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(NFE) New Fortress complete technical analysis [charts+indicators] | Buy/Sell New Fortress | (NFE) share price targets

Complete technical analysis of New Fortress (NFE) by charts plus indicators, forecast predictions and share price targets for New Fortress (NFE)

New Fortress trades in USA in Public Utilities sector.

Showing technical analysis as on 2024-09-05 View latest technical analysis

10 day averaged volume of New Fortress is 3251239

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	11.61	11.78	12.13	11.46	0.837 times
04 Wed Sep 2024	11.55	11.61	12.27	11.47	0.744 times
03 Tue Sep 2024	11.68	12.10	12.17	11.32	1.329 times
30 Fri Aug 2024	12.32	12.31	12.56	12.13	0.815 times
30 Fri Aug 2024	12.32	12.31	12.56	12.13	0.815 times
29 Thu Aug 2024	12.38	12.12	12.51	11.81	0.867 times
28 Wed Aug 2024	12.10	12.80	13.01	11.75	1.359 times
27 Tue Aug 2024	12.90	13.16	13.26	12.80	0.913 times
26 Mon Aug 2024	13.15	13.16	13.40	12.70	1.083 times
23 Fri Aug 2024	12.90	12.77	13.09	12.75	1.271 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.1, but if it comes above 12.1, then a intra day buy could be more profitable.
If you take a sell trade below 12.1, then use 12.1 as stoploss and 11.3 as target. However if you take a buy trade in stock , then use 12.1 as stoploss and 12.77 as target.

Share price targets for New Fortress (NFE)

Target Type	Value
Downside Target	11.32
Upside Target	11.75
Upside Target	12.13
Upside Target	12.54
Upside Target	12.97
Upside Target	13.40
Upside Target	15.05
Upside Target	19.03
Upside Target	19.72
Upside Target	20.45
Upside Target	24.13
Upside Target	25.55
Upside Target	26.22
Upside Target	29.11

Intraday share price targets for New Fortress (NFE)

Target Type	Value
Downside Intraday Target	11.2
Downside Intraday Target	10.78
Upside Intraday Target	12.15
Upside Intraday Target	12.68
Upside Intraday Target	11.73

Weekly technical analysis of New Fortress (NFE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	11.61	12.10	12.27	11.32	3.569 times
30 Fri Aug 2024	12.32	12.31	12.56	12.13	0.162 times
30 Fri Aug 2024	12.32	13.16	13.40	11.75	0.926 times
23 Fri Aug 2024	12.90	13.14	13.54	12.54	0.591 times
16 Fri Aug 2024	13.05	13.20	15.05	12.97	0.91 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of New Fortress (NFE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	11.61	12.10	12.27	11.32	0.088 times
30 Fri Aug 2024	12.32	19.72	19.72	11.75	1.684 times
31 Wed Jul 2024	19.74	22.10	26.22	19.03	1.4 times
28 Fri Jun 2024	21.98	25.35	25.55	20.45	1.114 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 New Fortress (NFE)

Price action analysis of New Fortress ( (NFE) ) based on a short 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 New Fortress ( (NFE) ) 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 New Fortress ( (NFE) ) based on a mid to longer 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.

ADX buy sell signal for New Fortress stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for New Fortress in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

New Fortress Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for New Fortress in short term and SELL signal is strong!

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 New Fortress is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.31 and New Fortress (NFE) 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 New Fortress (NFE) stock. Volume based technical analysis of New Fortress (NFE) stock is negative.

New Fortress Stock has given negative 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.