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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 2024-10-09 View latest technical analysis

10 day averaged volume of Newjersey Resources is 468010

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	45.46	45.07	45.79	45.07	0.819 times
08 Tue Oct 2024	45.19	45.35	45.62	45.12	0.543 times
07 Mon Oct 2024	45.32	45.69	45.72	45.08	0.768 times
04 Fri Oct 2024	45.90	45.85	46.04	45.56	0.669 times
03 Thu Oct 2024	45.96	46.22	46.24	45.84	0.582 times
02 Wed Oct 2024	46.27	46.53	46.66	46.09	0.887 times
01 Tue Oct 2024	46.86	47.19	47.19	46.60	1.316 times
30 Mon Sep 2024	47.20	46.97	47.39	46.92	1.061 times
27 Fri Sep 2024	46.92	46.96	47.10	46.71	1.296 times
26 Thu Sep 2024	46.60	46.98	47.07	46.53	1.352 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45.9, but if it comes above 45.9, then a intra day buy could be more profitable.
If you take a sell trade below 45.9, then use 45.9 as stoploss and 44.9 as target. However if you take a buy trade in stock , then use 45.9 as stoploss and 46.81 as target.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	41.68
Downside Target	44.72
Upside Target	47.09
Upside Target	47.19
Upside Target	47.34
Upside Target	47.37
Upside Target	47.39
Upside Target	47.52
Upside Target	47.64
Upside Target	48.68

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	45.09
Downside Intraday Target	44.72
Upside Intraday Target	45.81
Upside Intraday Target	46.16
Downside Intraday Target	45.44

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	45.46	45.69	45.79	45.07	0.472 times
04 Fri Oct 2024	45.90	46.97	47.39	45.56	0.647 times
27 Fri Sep 2024	46.92	47.42	47.52	46.53	1.115 times
20 Fri Sep 2024	47.64	47.88	48.68	47.09	1.47 times
13 Fri Sep 2024	47.63	45.99	47.64	45.77	1.47 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 Newjersey Resources (NJR)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	45.46	47.19	47.19	45.07	0.26 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
31 Wed Jul 2024	46.75	42.86	47.34	41.68	0.805 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 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 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 Newjersey Resources stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Newjersey Resources in short term and the sell signal is strong.

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

CCI has generated a buy signal for Newjersey Resources in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 46.34 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.