(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 2024-09-16 View latest technical analysis
10 day averaged volume of Newjersey Resources is 391386
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 48.00 | 47.88 | 48.22 | 47.75 | 1.534 times |
| 13 Fri Sep 2024 | 47.63 | 46.81 | 47.64 | 46.70 | 1.211 times |
| 12 Thu Sep 2024 | 46.44 | 46.33 | 46.69 | 46.25 | 1.061 times |
| 11 Wed Sep 2024 | 46.29 | 46.71 | 46.72 | 45.87 | 1.084 times |
| 10 Tue Sep 2024 | 46.94 | 46.37 | 46.96 | 46.18 | 0.785 times |
| 09 Mon Sep 2024 | 46.21 | 45.99 | 46.26 | 45.77 | 0.951 times |
| 06 Fri Sep 2024 | 46.03 | 46.59 | 46.68 | 46.02 | 0.931 times |
| 05 Thu Sep 2024 | 46.40 | 46.67 | 46.75 | 46.28 | 0.81 times |
| 04 Wed Sep 2024 | 46.32 | 46.53 | 46.74 | 46.09 | 0.836 times |
| 03 Tue Sep 2024 | 46.31 | 46.16 | 46.54 | 46.16 | 0.887 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 47.6, for a target of 46.9 or 46.27
Share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Target | 41.58 |
| Downside Target | 44.72 |
| Downside Target | 46.34 |
| Downside Target | 46.63 |
| Downside Target | 46.75 |
| Downside Target | 47.34 |
| Downside Target | 47.37 |
| Downside Target | 47.64 |
| Downside Target | 47.75 |
| Upside Target | 48.22 |
Intraday share price targets for Newjersey Resources (NJR)
| Target Type | Value |
| Downside Intraday Target | 47.76 |
| Downside Intraday Target | 47.52 |
| Upside Intraday Target | 48.23 |
| Upside Intraday Target | 48.46 |
| Downside Intraday Target | 47.99 |
Weekly technical analysis of Newjersey Resources (NJR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 48.00 | 47.88 | 48.22 | 47.75 | 0.301 times |
| 13 Fri Sep 2024 | 47.63 | 45.99 | 47.64 | 45.77 | 1.47 times |
| 06 Fri Sep 2024 | 46.03 | 46.16 | 46.75 | 46.02 | 2.399 times |
| 30 Fri Aug 2024 | 46.31 | 45.85 | 46.34 | 45.68 | 0.255 times |
| 30 Fri Aug 2024 | 46.31 | 46.30 | 46.63 | 45.33 | 1.166 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 Mon Sep 2024 | 48.00 | 46.16 | 48.22 | 45.77 | 0.377 times |
| 30 Fri Aug 2024 | 46.31 | 46.94 | 47.37 | 42.33 | 1.022 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 |
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 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 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 stronger in this stock.
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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 46.76 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 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 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 stronger in this stock.
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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 46.76 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.