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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 2024-07-29 View latest technical analysis

10 day averaged volume of Newjersey Resources is 522234

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	46.61	47.05	47.05	46.45	0.698 times
26 Fri Jul 2024	47.00	47.02	47.05	46.53	0.603 times
25 Thu Jul 2024	46.58	46.31	47.03	46.27	1.186 times
24 Wed Jul 2024	46.08	46.07	46.44	45.40	1.126 times
23 Tue Jul 2024	45.95	45.93	46.23	45.69	0.915 times
22 Mon Jul 2024	46.05	45.98	46.27	45.69	0.914 times
19 Fri Jul 2024	45.92	46.24	46.24	45.30	0.808 times
18 Thu Jul 2024	46.10	45.85	46.56	45.65	0.792 times
17 Wed Jul 2024	46.10	45.68	46.68	45.26	1.368 times
16 Tue Jul 2024	45.62	44.79	45.77	44.39	1.137 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.4, but if it comes below 46.4, then a intra day sell could be more profitable.
If you take a sell trade below 46.4, then use 46.4 as stoploss and 44.59 as target. However if you take a buy trade in stock , then use 46.4 as stoploss and 48.5 as target.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	40.62
Downside Target	44.72
Downside Target	45.03
Downside Target	45.12
Downside Target	45.40
Downside Target	46.45
Upside Target	46.68
Upside Target	47.05

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	46.36
Downside Intraday Target	46.1
Upside Intraday Target	46.96
Upside Intraday Target	47.3
Upside Intraday Target	46.7

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	46.61	47.05	47.05	46.45	0.147 times
26 Fri Jul 2024	47.00	45.98	47.05	45.40	0.902 times
19 Fri Jul 2024	45.92	44.78	46.68	44.23	1.341 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

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
29 Mon Jul 2024	46.61	42.86	47.05	41.68	0.717 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 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 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 SELL signal for Newjersey Resources in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 46.16 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.