(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 2024-08-14 View latest technical analysis
10 day averaged volume of Newjersey Resources is 564074
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 44.68 | 44.52 | 44.90 | 44.31 | 0.613 times |
| 13 Tue Aug 2024 | 44.61 | 44.37 | 44.81 | 44.15 | 1.052 times |
| 12 Mon Aug 2024 | 44.12 | 44.41 | 44.44 | 43.89 | 0.555 times |
| 09 Fri Aug 2024 | 44.46 | 44.20 | 44.55 | 43.88 | 0.554 times |
| 08 Thu Aug 2024 | 44.14 | 44.54 | 44.63 | 44.07 | 0.666 times |
| 07 Wed Aug 2024 | 44.37 | 44.08 | 44.57 | 43.70 | 1.273 times |
| 06 Tue Aug 2024 | 43.50 | 42.41 | 44.84 | 42.33 | 1.525 times |
| 05 Mon Aug 2024 | 45.00 | 46.42 | 46.49 | 44.78 | 1.21 times |
| 02 Fri Aug 2024 | 46.80 | 46.56 | 47.15 | 46.19 | 0.846 times |
| 01 Thu Aug 2024 | 46.92 | 46.94 | 47.37 | 46.33 | 0.836 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 44.5 as stoploss in an intra day buy trade for a target of 45.63. However, stock will show a bearish move below 44.5.
Share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Target | 40.62 |
| Downside Target | 41.58 |
| Downside Target | 43.89 |
| Upside Target | 45.40 |
| Upside Target | 46.19 |
| Upside Target | 46.49 |
| Upside Target | 46.68 |
| Upside Target | 47.05 |
| Upside Target | 47.34 |
| Upside Target | 47.37 |
Intraday share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Intraday Target | 44.08 |
| Downside Intraday Target | 43.48 |
| Upside Intraday Target | 45.09 |
| Upside Intraday Target | 45.5 |
| Downside Intraday Target | 44.49 |
Weekly technical analysis of Newjersey Resources (NJR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 44.68 | 44.41 | 44.90 | 43.89 | 0.425 times |
| 09 Fri Aug 2024 | 44.46 | 46.42 | 46.49 | 42.33 | 1.21 times |
| 02 Fri Aug 2024 | 46.80 | 47.05 | 47.37 | 46.19 | 0.984 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 |
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 |
| 14 Wed Aug 2024 | 44.68 | 46.94 | 47.37 | 42.33 | 0.502 times |
| 31 Wed Jul 2024 | 46.75 | 42.86 | 47.34 | 41.68 | 0.805 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Newjersey Resources in short term but the sell signal is initial and weak.
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. Bears are weakening, and bulls 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 but BUY signal is weak.
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 44.79 and Newjersey Resources (NJR) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Newjersey Resources in short term but the sell signal is initial and weak.
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. Bears are weakening, and bulls 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 but BUY signal is weak.
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 44.79 and Newjersey Resources (NJR) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.