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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.

10 day averaged volume of Newjersey Resources is 405400

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	43.44	43.39	43.73	43.26	1.091 times
22 Mon Apr 2024	43.53	43.29	43.75	42.95	1.257 times
19 Fri Apr 2024	43.36	42.19	43.39	42.19	1.111 times
18 Thu Apr 2024	42.19	41.64	42.41	41.52	1.697 times
17 Wed Apr 2024	41.55	41.53	41.84	41.30	0.905 times
16 Tue Apr 2024	41.28	41.29	41.37	40.62	0.943 times
15 Mon Apr 2024	41.58	41.85	42.05	41.20	0.951 times
12 Fri Apr 2024	41.79	41.82	42.11	41.55	0.692 times
11 Thu Apr 2024	41.87	42.07	42.07	41.34	0.877 times
10 Wed Apr 2024	41.79	42.12	42.12	41.40	0.968 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.1, but if it comes below 43.1, then a intra day sell could be more profitable.
If you take a sell trade below 43.1, then use 43.1 as stoploss and 42.46 as target. However if you take a buy trade in stock , then use 43.1 as stoploss and 44 as target.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	39.44
Downside Target	40.62
Downside Target	43.02
Downside Target	43.25
Downside Target	43.31
Downside Target	43.39
Upside Target	43.55
Upside Target	43.75
Upside Target	45.83
Upside Target	45.87

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	43.01
Downside Intraday Target	42.58
Upside Intraday Target	43.81
Upside Intraday Target	44.18
Downside Intraday Target	43.38

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	43.44	43.29	43.75	42.95	0.419 times
19 Fri Apr 2024	43.36	41.85	43.39	40.62	1.48 times
12 Fri Apr 2024	41.79	42.86	43.31	41.34	0.716 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

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
23 Tue Apr 2024	43.44	42.91	43.75	40.62	0.702 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 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 stronger in this stock.

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 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 42.32 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.