(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 2024-03-13 View latest technical analysis
10 day averaged volume of Pnm Resources is 1245960
Date | Daily Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 36.92 | 37.39 | 37.82 | 36.66 | 0.69 times |
12 Tue Mar 2024 | 37.40 | 37.61 | 37.61 | 37.18 | 0.39 times |
11 Mon Mar 2024 | 37.71 | 37.69 | 38.11 | 37.66 | 0.415 times |
08 Fri Mar 2024 | 37.69 | 37.84 | 37.96 | 37.29 | 0.647 times |
07 Thu Mar 2024 | 37.74 | 37.74 | 37.91 | 37.26 | 1.165 times |
06 Wed Mar 2024 | 37.17 | 37.62 | 37.93 | 37.01 | 0.519 times |
05 Tue Mar 2024 | 37.39 | 37.99 | 38.22 | 37.21 | 0.58 times |
04 Mon Mar 2024 | 37.88 | 36.67 | 38.14 | 36.63 | 0.853 times |
01 Fri Mar 2024 | 36.80 | 36.51 | 37.34 | 35.95 | 2.01 times |
29 Thu Feb 2024 | 36.51 | 37.81 | 38.09 | 36.29 | 2.431 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37, but if it comes above 37, then a intra day buy could be more profitable.
If you take a sell trade below 37, then use 37 as stoploss and 36.5 as target. However if you take a buy trade in stock , then use 37 as stoploss and 37.44 as target.
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 | 36.35 |
Downside Intraday Target | 35.78 |
Upside Intraday Target | 37.8 |
Upside Intraday Target | 38.68 |
Upside Intraday Target | 37.23 |
Weekly technical analysis of Pnm Resources (PNM)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 36.92 | 37.69 | 38.11 | 36.66 | 0.397 times |
08 Fri Mar 2024 | 37.69 | 36.67 | 38.22 | 36.63 | 0.537 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 |
Price has moved down 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 |
13 Wed Mar 2024 | 36.92 | 36.51 | 38.22 | 35.95 | 0.316 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pnm Resources ( (PNM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pnm Resources ( (PNM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Pnm Resources in short term but the buy signal is initial and weak.
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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Pnm Resources 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 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 37.12 and Pnm Resources (PNM) 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 Pnm Resources (PNM) stock. Volume based technical analysis of Pnm Resources (PNM) stock is negative.
Pnm Resources Stock has given negative 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pnm Resources ( (PNM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Pnm Resources ( (PNM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Pnm Resources in short term but the buy signal is initial and weak.
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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Pnm Resources 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 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 37.12 and Pnm Resources (PNM) 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 Pnm Resources (PNM) stock. Volume based technical analysis of Pnm Resources (PNM) stock is negative.
Pnm Resources Stock has given negative 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.