NEW JERSEY RESOURCES CORP (NJR) Stock Technical Analysis
NYSE:NJR - New York Stock Exchange, Inc. - US6460251068 - Common Stock - Currency: USD
Overall NJR gets a technical rating of 1 out of 10. NJR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
NJR is part of the Gas Utilities industry. There are 14 other stocks in this industry, of which 69% are performing better than NJR.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, NJR outperforms 67% of them, which is more or less in line with the market.
NJR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NJR is lagging the market slightly.
In the last month NJR has a been trading in the 45.04 - 50.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NJR has a poor technical rating and the quality of the setup is also not perfect 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
40.21
52.14
We found 2 important support areas.
- A support zone ranging from 45.06 to 45.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.62 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 47.27 to 49.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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
CRS67.95
Mansfield-0.45
10 Day High50.77
10 Day Low45.04
20 Day High50.77
20 Day Low45.04
52 Week High51.95
52 Week Low41.58
Performance
1 Week-1.42%
2 Weeks-5.88%
1 Month-6.29%
3 Month2.06%
6 Month-2.92%
12 Month5.67%
2 Year-3.8%
3 Year1.5%
5 Year32.72%
10 Year55.01%
15 Year162.96%
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)-0.32
RSI(14)39.23
LBB45.12
UBB50.47
47.08
+0.47 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg1.01%
1 Week-1.42%
2 Weeks-5.88%
1 Month-6.29%
3 Month2.06%
6 Month-2.92%
12 Month5.67%
2 Year-3.8%
3 Year1.5%
5 Year32.72%
10 Year55.01%
15 Year162.96%
Volatility
ATR(14)1
ATR(20)%2.09%
ATR Inc-31.24%
Range Today0.66
ADR(20)0.96
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.95
Mansfield-0.45
10 Day High50.77
10 Day Low45.04
20 Day High50.77
20 Day Low45.04
52 Week High51.95
52 Week Low41.58
CS1 End45.57
CR1 Start47.27
Volume & EV
DER(3)2.16%
DER(5)2.67%
Volume510.02K
Volume Incr10.18%
Vol(5)677.48K
Vol(50)715.49K