NEW JERSEY RESOURCES CORP (NJR) Stock Technical Analysis
NYSE:NJR • US6460251068
We assign a technical rating of 8 out of 10 to NJR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NJR is only an average performer.
- The long and short term trends are both positive. This is looking good!
- NJR is part of the Gas Utilities industry. There are 14 other stocks in this industry. NJR outperforms 76% of them.
- NJR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NJR has a been trading in the 47.29 - 54.70 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, NJR turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
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
43.85
3 important support areas can be observed.
- Support @51.75 from a horizontal line in the daily time frame.
- A support zone ranging from 47.59 to 48.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 44.29 to 45.23. 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 54.15 to 54.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NJR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NJR is up. |
| ChartMill Relative Strength | 68.59 | NEUTRAL | NJR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NJR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NJR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NJR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.68 | OVERBOUGHT | The high RSI value suggests NJR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests NJR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.4 | OVERBOUGHT | The high Stochastics value suggests NJR may be overbought. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for NJR suggests low volalility. |
| Average Directional Index/ADX (14) | 44.47 | POSITIVE | The high ADX value value for NJR suggests a strong trend. |
NYSE:NJR (2/18/2026, 1:45:20 PM)
53.2
-0.96 (-1.77%)
NEW JERSEY RESOURCES CORP / NJR FAQ
What is the technical rating for NJR stock?
ChartMill assigns a technical rating of 8 / 10 to NJR.
What is the trend direction for NJR stock?
The current trend direction for NEW JERSEY RESOURCES CORP (NJR) is Bullish.
What is the RSI signal for NEW JERSEY RESOURCES CORP (NJR) stock?
NEW JERSEY RESOURCES CORP (NJR) has an RSI value of 79.6805. This indicates that the stock is currently overbought.
Can you provide the MACD signal for NEW JERSEY RESOURCES CORP?
The MACD indicator for NEW JERSEY RESOURCES CORP (NJR) has a value of 0.29002, indicating a bearish trend.
Can you provide the short term momentum for NEW JERSEY RESOURCES CORP?
The short term momentum for NEW JERSEY RESOURCES CORP (NJR) is positive.