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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 2024-09-06 View latest technical analysis

10 day averaged volume of Newjersey Resources is 409720

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	46.03	46.59	46.68	46.02	0.889 times
05 Thu Sep 2024	46.40	46.67	46.75	46.28	0.774 times
04 Wed Sep 2024	46.32	46.53	46.74	46.09	0.799 times
03 Tue Sep 2024	46.31	46.16	46.54	46.16	0.848 times
30 Fri Aug 2024	46.31	45.85	46.34	45.68	1.379 times
30 Fri Aug 2024	46.31	45.85	46.34	45.68	1.379 times
29 Thu Aug 2024	45.65	45.75	45.78	45.33	1.167 times
28 Wed Aug 2024	45.57	45.85	46.23	45.56	1.023 times
27 Tue Aug 2024	45.85	46.05	46.24	45.84	1.063 times
26 Mon Aug 2024	46.17	46.30	46.63	46.14	0.782 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 46.3 as stoploss in an intra day sell trade for a target of 45.65. However, stock will show a bullish move above 46.3.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	41.58
Downside Target	43.89
Downside Target	46.02
Upside Target	46.34
Upside 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	45.78
Downside Intraday Target	45.54
Upside Intraday Target	46.51
Upside Intraday Target	47
Upside Intraday Target	46.27

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	46.03	46.16	46.75	46.02	2.399 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 down 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
06 Fri Sep 2024	46.03	46.16	46.75	46.02	0.129 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 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 neutral. A longer time frame might give a better analysis.

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 losing momentum.

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

Newjersey 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. 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 coming down

CCI has generated a SELL signal for Newjersey Resources in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 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 46.08 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.