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(NFE) New Fortress complete technical analysis [charts+indicators] | Buy/Sell New Fortress | (NFE) share price targets

Complete technical analysis of New Fortress (NFE) by charts plus indicators, forecast predictions and share price targets for New Fortress (NFE)

New Fortress trades in USA in Public Utilities sector.

Showing technical analysis as on 2024-09-23 View latest technical analysis

10 day averaged volume of New Fortress is 3616500

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	9.90	9.59	10.03	9.17	1.2 times
20 Fri Sep 2024	9.49	10.50	10.50	9.39	1.554 times
19 Thu Sep 2024	10.60	10.88	11.26	10.46	0.942 times
18 Wed Sep 2024	10.63	11.24	11.38	10.60	0.824 times
17 Tue Sep 2024	11.29	12.09	12.31	11.22	0.682 times
16 Mon Sep 2024	12.16	11.93	12.29	11.41	0.8 times
13 Fri Sep 2024	11.77	11.06	11.86	10.94	0.98 times
12 Thu Sep 2024	10.91	10.66	10.92	10.21	0.698 times
11 Wed Sep 2024	10.69	9.77	10.85	9.77	0.895 times
10 Tue Sep 2024	9.75	10.14	10.22	9.44	1.361 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.3, but if it comes above 10.3, then a intra day buy could be more profitable.
If you take a sell trade below 10.3, then use 10.3 as stoploss and 9.2 as target. However if you take a buy trade in stock , then use 10.3 as stoploss and 11.27 as target.

Share price targets for New Fortress (NFE)

Target Type	Value
Downside Target	9.17
Downside Target	9.39
Upside Target	10.03
Upside Target	11.01
Upside Target	11.75
Upside Target	12.13
Upside Target	12.56
Upside Target	19.03
Upside Target	19.72
Upside Target	20.45
Upside Target	24.13
Upside Target	25.55
Upside Target	26.22
Upside Target	29.11

Intraday share price targets for New Fortress (NFE)

Target Type	Value
Downside Intraday Target	9.37
Downside Intraday Target	8.84
Upside Intraday Target	10.23
Upside Intraday Target	10.56
Downside Intraday Target	9.7

Weekly technical analysis of New Fortress (NFE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	9.90	9.59	10.03	9.17	0.25 times
20 Fri Sep 2024	9.49	11.93	12.31	9.39	0.924 times
13 Fri Sep 2024	11.77	10.96	11.86	9.44	1.594 times
06 Fri Sep 2024	11.06	12.10	12.27	11.01	4.452 times
30 Fri Aug 2024	12.32	12.31	12.56	12.13	0.162 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 New Fortress (NFE)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	9.90	12.10	12.31	9.17	0.488 times
30 Fri Aug 2024	12.32	19.72	19.72	11.75	1.684 times
31 Wed Jul 2024	19.74	22.10	26.22	19.03	1.4 times
28 Fri Jun 2024	21.98	25.35	25.55	20.45	1.114 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 New Fortress (NFE)

Price action analysis of New Fortress ( (NFE) ) 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 New Fortress ( (NFE) ) 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 New Fortress ( (NFE) ) 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 New Fortress ( (NFE) ) 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 New Fortress stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for New Fortress in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

New Fortress 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for New Fortress 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

Stock of New Fortress is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.55 and New Fortress (NFE) 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 New Fortress (NFE) stock. Volume based technical analysis of New Fortress (NFE) stock is negative.

New Fortress 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.