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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 2024-07-16 View latest technical analysis

10 day averaged volume of Newjersey Resources is 370520

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	45.62	44.79	45.77	44.39	1.603 times
15 Mon Jul 2024	44.50	44.78	44.91	44.23	1.624 times
12 Fri Jul 2024	44.68	44.50	45.03	44.38	1.267 times
11 Thu Jul 2024	44.17	43.01	44.25	42.81	1.499 times
10 Wed Jul 2024	42.58	42.36	42.68	42.15	0.897 times
09 Tue Jul 2024	42.12	42.03	42.26	41.68	0.874 times
08 Mon Jul 2024	42.03	42.33	42.64	41.98	0.989 times
05 Fri Jul 2024	42.26	42.22	42.51	42.17	0.8 times
03 Wed Jul 2024	42.36	42.69	42.93	42.35	0.478 times
03 Wed Jul 2024	42.36	42.69	42.93	42.35	0.478 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 45.1, for a target of 43.8 or 42.83

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	40.62
Downside Target	43.06
Downside Target	43.55
Downside Target	43.94
Downside Target	44.23
Downside Target	44.72
Downside Target	45.03
Downside Target	45.12
Upside Target	45.77

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	44.64
Downside Intraday Target	43.67
Upside Intraday Target	46.18
Upside Intraday Target	46.75
Downside Intraday Target	45.21

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	45.62	44.78	45.77	44.23	0.584 times
12 Fri Jul 2024	44.68	42.33	45.03	41.68	4.324 times
05 Fri Jul 2024	42.26	42.69	42.93	42.17	0.458 times
03 Wed Jul 2024	42.36	42.86	43.06	42.20	0.238 times
28 Fri Jun 2024	42.74	42.12	42.98	42.00	2.328 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
16 Tue Jul 2024	45.62	42.86	45.77	41.68	0.373 times
28 Fri Jun 2024	42.74	43.75	44.72	41.70	1.301 times
31 Fri May 2024	43.46	43.98	45.12	41.58	1.033 times
30 Tue Apr 2024	43.69	42.91	43.94	40.62	0.965 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 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 Strong 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 moving up

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

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 43.69 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.