(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 2024-04-12 View latest technical analysis
10 day averaged volume of Pnm Resources is 560420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 36.23 | 36.94 | 37.22 | 36.00 | 1.278 times |
| 11 Thu Apr 2024 | 36.91 | 37.00 | 37.02 | 36.45 | 1.047 times |
| 10 Wed Apr 2024 | 36.82 | 36.61 | 36.89 | 36.38 | 1.415 times |
| 09 Tue Apr 2024 | 37.24 | 37.52 | 37.77 | 37.05 | 1.268 times |
| 08 Mon Apr 2024 | 37.45 | 37.34 | 37.55 | 37.07 | 0.82 times |
| 05 Fri Apr 2024 | 37.20 | 36.92 | 37.37 | 36.56 | 1.103 times |
| 04 Thu Apr 2024 | 37.18 | 37.52 | 37.57 | 36.91 | 0.953 times |
| 03 Wed Apr 2024 | 37.17 | 37.24 | 37.37 | 36.74 | 0.817 times |
| 02 Tue Apr 2024 | 37.31 | 37.34 | 37.83 | 37.27 | 0.918 times |
| 01 Mon Apr 2024 | 37.37 | 37.71 | 37.71 | 37.14 | 0.588 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 36.4, for a target of 36.8 or 37.08
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 | 35.56 |
| Downside Intraday Target | 34.9 |
| Upside Intraday Target | 37.33 |
| Upside Intraday Target | 38.44 |
| Upside Intraday Target | 36.67 |
Weekly technical analysis of Pnm Resources (PNM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 36.23 | 37.34 | 37.77 | 36.00 | 1.331 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 |
| 12 Fri Apr 2024 | 36.23 | 37.71 | 37.83 | 36.00 | 0.341 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Pnm Resources in short term and the sell signal is strong.
Pnm 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Pnm Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 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 37.04 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Pnm Resources in short term and the sell signal is strong.
Pnm 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Pnm Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 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 37.04 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.