(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.
10 day averaged volume of Pnm Resources is 627460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 36.29 | 36.65 | 37.16 | 36.26 | 0.724 times |
| 22 Mon Apr 2024 | 36.69 | 36.62 | 36.85 | 36.43 | 0.532 times |
| 19 Fri Apr 2024 | 36.61 | 35.99 | 36.69 | 35.91 | 1.332 times |
| 18 Thu Apr 2024 | 36.12 | 35.97 | 36.25 | 35.79 | 0.726 times |
| 17 Wed Apr 2024 | 35.89 | 36.07 | 36.10 | 35.57 | 0.914 times |
| 16 Tue Apr 2024 | 35.97 | 35.80 | 36.04 | 35.52 | 1.216 times |
| 15 Mon Apr 2024 | 36.16 | 36.39 | 36.68 | 35.98 | 0.806 times |
| 12 Fri Apr 2024 | 36.23 | 36.94 | 37.22 | 36.00 | 1.141 times |
| 11 Thu Apr 2024 | 36.91 | 37.00 | 37.02 | 36.45 | 0.935 times |
| 10 Wed Apr 2024 | 36.82 | 36.61 | 36.89 | 36.38 | 1.264 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36.3, but if it comes above 36.3, then a intra day buy could be more profitable.
If you take a sell trade below 36.3, then use 36.3 as stoploss and 35.6 as target. However if you take a buy trade in stock , then use 36.3 as stoploss and 36.83 as target.
Share price targets for Pnm Resources (PNM)
| Target Type | Value |
| Downside Target | 34.63 |
| Upside Target | 37.73 |
| Upside Target | 37.77 |
| Upside Target | 37.83 |
| 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 | 35.98 |
| Downside Intraday Target | 35.67 |
| Upside Intraday Target | 36.88 |
| Upside Intraday Target | 37.47 |
| Upside Intraday Target | 36.57 |
Weekly technical analysis of Pnm Resources (PNM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 36.29 | 36.62 | 37.16 | 36.26 | 0.251 times |
| 19 Fri Apr 2024 | 36.61 | 36.39 | 36.69 | 35.52 | 0.96 times |
| 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 |
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 |
| 23 Tue Apr 2024 | 36.29 | 37.71 | 37.83 | 35.52 | 0.575 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Pnm Resources stock for short term is BUY. Signal strength is Weak 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 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 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 but SELL signal is weak.
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
Stock of Pnm 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 36.38 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Pnm Resources stock for short term is BUY. Signal strength is Weak 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 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 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 but SELL signal is weak.
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
Stock of Pnm 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 36.38 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.