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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 2024-10-23 View latest technical analysis

10 day averaged volume of Newjersey Resources is 334990

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	46.76	46.67	46.96	46.44	0.963 times
22 Tue Oct 2024	46.80	46.46	46.86	46.26	0.834 times
21 Mon Oct 2024	46.61	47.14	47.17	46.36	1.011 times
18 Fri Oct 2024	47.02	47.08	47.11	46.79	1.174 times
17 Thu Oct 2024	47.01	47.40	47.46	46.69	0.952 times
16 Wed Oct 2024	47.64	47.00	47.65	46.82	1.345 times
15 Tue Oct 2024	46.61	46.22	47.09	46.19	1.151 times
14 Mon Oct 2024	46.04	45.67	46.10	45.56	0.646 times
11 Fri Oct 2024	45.68	45.24	45.76	45.21	0.7 times
10 Thu Oct 2024	45.22	45.33	45.43	45.00	1.042 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 47.1 as stoploss in an intra day sell trade for a target of 46.35. However, stock will show a bullish move above 47.1.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	41.68
Downside Target	44.72
Downside Target	46.53
Upside Target	47.17
Upside Target	47.34
Upside Target	47.37
Upside Target	47.39
Upside Target	47.52
Upside Target	47.65
Upside Target	48.68

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	46.29
Downside Intraday Target	45.82
Upside Intraday Target	47.2
Upside Intraday Target	47.64
Downside Intraday Target	46.73

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	46.76	47.14	47.17	46.26	0.533 times
18 Fri Oct 2024	47.02	45.67	47.65	45.56	1.117 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

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
23 Wed Oct 2024	46.76	47.19	47.65	45.00	0.588 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 red color and prices are in or above the red cloud Prices appear to be coming down

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 46.62 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.