(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.
10 day averaged volume of Pnm Resources is 757100
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 37.45 | 37.14 | 37.53 | 37.02 | 0.523 times |
26 Tue Mar 2024 | 36.91 | 37.00 | 37.00 | 36.60 | 0.754 times |
25 Mon Mar 2024 | 36.85 | 37.28 | 37.36 | 36.74 | 0.419 times |
22 Fri Mar 2024 | 37.17 | 37.38 | 37.52 | 37.15 | 0.933 times |
21 Thu Mar 2024 | 37.19 | 37.28 | 37.42 | 36.95 | 0.708 times |
20 Wed Mar 2024 | 37.07 | 36.62 | 37.14 | 36.61 | 0.725 times |
19 Tue Mar 2024 | 36.80 | 37.01 | 37.25 | 36.63 | 0.536 times |
18 Mon Mar 2024 | 36.95 | 36.54 | 37.16 | 36.13 | 1.807 times |
15 Fri Mar 2024 | 36.70 | 36.49 | 36.98 | 36.49 | 1.982 times |
14 Thu Mar 2024 | 36.63 | 36.71 | 36.92 | 36.26 | 1 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 37.5 as stoploss in an intra day sell trade for a target of 37.15. However, stock will show a bullish move above 37.5.
Share price targets for Pnm Resources (PNM)
Target Type | Value |
Downside Target | 34.63 |
Downside Target | 35.95 |
Upside Target | 37.52 |
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 | 36.86 |
Downside Intraday Target | 36.26 |
Upside Intraday Target | 37.79 |
Upside Intraday Target | 38.12 |
Downside Intraday Target | 37.19 |
Weekly technical analysis of Pnm Resources (PNM)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 37.45 | 37.28 | 37.53 | 36.60 | 0.36 times |
22 Fri Mar 2024 | 37.17 | 36.54 | 37.52 | 36.13 | 0.865 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 |
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 |
27 Wed Mar 2024 | 37.45 | 36.51 | 38.22 | 35.95 | 0.564 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 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 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 Weak and stock is losing 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 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 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 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 36.92 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 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 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 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 Weak and stock is losing 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 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 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 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 36.92 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.