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(NJR) Newjersey Resources complete technical analysis [charts+indicators] | Buy/Sell Newjersey Resources | (NJR) share price targets

Complete technical analysis of Newjersey Resources (NJR) by charts plus indicators, forecast predictions and share price targets for Newjersey Resources (NJR)

Newjersey Resources trades in USA in Public Utilities sector.

10 day averaged volume of Newjersey Resources is 481160

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	44.70	45.00	45.08	44.31	0.763 times
02 Thu May 2024	44.55	44.26	44.60	44.09	0.697 times
01 Wed May 2024	44.07	43.98	44.55	43.67	1.02 times
30 Tue Apr 2024	43.69	43.33	43.94	42.96	1.601 times
29 Mon Apr 2024	43.48	43.49	43.86	43.33	0.8 times
26 Fri Apr 2024	43.34	43.33	43.94	43.16	1.013 times
25 Thu Apr 2024	43.30	43.53	43.53	42.98	0.933 times
24 Wed Apr 2024	43.70	43.04	43.73	42.78	1.023 times
23 Tue Apr 2024	43.44	43.39	43.73	43.26	0.919 times
22 Mon Apr 2024	43.53	43.29	43.75	42.95	1.059 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44, but if it comes below 44, then a intra day sell could be more profitable.
If you take a sell trade below 44, then use 44 as stoploss and 42.95 as target. However if you take a buy trade in stock , then use 44 as stoploss and 45.2 as target.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	39.44
Downside Target	40.62
Downside Target	42.17
Downside Target	43.39
Downside Target	43.55
Downside Target	43.67
Downside Target	43.94
Upside Target	45.08
Upside Target	45.83

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	43.41
Downside Intraday Target	42.13
Upside Intraday Target	45.53
Upside Intraday Target	46.37
Downside Intraday Target	44.25

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	44.70	43.49	45.08	42.96	0.986 times
26 Fri Apr 2024	43.34	43.29	43.94	42.78	1.047 times
19 Fri Apr 2024	43.36	41.85	43.39	40.62	1.48 times
12 Fri Apr 2024	41.79	42.86	43.31	41.34	0.716 times
05 Fri Apr 2024	42.78	42.91	43.25	42.17	1.509 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 Newjersey Resources (NJR)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	44.70	43.98	45.08	43.67	0.126 times
30 Tue Apr 2024	43.69	42.91	43.94	40.62	0.965 times
28 Thu Mar 2024	42.91	41.53	43.55	40.96	0.758 times
29 Thu Feb 2024	41.61	40.96	42.63	39.44	1.252 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 Newjersey Resources (NJR)

Price action analysis of Newjersey Resources ( (NJR) ) 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 Newjersey Resources ( (NJR) ) based on a short to mid 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 Newjersey Resources ( (NJR) ) based on a mid to longer 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.

ADX buy sell signal for Newjersey Resources stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Newjersey Resources in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Newjersey Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Newjersey 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Newjersey 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 43.74 and Newjersey Resources (NJR) 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 Newjersey Resources (NJR) stock. Volume based technical analysis of Newjersey Resources (NJR) stock is negative.

Newjersey 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.