(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 2024-02-09 View latest technical analysis
10 day averaged volume of Newjersey Resources is 736270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 41.28 | 41.02 | 41.47 | 41.02 | 1.069 times |
| 08 Thu Feb 2024 | 41.15 | 40.41 | 41.18 | 40.34 | 0.979 times |
| 07 Wed Feb 2024 | 40.50 | 41.03 | 41.13 | 40.40 | 0.993 times |
| 06 Tue Feb 2024 | 40.91 | 41.38 | 41.72 | 40.20 | 1.619 times |
| 05 Mon Feb 2024 | 39.48 | 40.50 | 40.50 | 39.44 | 1.71 times |
| 02 Fri Feb 2024 | 40.80 | 40.92 | 41.27 | 40.48 | 0.92 times |
| 01 Thu Feb 2024 | 41.46 | 40.96 | 41.62 | 40.83 | 0.648 times |
| 31 Wed Jan 2024 | 40.83 | 41.92 | 42.05 | 40.71 | 1.158 times |
| 30 Tue Jan 2024 | 41.66 | 42.04 | 42.14 | 41.65 | 0.85 times |
| 29 Mon Jan 2024 | 42.10 | 41.70 | 42.11 | 41.34 | 0.528 times |
My analysis of stock is bearish for shortterm, and stock might move down till 40.8 or till 39.9. Use a stoploss of 41.51 and if the stock hits stoploss, then it can shoot up till 42.26
Share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Target | 38.92 |
| Downside Target | 40.42 |
| Upside Target | 42.14 |
| Upside Target | 42.74 |
| Upside Target | 42.85 |
| Upside Target | 42.93 |
| Upside Target | 43.49 |
| Upside Target | 43.67 |
| Upside Target | 43.84 |
| Upside Target | 45.83 |
| Upside Target | 45.87 |
Intraday share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Intraday Target | 39.91 |
| Downside Intraday Target | 38.53 |
| Upside Intraday Target | 42.19 |
| Upside Intraday Target | 43.09 |
| Downside Intraday Target | 40.81 |
Weekly technical analysis of Newjersey Resources (NJR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 41.28 | 40.50 | 41.72 | 39.44 | 1.552 times |
| 02 Fri Feb 2024 | 40.80 | 41.70 | 42.14 | 40.48 | 1.099 times |
| 26 Fri Jan 2024 | 41.54 | 42.00 | 42.93 | 41.53 | 1.96 times |
| 19 Fri Jan 2024 | 41.73 | 42.70 | 42.74 | 41.15 | 4.673 times |
| 12 Fri Jan 2024 | 42.93 | 43.49 | 43.67 | 42.85 | 0.149 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 |
| 09 Fri Feb 2024 | 41.28 | 40.96 | 41.72 | 39.44 | 0.564 times |
| 31 Wed Jan 2024 | 40.83 | 44.35 | 45.83 | 40.71 | 0.999 times |
| 29 Fri Dec 2023 | 44.58 | 42.11 | 45.87 | 41.93 | 1.183 times |
| 30 Thu Nov 2023 | 42.20 | 40.75 | 43.49 | 40.42 | 0.717 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Newjersey Resources ( (NJR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Newjersey Resources in short term and BUY 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
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 40.83 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 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.
Price action analysis of Newjersey Resources ( (NJR) ) based on a short 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.
Price action analysis of Newjersey Resources ( (NJR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Newjersey Resources in short term and BUY 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
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 40.83 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 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.