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SOUTH JERSEY INDUSTRIES (SJI) Stock Technical Analysis

NYSE:SJI - New York Stock Exchange, Inc. - US8385181081 - Common Stock - Currency: USD

36.09  -0.02 (-0.06%)

After market: 36.1 +0.01 (+0.03%)

Technical Rating and Analysis

9

Taking everything into account, SJI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SJI has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SJI did better than 93% of all other stocks.
SJI is one of the better performing stocks in the Gas Utilities industry, it outperforms 100% of 14 stocks in the same industry.
SJI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SJI has an average volume of 3119820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SJI has a been trading in a tight range between 35.20 and 36.13.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
SOUTH JERSEY INDUSTRIES / SJI Weekly stock chart
SOUTH JERSEY INDUSTRIES / SJI Daily stock chart
Setup Rating and Analysis

8

SJI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 36.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.98, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

32.74

36.64

2 important support areas can be observed.

  • A support zone ranging from 34.44 to 35.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 33.07 to 33.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 36.12 to 36.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.31
Mansfield0.46
10 Day High36.13
10 Day Low35.69
20 Day High36.13
20 Day Low35.2
52 Week High36.13
52 Week Low23.14
Performance
1 Week0.53%
2 Weeks1.04%
1 Month1.58%
3 Month4.52%
6 Month4.58%
12 Month44.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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
RSI(14)67.91
LBB35.62
UBB36.21
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
36.2935.680.61 (1.68%)25.00%
An entry @36.29. This is a Buy Stop order right above the resistance zone.An exit @35.68. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.61 points, which is 1.68%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SOUTH JERSEY INDUSTRIES / SJI Daily stock chart

SOUTH JERSEY INDUSTRIES

NYSE:SJI (1/31/2023, 8:04:00 PM)

After market: 36.1 +0.01 (+0.03%)

36.09

-0.02 (-0.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.06%
1 Week0.53%
2 Weeks1.04%
1 Month1.58%
3 Month4.52%
6 Month4.58%
12 Month44.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.42%
ATR Inc-69.13%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.31
Mansfield0.46
10 Day High36.13
10 Day Low35.69
20 Day High36.13
20 Day Low35.2
52 Week High36.13
52 Week Low23.14
CS1 End35.98
CR1 Start36.12
Volume & EV
DER(3)-0.56%
DER(5)-2.1%
Volume18.60M
Volume Incr332.03%
Vol(5)12.95M
Vol(50)3.12M