnm Resources ( (PNM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 SELL signal for Pnm Resources in short term and the sell signal is strong.
Pnm 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Pnm Resources in short term but BUY signal is weak.
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 37.2 and Pnm Resources (PNM) 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 Pnm Resources (PNM) stock. Volume based technical analysis of Pnm Resources (PNM) stock is negative.
Pnm Resources Stock has given negative 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 Pnm Resources ( (PNM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pnm Resources ( (PNM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 SELL signal for Pnm Resources in short term and the sell signal is strong.
Pnm 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Pnm Resources in short term but BUY signal is weak.
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 37.2 and Pnm Resources (PNM) 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 Pnm Resources (PNM) stock. Volume based technical analysis of Pnm Resources (PNM) stock is negative.
Pnm Resources Stock has given negative 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.