(NFE) New Fortress complete technical analysis [charts+indicators] | Buy/Sell New Fortress | (NFE) share price targets
Complete technical analysis of New Fortress (NFE) by charts plus indicators, forecast predictions and share price targets for New Fortress (NFE)
New Fortress trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-03-04 View latest technical analysis
10 day averaged volume of New Fortress is 1617290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 32.02 | 33.83 | 34.23 | 31.67 | 2.207 times |
| 01 Fri Mar 2024 | 34.43 | 35.41 | 35.51 | 33.97 | 1.804 times |
| 29 Thu Feb 2024 | 35.15 | 34.50 | 35.58 | 33.68 | 2.894 times |
| 28 Wed Feb 2024 | 31.66 | 31.32 | 32.40 | 31.30 | 1.082 times |
| 27 Tue Feb 2024 | 31.82 | 31.71 | 32.04 | 31.35 | 0.735 times |
| 26 Mon Feb 2024 | 31.35 | 31.52 | 31.81 | 30.64 | 0.602 times |
| 23 Fri Feb 2024 | 31.83 | 31.27 | 32.03 | 30.96 | 0.639 times |
| 22 Thu Feb 2024 | 31.57 | 32.31 | 32.40 | 31.40 | 0.686 times |
| 21 Wed Feb 2024 | 32.40 | 31.83 | 32.95 | 31.74 | 0.577 times |
| 20 Tue Feb 2024 | 31.95 | 32.33 | 32.33 | 31.58 | 0.495 times |
Stock of New Fortress (NFE) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 31.2 or till 30.1. Use a stoploss of 32.19 and if the stock hits stoploss, then it can shoot up till 33.13
Share price targets for New Fortress (NFE)
| Target Type | Value |
| Downside Target | 27.34 |
| Downside Target | 30.18 |
| Upside Target | 32.65 |
| Upside Target | 34.23 |
| Upside Target | 35.18 |
| Upside Target | 35.51 |
| Upside Target | 35.58 |
| Upside Target | 38.29 |
| Upside Target | 38.65 |
| Upside Target | 40.04 |
Intraday share price targets for New Fortress (NFE)
| Target Type | Value |
| Downside Intraday Target | 31.05 |
| Downside Intraday Target | 30.08 |
| Upside Intraday Target | 33.61 |
| Upside Intraday Target | 35.2 |
| Upside Intraday Target | 32.64 |
Weekly technical analysis of New Fortress (NFE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 32.02 | 33.83 | 34.23 | 31.67 | 0.31 times |
| 01 Fri Mar 2024 | 34.43 | 31.52 | 35.58 | 30.64 | 2.969 times |
| 23 Fri Feb 2024 | 31.83 | 32.33 | 32.95 | 30.96 | 0.755 times |
| 16 Fri Feb 2024 | 32.56 | 31.86 | 32.70 | 31.14 | 0.845 times |
| 09 Fri Feb 2024 | 31.87 | 31.39 | 32.65 | 30.18 | 1.165 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 New Fortress (NFE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 32.02 | 35.41 | 35.51 | 31.67 | 0.251 times |
| 29 Thu Feb 2024 | 35.15 | 33.58 | 35.58 | 30.18 | 1.164 times |
| 31 Wed Jan 2024 | 33.23 | 37.96 | 38.29 | 31.58 | 0.945 times |
| 29 Fri Dec 2023 | 37.73 | 38.25 | 40.04 | 35.18 | 0.616 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 New Fortress (NFE)
Price action analysis of New Fortress ( (NFE) ) based on a short 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 New Fortress ( (NFE) ) 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 New Fortress ( (NFE) ) 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 New Fortress ( (NFE) ) 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 New Fortress stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for New Fortress in short term but the buy signal is initial and weak.
New Fortress 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. Bulls are getting tired and bears 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 New Fortress in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 New Fortress is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33.06 and New Fortress (NFE) 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 New Fortress (NFE) stock. Volume based technical analysis of New Fortress (NFE) stock is negative.
New Fortress 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 New Fortress ( (NFE) ) based on a short 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 New Fortress ( (NFE) ) 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 New Fortress ( (NFE) ) 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 New Fortress ( (NFE) ) 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 New Fortress stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for New Fortress in short term but the buy signal is initial and weak.
New Fortress 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. Bulls are getting tired and bears 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 New Fortress in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 New Fortress is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33.06 and New Fortress (NFE) 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 New Fortress (NFE) stock. Volume based technical analysis of New Fortress (NFE) stock is negative.
New Fortress 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.