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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 2024-04-08 View latest technical analysis

10 day averaged volume of Newjersey Resources is 404200

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	42.93	42.86	43.20	42.78	0.653 times
05 Fri Apr 2024	42.78	42.64	42.93	42.22	1.036 times
04 Thu Apr 2024	42.91	43.07	43.25	42.53	1.097 times
03 Wed Apr 2024	42.69	42.84	42.96	42.62	0.904 times
02 Tue Apr 2024	43.13	42.35	43.20	42.17	1.46 times
01 Mon Apr 2024	42.66	42.91	42.91	42.34	0.812 times
28 Thu Mar 2024	42.91	42.44	43.02	42.44	1.008 times
27 Wed Mar 2024	42.37	41.82	42.39	41.47	1.405 times
26 Tue Mar 2024	41.59	42.25	42.25	41.41	0.617 times
25 Mon Mar 2024	42.08	42.29	42.39	41.96	0.489 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.9, but if it comes below 42.9, then a intra day sell could be more profitable.
If you take a sell trade below 42.9, then use 42.9 as stoploss and 42.35 as target. However if you take a buy trade in stock , then use 42.9 as stoploss and 43.6 as target.

Share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Target	39.44
Downside Target	40.71
Downside Target	42.78
Upside Target	43.02
Upside Target	43.20
Upside Target	43.25
Upside Target	43.55
Upside Target	45.83
Upside Target	45.87

Intraday share price targets for Newjersey Resources (NJR)

Target Type	Value
Downside Intraday Target	42.74
Downside Intraday Target	42.55
Upside Intraday Target	43.16
Upside Intraday Target	43.39
Upside Intraday Target	42.97

Weekly technical analysis of Newjersey Resources (NJR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	42.93	42.86	43.20	42.78	0.123 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
22 Fri Mar 2024	42.05	41.68	42.31	41.08	0.773 times
15 Fri Mar 2024	41.71	43.02	43.55	41.21	1.474 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
08 Mon Apr 2024	42.93	42.91	43.25	42.17	0.245 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 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 42.68 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.