(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 2024-03-15 View latest technical analysis
10 day averaged volume of Pnm Resources is 981390
Date | Daily Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 36.70 | 36.49 | 36.98 | 36.49 | 1.529 times |
14 Thu Mar 2024 | 36.63 | 36.71 | 36.92 | 36.26 | 0.771 times |
13 Wed Mar 2024 | 36.92 | 37.39 | 37.82 | 36.66 | 0.877 times |
12 Tue Mar 2024 | 37.40 | 37.61 | 37.61 | 37.18 | 0.495 times |
11 Mon Mar 2024 | 37.71 | 37.69 | 38.11 | 37.66 | 0.527 times |
08 Fri Mar 2024 | 37.69 | 37.84 | 37.96 | 37.29 | 0.821 times |
07 Thu Mar 2024 | 37.74 | 37.74 | 37.91 | 37.26 | 1.479 times |
06 Wed Mar 2024 | 37.17 | 37.62 | 37.93 | 37.01 | 0.659 times |
05 Tue Mar 2024 | 37.39 | 37.99 | 38.22 | 37.21 | 0.737 times |
04 Mon Mar 2024 | 37.88 | 36.67 | 38.14 | 36.63 | 1.083 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36.9, but if it comes above 36.9, then a intra day buy could be more profitable.
If you take a sell trade below 36.9, then use 36.9 as stoploss and 36.4 as target. However if you take a buy trade in stock , then use 36.9 as stoploss and 37.38 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 | 35.94 |
Downside Intraday Target | 35.17 |
Upside Intraday Target | 37.79 |
Upside Intraday Target | 38.87 |
Upside Intraday Target | 37.02 |
Weekly technical analysis of Pnm Resources (PNM)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 36.70 | 37.69 | 38.11 | 36.26 | 0.879 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 |
15 Fri Mar 2024 | 36.70 | 36.51 | 38.22 | 35.95 | 0.395 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 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 Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) 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 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 SELL signal for Pnm Resources in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Pnm Resources in short term but BUY signal is weak.
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
Stock of Pnm 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 37.31 and Pnm Resources (PNM) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 Pnm Resources ( (PNM) ) 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 Pnm Resources ( (PNM) ) 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 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 SELL signal for Pnm Resources in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Pnm Resources in short term but BUY signal is weak.
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
Stock of Pnm 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 37.31 and Pnm Resources (PNM) stock is trading below this level. This means that stock is falling with high volumes. 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 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.