NEW JERSEY RESOURCES CORP (NJR) Stock Technical Analysis
NYSE:NJR - New York Stock Exchange, Inc. - US6460251068 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to NJR. Both in the recent history as in the last year, NJR has proven to be a steady performer, scoring decent points in every aspect analyzed.
NJR is part of the Gas Utilities industry. There are 14 other stocks in this industry, of which 61% are performing better than NJR.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, NJR did better than 72% of all other stocks. On top of that, NJR also shows a nice and consistent pattern of rising prices. However, NJR's most recent performance is quite weak.
NJR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month NJR has a been trading in the 45.20 - 49.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NJR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
40.38
52.14
3 important support areas can be observed.
- A support zone ranging from 46.92 to 47.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.42 to 46.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.79 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @49.01 from a trend line in the daily time frame.
- A resistance zone ranging from 51.59 to 51.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.63
Mansfield0.21
10 Day High49.43
10 Day Low46.88
20 Day High49.43
20 Day Low45.2
52 Week High51.95
52 Week Low40.62
Performance
1 Week-1.22%
2 Weeks1.9%
1 Month1.79%
3 Month-2.83%
6 Month3.82%
12 Month11.09%
2 Year-10.17%
3 Year4.21%
5 Year40.68%
10 Year53.86%
15 Year154.47%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)53.19
LBB45.98
UBB49.27
47.79
+0.39 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.82%
1 Week-1.22%
2 Weeks1.9%
1 Month1.79%
3 Month-2.83%
6 Month3.82%
12 Month11.09%
2 Year-10.17%
3 Year4.21%
5 Year40.68%
10 Year53.86%
15 Year154.47%
Volatility
ATR(14)0.84
ATR(20)%1.74%
ATR Inc33.29%
Range Today0.93
ADR(20)0.81
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.63
Mansfield0.21
10 Day High49.43
10 Day Low46.88
20 Day High49.43
20 Day Low45.2
52 Week High51.95
52 Week Low40.62
CS1 End47.18
CR1 Start49.01
Volume & EV
DER(3)1.1%
DER(5)0.96%
Volume645.20K
Volume Incr5.95%
Vol(5)592.44K
Vol(50)522.27K