(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 2024-03-18 View latest technical analysis
10 day averaged volume of Pnm Resources is 881060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 36.95 | 36.54 | 37.16 | 36.13 | 1.553 times |
| 15 Fri Mar 2024 | 36.70 | 36.49 | 36.98 | 36.49 | 1.703 times |
| 14 Thu Mar 2024 | 36.63 | 36.71 | 36.92 | 36.26 | 0.859 times |
| 13 Wed Mar 2024 | 36.92 | 37.39 | 37.82 | 36.66 | 0.976 times |
| 12 Tue Mar 2024 | 37.40 | 37.61 | 37.61 | 37.18 | 0.551 times |
| 11 Mon Mar 2024 | 37.71 | 37.69 | 38.11 | 37.66 | 0.587 times |
| 08 Fri Mar 2024 | 37.69 | 37.84 | 37.96 | 37.29 | 0.915 times |
| 07 Thu Mar 2024 | 37.74 | 37.74 | 37.91 | 37.26 | 1.647 times |
| 06 Wed Mar 2024 | 37.17 | 37.62 | 37.93 | 37.01 | 0.734 times |
| 05 Tue Mar 2024 | 37.39 | 37.99 | 38.22 | 37.21 | 0.821 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 36.9 as stoploss in an intra day buy trade for a target of 37.36. However, stock will show a bearish move below 36.9.
Share price targets for Pnm Resources (PNM)
| Target Type | Value |
| Downside Target | 34.63 |
| Downside Target | 35.95 |
| Upside Target | 38.02 |
| 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 | 36.33 |
| Downside Intraday Target | 35.72 |
| Upside Intraday Target | 37.36 |
| Upside Intraday Target | 37.78 |
| Downside Intraday Target | 36.75 |
Weekly technical analysis of Pnm Resources (PNM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 36.95 | 36.54 | 37.16 | 36.13 | 0.332 times |
| 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 |
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 |
| 18 Mon Mar 2024 | 36.95 | 36.51 | 38.22 | 35.95 | 0.443 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
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 37.19 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 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
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 37.19 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.