(PNM) Pnm Resources complete technical analysis [charts+indicators] | Buy/Sell Pnm Resources | (PNM) share price targets
Complete technical analysis of Pnm Resources (PNM) by charts plus indicators, forecast predictions and share price targets for Pnm Resources (PNM)
Pnm Resources trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-03-07 View latest technical analysis
10 day averaged volume of Pnm Resources is 1283880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 37.74 | 37.74 | 37.91 | 37.26 | 1.13 times |
| 06 Wed Mar 2024 | 37.17 | 37.62 | 37.93 | 37.01 | 0.504 times |
| 05 Tue Mar 2024 | 37.39 | 37.99 | 38.22 | 37.21 | 0.563 times |
| 04 Mon Mar 2024 | 37.88 | 36.67 | 38.14 | 36.63 | 0.828 times |
| 01 Fri Mar 2024 | 36.80 | 36.51 | 37.34 | 35.95 | 1.95 times |
| 29 Thu Feb 2024 | 36.51 | 37.81 | 38.09 | 36.29 | 2.359 times |
| 28 Wed Feb 2024 | 37.61 | 38.05 | 38.15 | 37.48 | 0.961 times |
| 27 Tue Feb 2024 | 38.02 | 37.30 | 38.05 | 37.02 | 0.816 times |
| 26 Mon Feb 2024 | 37.04 | 37.53 | 37.60 | 36.73 | 0.722 times |
| 23 Fri Feb 2024 | 37.74 | 37.58 | 38.01 | 37.38 | 0.696 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 37.8 as stoploss in an intra day sell trade for a target of 37.34. However, stock will show a bullish move above 37.8.
Share price targets for Pnm Resources (PNM)
| Target Type | Value |
| Downside Target | 34.63 |
| Downside Target | 35.95 |
| Upside Target | 38.15 |
| Upside Target | 38.22 |
| Upside Target | 39.67 |
| Upside Target | 41.44 |
| Upside Target | 41.50 |
| Upside Target | 43.31 |
| Upside Target | 43.70 |
Intraday share price targets for Pnm Resources (PNM)
| Target Type | Value |
| Downside Intraday Target | 36.84 |
| Downside Intraday Target | 35.94 |
| Upside Intraday Target | 38.43 |
| Upside Intraday Target | 39.12 |
| Downside Intraday Target | 37.53 |
Weekly technical analysis of Pnm Resources (PNM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 37.74 | 36.67 | 38.22 | 36.63 | 0.444 times |
| 01 Fri Mar 2024 | 36.80 | 37.53 | 38.15 | 35.95 | 2.546 times |
| 23 Fri Feb 2024 | 37.74 | 37.46 | 38.02 | 37.09 | 0.47 times |
| 16 Fri Feb 2024 | 37.46 | 37.00 | 37.65 | 36.07 | 0.745 times |
| 09 Fri Feb 2024 | 36.99 | 35.26 | 37.34 | 34.63 | 1.965 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 Pnm Resources (PNM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 37.74 | 36.51 | 38.22 | 35.95 | 0.223 times |
| 29 Thu Feb 2024 | 36.51 | 35.80 | 38.15 | 34.63 | 0.504 times |
| 31 Wed Jan 2024 | 36.23 | 38.64 | 39.67 | 35.17 | 3.414 times |
| 29 Fri Dec 2023 | 41.60 | 41.70 | 43.31 | 41.50 | 1.616 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 Pnm Resources (PNM)
Price action analysis of Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) 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 Pnm Resources stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Pnm Resources 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.
Pnm 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. Bulls are getting tired and bears 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 Pnm Resources in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 Pnm 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 37.22 and Pnm Resources (PNM) 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 Pnm Resources (PNM) stock. Volume based technical analysis of Pnm Resources (PNM) stock is negative.
Pnm 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 Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) 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 Pnm Resources stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Pnm Resources 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.
Pnm 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. Bulls are getting tired and bears 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 Pnm Resources in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 Pnm 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 37.22 and Pnm Resources (PNM) 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 Pnm Resources (PNM) stock. Volume based technical analysis of Pnm Resources (PNM) stock is negative.
Pnm 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.