(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 2024-12-13 View latest technical analysis
10 day averaged volume of Newjersey Resources is 520847
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 47.55 | 47.56 | 47.84 | 47.38 | 0.653 times |
| 12 Thu Dec 2024 | 47.83 | 48.51 | 48.64 | 47.83 | 1.015 times |
| 11 Wed Dec 2024 | 47.87 | 48.31 | 48.40 | 47.86 | 1.116 times |
| 10 Tue Dec 2024 | 48.73 | 48.39 | 49.01 | 47.88 | 0.984 times |
| 09 Mon Dec 2024 | 48.53 | 49.13 | 49.18 | 48.36 | 0.99 times |
| 26 Tue Nov 2024 | 50.71 | 50.57 | 51.42 | 49.19 | 1.142 times |
| 26 Tue Nov 2024 | 50.71 | 50.57 | 51.42 | 49.19 | 1.142 times |
| 25 Mon Nov 2024 | 51.50 | 51.20 | 51.80 | 51.09 | 1.124 times |
| 22 Fri Nov 2024 | 51.04 | 50.00 | 51.16 | 49.93 | 0.908 times |
| 21 Thu Nov 2024 | 49.85 | 49.09 | 49.98 | 48.91 | 0.884 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 47.2 as stoploss in an intra day buy trade for a target of 48.59. However, stock will show a bearish move below 47.2.
Share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Target | 42.33 |
| Downside Target | 44.78 |
| Downside Target | 46.92 |
| Upside Target | 49.18 |
| Upside Target | 49.19 |
| Upside Target | 51.16 |
| Upside Target | 51.42 |
| Upside Target | 51.80 |
Intraday share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Intraday Target | 46.89 |
| Downside Intraday Target | 46.24 |
| Upside Intraday Target | 48.69 |
| Upside Intraday Target | 49.84 |
| Upside Intraday Target | 48.04 |
Weekly technical analysis of Newjersey Resources (NJR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 47.55 | 49.13 | 49.18 | 47.38 | 4.167 times |
| 26 Tue Nov 2024 | 50.71 | 50.57 | 51.42 | 49.19 | 0.504 times |
| 26 Tue Nov 2024 | 50.71 | 51.20 | 51.80 | 49.19 | 0.58 times |
| 22 Fri Nov 2024 | 51.04 | 47.88 | 51.16 | 47.84 | 0.845 times |
| 15 Fri Nov 2024 | 48.01 | 47.07 | 48.38 | 46.92 | 0.752 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 |
| 13 Fri Dec 2024 | 47.55 | 49.13 | 49.18 | 47.38 | 0.252 times |
| 26 Tue Nov 2024 | 50.71 | 45.92 | 51.80 | 44.78 | 1.222 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 |
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Newjersey Resources in short term but the sell signal is initial and weak.
Newjersey Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newjersey Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 49.52 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Newjersey Resources in short term but the sell signal is initial and weak.
Newjersey Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newjersey Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 49.52 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.