(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 2024-10-23 View latest technical analysis
10 day averaged volume of New Fortress is 4441580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 8.32 | 8.68 | 8.68 | 8.22 | 1.089 times |
| 22 Tue Oct 2024 | 8.58 | 8.93 | 9.09 | 8.52 | 1.13 times |
| 21 Mon Oct 2024 | 8.92 | 9.19 | 9.42 | 8.87 | 0.732 times |
| 18 Fri Oct 2024 | 9.16 | 9.16 | 9.30 | 8.95 | 0.607 times |
| 17 Thu Oct 2024 | 9.13 | 9.35 | 9.36 | 8.94 | 1.138 times |
| 16 Wed Oct 2024 | 9.49 | 9.29 | 9.74 | 9.26 | 0.921 times |
| 15 Tue Oct 2024 | 9.16 | 9.51 | 9.65 | 8.90 | 1.483 times |
| 14 Mon Oct 2024 | 9.65 | 9.13 | 9.86 | 8.71 | 1.506 times |
| 11 Fri Oct 2024 | 9.36 | 9.20 | 9.63 | 9.15 | 0.667 times |
| 10 Thu Oct 2024 | 9.30 | 8.99 | 9.44 | 8.85 | 0.817 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 8.3, for a target of 8.8 or 9.2
Share price targets for New Fortress (NFE)
| Target Type | Value |
| Downside Target | 8.20 |
| Upside Target | 8.67 |
| Upside Target | 9.42 |
| Upside Target | 9.86 |
| Upside Target | 10.22 |
| Upside Target | 10.45 |
| Upside Target | 11.32 |
| Upside Target | 11.75 |
| Upside Target | 12.31 |
| Upside Target | 19.03 |
| Upside Target | 19.72 |
| Upside Target | 20.45 |
| Upside Target | 25.55 |
| Upside Target | 26.22 |
Intraday share price targets for New Fortress (NFE)
| Target Type | Value |
| Downside Intraday Target | 7.89 |
| Downside Intraday Target | 7.45 |
| Upside Intraday Target | 9.09 |
| Upside Intraday Target | 9.85 |
| Upside Intraday Target | 8.65 |
Weekly technical analysis of New Fortress (NFE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 8.32 | 9.19 | 9.42 | 8.22 | 0.522 times |
| 18 Fri Oct 2024 | 9.16 | 9.13 | 9.86 | 8.71 | 0.995 times |
| 11 Fri Oct 2024 | 9.36 | 10.09 | 10.45 | 8.67 | 0.346 times |
| 04 Fri Oct 2024 | 10.09 | 9.51 | 11.32 | 8.20 | 3.487 times |
| 27 Fri Sep 2024 | 9.77 | 9.59 | 10.22 | 8.85 | 1.204 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 New Fortress (NFE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 8.32 | 9.31 | 11.32 | 8.22 | 1.623 times |
| 30 Mon Sep 2024 | 9.09 | 12.10 | 12.31 | 8.20 | 0.731 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 |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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.
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 coming down
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 but selling is losing 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 New Fortress is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.11 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.
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 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 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.
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 coming down
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 but selling is losing 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 New Fortress is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.11 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.