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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 2025-01-31 View latest technical analysis

10 day averaged volume of Newjersey Resources is 553190

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	47.95	47.61	48.14	45.36	2.049 times
30 Thu Jan 2025	47.89	47.54	48.00	47.28	0.758 times
29 Wed Jan 2025	47.03	47.36	47.63	46.82	0.931 times
28 Tue Jan 2025	47.41	47.58	48.18	47.18	0.742 times
27 Mon Jan 2025	47.87	47.25	48.04	46.68	1.355 times
24 Fri Jan 2025	46.87	46.37	46.97	46.31	0.809 times
23 Thu Jan 2025	46.69	46.70	46.77	46.18	0.873 times
22 Wed Jan 2025	46.62	47.43	47.43	46.52	0.903 times
21 Tue Jan 2025	47.79	47.75	48.27	47.64	0.64 times
17 Fri Jan 2025	47.33	47.47	47.73	47.06	1.494 times

Stock of Newjersey Resources (NJR) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 47.6, but if it comes below 47.6, then a intra day sell could be more profitable.
If you take a sell trade below 47.6, then use 47.6 as stoploss and 46.79 as target. However if you take a buy trade in stock , then use 47.6 as stoploss and 48.6 as target.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	44.78
Downside Target	47.65
Downside Target	47.73
Upside Target	48.18
Upside Target	48.27
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	46.15
Downside Intraday Target	44.34
Upside Intraday Target	48.97
Upside Intraday Target	49.98
Downside Intraday Target	47.16

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	47.95	47.25	48.18	45.36	1.81 times
24 Fri Jan 2025	46.87	47.75	48.27	46.18	2.158 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Newjersey Resources (NJR)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	47.95	46.78	48.27	44.90	1.454 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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Newjersey Resources in short term and the buy signal is strong.

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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 47.42 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.