(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 2024-04-09 View latest technical analysis
10 day averaged volume of Newjersey Resources is 383210
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 42.92 | 43.10 | 43.31 | 42.73 | 0.634 times |
08 Mon Apr 2024 | 42.93 | 42.86 | 43.20 | 42.78 | 0.688 times |
05 Fri Apr 2024 | 42.78 | 42.64 | 42.93 | 42.22 | 1.093 times |
04 Thu Apr 2024 | 42.91 | 43.07 | 43.25 | 42.53 | 1.157 times |
03 Wed Apr 2024 | 42.69 | 42.84 | 42.96 | 42.62 | 0.953 times |
02 Tue Apr 2024 | 43.13 | 42.35 | 43.20 | 42.17 | 1.54 times |
01 Mon Apr 2024 | 42.66 | 42.91 | 42.91 | 42.34 | 0.857 times |
28 Thu Mar 2024 | 42.91 | 42.44 | 43.02 | 42.44 | 1.063 times |
27 Wed Mar 2024 | 42.37 | 41.82 | 42.39 | 41.47 | 1.482 times |
26 Tue Mar 2024 | 41.59 | 42.25 | 42.25 | 41.41 | 0.651 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.9, but if it comes below 42.9, then a intra day sell could be more profitable.
If you take a sell trade below 42.9, then use 42.9 as stoploss and 42.32 as target. However if you take a buy trade in stock , then use 42.9 as stoploss and 43.5 as target.
Share price targets for Newjersey Resources (NJR)
Target Type | Value |
Downside Target | 39.44 |
Downside Target | 40.71 |
Downside Target | 42.73 |
Upside Target | 43.02 |
Upside Target | 43.25 |
Upside Target | 43.31 |
Upside Target | 43.55 |
Upside Target | 45.83 |
Upside Target | 45.87 |
Intraday share price targets for Newjersey Resources (NJR)
Target Type | Value |
Downside Intraday Target | 42.66 |
Downside Intraday Target | 42.41 |
Upside Intraday Target | 43.24 |
Upside Intraday Target | 43.57 |
Upside Intraday Target | 42.99 |
Weekly technical analysis of Newjersey Resources (NJR)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 42.92 | 42.86 | 43.31 | 42.73 | 0.236 times |
05 Fri Apr 2024 | 42.78 | 42.91 | 43.25 | 42.17 | 1.509 times |
28 Thu Mar 2024 | 42.91 | 42.29 | 43.02 | 41.41 | 0.56 times |
22 Fri Mar 2024 | 42.05 | 41.68 | 42.31 | 41.08 | 0.773 times |
15 Fri Mar 2024 | 41.71 | 43.02 | 43.55 | 41.21 | 1.474 times |
Price has moved up 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 Tue Apr 2024 | 42.92 | 42.91 | 43.31 | 42.17 | 0.27 times |
28 Thu Mar 2024 | 42.91 | 41.53 | 43.55 | 40.96 | 0.758 times |
29 Thu Feb 2024 | 41.61 | 40.96 | 42.63 | 39.44 | 1.252 times |
31 Wed Jan 2024 | 40.83 | 44.35 | 45.83 | 40.71 | 0.999 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 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 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 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.
ADX buy sell signal for Newjersey Resources stock for short term is BUY. Signal strength is Weak and stock is gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Newjersey Resources in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 42.73 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.
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 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 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 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.
ADX buy sell signal for Newjersey Resources stock for short term is BUY. Signal strength is Weak and stock is gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Newjersey Resources in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 42.73 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.