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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 2024-11-06 View latest technical analysis

10 day averaged volume of Newjersey Resources is 372200

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	46.94	46.65	47.65	46.64	2.818 times
05 Tue Nov 2024	45.69	44.91	45.80	44.78	1.073 times
04 Mon Nov 2024	45.17	44.99	45.56	44.83	1.2 times
01 Fri Nov 2024	45.23	45.92	46.06	45.15	1.109 times
31 Thu Oct 2024	45.89	46.20	46.54	45.84	1.538 times
30 Wed Oct 2024	46.27	46.39	46.73	46.21	0.963 times
29 Tue Oct 2024	46.13	46.00	46.25	45.76	0.847 times
28 Mon Oct 2024	46.39	46.28	46.65	46.00	0.645 times
25 Fri Oct 2024	46.00	46.70	46.70	45.94	0.936 times
24 Thu Oct 2024	46.42	46.93	46.99	46.24	0.821 times

Stock of Newjersey Resources (NJR) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.9, but if it comes below 46.9, then a intra day sell could be more profitable.
If you take a sell trade below 46.9, then use 46.9 as stoploss and 46.28 as target. However if you take a buy trade in stock , then use 46.9 as stoploss and 47.7 as target.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	41.68
Downside Target	44.78
Downside Target	46.73
Upside Target	47.17
Upside Target	47.34
Upside Target	47.37
Upside Target	47.65
Upside Target	48.68

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	45.26
Downside Intraday Target	43.59
Upside Intraday Target	48.13
Upside Intraday Target	49.33
Downside Intraday Target	46.46

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	46.94	44.99	47.65	44.78	0.998 times
01 Fri Nov 2024	45.23	46.28	46.73	45.15	1.191 times
25 Fri Oct 2024	46.00	47.14	47.17	45.94	0.904 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

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
06 Wed Nov 2024	46.94	45.92	47.65	44.78	0.287 times
31 Thu Oct 2024	45.89	47.19	47.65	45.00	0.801 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

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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Newjersey Resources stock for short term is BUY. 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.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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 46.11 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.