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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 2024-12-30 View latest technical analysis

10 day averaged volume of Newjersey Resources is 563742

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	46.53	46.44	46.77	46.08	0.494 times
27 Fri Dec 2024	46.52	46.38	46.75	46.23	0.684 times
26 Thu Dec 2024	46.71	46.57	46.82	46.38	0.808 times
24 Tue Dec 2024	46.83	46.40	46.84	46.27	0.209 times
23 Mon Dec 2024	46.40	46.46	46.46	45.90	0.763 times
20 Fri Dec 2024	46.51	45.84	46.70	45.78	2.507 times
19 Thu Dec 2024	46.03	45.60	46.48	45.45	0.926 times
18 Wed Dec 2024	45.40	47.39	47.62	45.39	0.953 times
17 Tue Dec 2024	47.52	47.44	47.92	47.18	1.454 times
16 Mon Dec 2024	47.67	47.71	48.03	47.47	1.093 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 46.2 as stoploss in an intra day buy trade for a target of 48.02. However, stock will show a bearish move below 46.2.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	42.33
Downside Target	44.78
Upside Target	47.38
Upside Target	47.65
Upside Target	48.03
Upside Target	48.68
Upside Target	49.18
Upside Target	49.19
Upside Target	51.42
Upside Target	51.80

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	46.15
Downside Intraday Target	45.77
Upside Intraday Target	46.84
Upside Intraday Target	47.15
Downside Intraday Target	46.46

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	46.53	46.44	46.77	46.08	0.201 times
27 Fri Dec 2024	46.52	46.46	46.84	45.90	0.355 times
20 Fri Dec 2024	46.51	47.71	48.03	45.39	1.577 times
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

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
30 Mon Dec 2024	46.53	49.13	49.18	45.39	0.819 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 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 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 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 SELL. 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.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up 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 46.65 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.