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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.

Showing technical analysis as on 2024-09-05 View latest technical analysis

10 day averaged volume of Newjersey Resources is 400730

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	46.40	46.67	46.75	46.28	0.791 times
04 Wed Sep 2024	46.32	46.53	46.74	46.09	0.817 times
03 Tue Sep 2024	46.31	46.16	46.54	46.16	0.867 times
30 Fri Aug 2024	46.31	45.85	46.34	45.68	1.41 times
30 Fri Aug 2024	46.31	45.85	46.34	45.68	1.41 times
29 Thu Aug 2024	45.65	45.75	45.78	45.33	1.193 times
28 Wed Aug 2024	45.57	45.85	46.23	45.56	1.046 times
27 Tue Aug 2024	45.85	46.05	46.24	45.84	1.087 times
26 Mon Aug 2024	46.17	46.30	46.63	46.14	0.8 times
23 Fri Aug 2024	46.11	45.92	46.36	45.77	0.804 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.3, but if it comes below 46.3, then a intra day sell could be more profitable.
If you take a sell trade below 46.3, then use 46.3 as stoploss and 45.58 as target. However if you take a buy trade in stock , then use 46.3 as stoploss and 47.1 as target.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	41.58
Downside Target	43.89
Downside Target	46.09
Downside Target	46.34
Downside Target	46.36
Upside Target	46.63
Upside Target	46.75
Upside Target	47.34
Upside Target	47.37

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	46.08
Downside Intraday Target	45.75
Upside Intraday Target	46.74
Upside Intraday Target	47.07
Upside Intraday Target	46.41

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	46.40	46.16	46.75	46.09	1.755 times
30 Fri Aug 2024	46.31	45.85	46.34	45.68	0.255 times
30 Fri Aug 2024	46.31	46.30	46.63	45.33	1.166 times
23 Fri Aug 2024	46.11	45.32	46.36	45.11	0.999 times
16 Fri Aug 2024	45.37	44.41	45.45	43.89	0.646 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Newjersey Resources (NJR)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	46.40	46.16	46.75	46.09	0.095 times
30 Fri Aug 2024	46.31	46.94	47.37	42.33	1.022 times
31 Wed Jul 2024	46.75	42.86	47.34	41.68	0.805 times
28 Fri Jun 2024	42.74	43.75	44.72	41.70	1.301 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 Weak 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

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 46.09 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.