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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 2024-10-14 View latest technical analysis

10 day averaged volume of Newjersey Resources is 369300

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	46.04	45.67	46.10	45.56	0.586 times
11 Fri Oct 2024	45.68	45.24	45.76	45.21	0.635 times
10 Thu Oct 2024	45.22	45.33	45.43	45.00	0.946 times
09 Wed Oct 2024	45.46	45.07	45.79	45.07	1.037 times
08 Tue Oct 2024	45.19	45.35	45.62	45.12	0.688 times
07 Mon Oct 2024	45.32	45.69	45.72	45.08	0.974 times
04 Fri Oct 2024	45.90	45.85	46.04	45.56	0.847 times
03 Thu Oct 2024	45.96	46.22	46.24	45.84	0.737 times
02 Wed Oct 2024	46.27	46.53	46.66	46.09	1.123 times
01 Tue Oct 2024	46.86	47.19	47.19	46.60	1.667 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 45.7 as stoploss in an intra day buy trade for a target of 46.55. However, stock will show a bearish move below 45.7.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	41.68
Downside Target	44.72
Upside Target	46.53
Upside Target	47.09
Upside Target	47.19
Upside Target	47.34
Upside Target	47.37
Upside Target	47.39
Upside Target	47.52
Upside Target	48.68

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	45.7
Downside Intraday Target	45.36
Upside Intraday Target	46.24
Upside Intraday Target	46.44
Downside Intraday Target	45.9

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	46.04	45.67	46.10	45.56	0.137 times
11 Fri Oct 2024	45.68	45.69	45.79	45.00	0.748 times
04 Fri Oct 2024	45.90	46.97	47.39	45.56	0.647 times
27 Fri Sep 2024	46.92	47.42	47.52	46.53	1.115 times
20 Fri Sep 2024	47.64	47.88	48.68	47.09	1.47 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
14 Mon Oct 2024	46.04	47.19	47.19	45.00	0.34 times
30 Mon Sep 2024	47.20	46.16	48.68	45.77	0.957 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Newjersey Resources ( (NJR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Newjersey Resources ( (NJR) ) based on a short to mid 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 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 Newjersey Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Newjersey Resources in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term and the buying is gaining 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 45.88 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 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.