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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 2025-01-17 View latest technical analysis

10 day averaged volume of Newjersey Resources is 578190

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	47.33	47.47	47.73	47.06	1.43 times
17 Fri Jan 2025	47.33	47.47	47.73	47.06	1.43 times
16 Thu Jan 2025	47.41	46.46	47.43	46.32	1.288 times
15 Wed Jan 2025	46.47	46.75	47.08	46.05	1.048 times
14 Tue Jan 2025	46.00	45.71	46.09	45.51	0.883 times
13 Mon Jan 2025	45.65	45.21	45.71	44.90	1.011 times
10 Fri Jan 2025	45.25	45.79	45.98	44.97	0.865 times
08 Wed Jan 2025	46.42	45.27	46.45	45.27	0.871 times
08 Wed Jan 2025	46.42	45.27	46.45	45.27	0.871 times
07 Tue Jan 2025	45.66	45.60	46.11	45.40	0.882 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 47, but if it comes below 47, then a intra day sell could be more profitable.
If you take a sell trade below 47, then use 47 as stoploss and 46.45 as target. However if you take a buy trade in stock , then use 47 as stoploss and 47.7 as target.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	44.78
Downside Target	47.06
Downside Target	47.14
Upside Target	47.65
Upside Target	47.73
Upside Target	48.68
Upside Target	49.18
Upside Target	51.80

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	47.02
Downside Intraday Target	46.7
Upside Intraday Target	47.69
Upside Intraday Target	48.04
Upside Intraday Target	47.37

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	47.33	47.47	47.73	47.06	0.253 times
17 Fri Jan 2025	47.33	45.21	47.73	44.90	3.262 times
10 Fri Jan 2025	45.25	45.27	46.45	44.97	0.666 times
08 Wed Jan 2025	46.42	46.53	46.73	45.27	1.059 times
03 Fri Jan 2025	46.74	46.44	47.14	46.05	1.024 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
17 Fri Jan 2025	47.33	46.78	47.73	44.90	0.863 times
31 Tue Dec 2024	46.65	49.13	49.18	45.39	0.863 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

Scroll below to view daily charts

Price has moved up 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 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 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Newjersey Resources stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Newjersey Resources 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.

Newjersey Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Newjersey Resources in short term

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 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 46.52 and Newjersey Resources (NJR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.