(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.
Showing technical analysis as on 2024-04-15 View latest technical analysis
10 day averaged volume of Newjersey Resources is 368170
Date | Daily Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 41.58 | 41.85 | 42.05 | 41.20 | 1.047 times |
12 Fri Apr 2024 | 41.79 | 41.82 | 42.11 | 41.55 | 0.762 times |
11 Thu Apr 2024 | 41.87 | 42.07 | 42.07 | 41.34 | 0.966 times |
10 Wed Apr 2024 | 41.79 | 42.12 | 42.12 | 41.40 | 1.066 times |
09 Tue Apr 2024 | 42.92 | 43.10 | 43.31 | 42.73 | 0.66 times |
08 Mon Apr 2024 | 42.93 | 42.86 | 43.20 | 42.78 | 0.717 times |
05 Fri Apr 2024 | 42.78 | 42.64 | 42.93 | 42.22 | 1.138 times |
04 Thu Apr 2024 | 42.91 | 43.07 | 43.25 | 42.53 | 1.204 times |
03 Wed Apr 2024 | 42.69 | 42.84 | 42.96 | 42.62 | 0.992 times |
02 Tue Apr 2024 | 43.13 | 42.35 | 43.20 | 42.17 | 1.603 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.7, but if it comes above 41.7, then a intra day buy could be more profitable.
If you take a sell trade below 41.7, then use 41.7 as stoploss and 41 as target. However if you take a buy trade in stock , then use 41.7 as stoploss and 42.25 as target.
Share price targets for Newjersey Resources (NJR)
Target Type | Value |
Downside Target | 39.44 |
Downside Target | 40.71 |
Upside Target | 42.31 |
Upside Target | 42.63 |
Upside Target | 43.02 |
Upside Target | 43.25 |
Upside Target | 43.31 |
Upside Target | 43.55 |
Upside Target | 45.83 |
Upside Target | 45.87 |
Intraday share price targets for Newjersey Resources (NJR)
Target Type | Value |
Downside Intraday Target | 41.17 |
Downside Intraday Target | 40.76 |
Upside Intraday Target | 42.02 |
Upside Intraday Target | 42.46 |
Upside Intraday Target | 41.61 |
Weekly technical analysis of Newjersey Resources (NJR)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 41.58 | 41.85 | 42.05 | 41.20 | 0.251 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 |
28 Thu Mar 2024 | 42.91 | 42.29 | 43.02 | 41.41 | 0.56 times |
22 Fri Mar 2024 | 42.05 | 41.68 | 42.31 | 41.08 | 0.773 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 Newjersey Resources (NJR)
Date | Monthly Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 41.58 | 42.91 | 43.31 | 41.20 | 0.414 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 |
31 Wed Jan 2024 | 40.83 | 44.35 | 45.83 | 40.71 | 0.999 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 Newjersey Resources (NJR)
Price action analysis of Newjersey Resources ( (NJR) ) 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 Newjersey Resources ( (NJR) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Newjersey Resources in short term and the sell signal is strong.
Newjersey 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newjersey Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Newjersey 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 42.47 and Newjersey Resources (NJR) 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 Newjersey Resources (NJR) stock. Volume based technical analysis of Newjersey Resources (NJR) stock is negative.
Newjersey 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 Newjersey Resources ( (NJR) ) 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 Newjersey Resources ( (NJR) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Newjersey Resources in short term and the sell signal is strong.
Newjersey 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newjersey Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Newjersey 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 42.47 and Newjersey Resources (NJR) 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 Newjersey Resources (NJR) stock. Volume based technical analysis of Newjersey Resources (NJR) stock is negative.
Newjersey 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.