SOUTH JERSEY INDUSTRIES (SJI)

US8385181081 - Common Stock

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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SJI is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SJI is one of the better performing stocks in the market, outperforming 93% of all stocks.
SJI is part of the Gas Utilities industry. There are 14 other stocks in this industry. SJI outperforms 100% of them.
A new 52 week high is currently being made by SJI, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SJI is leading 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
SJI Weekly chart
SJI Daily 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.

When analyzing the resistance we notice one important 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 trade has a worst case loss of 0.61 points, which is 1.68%.For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
SJI Daily chart

SOUTH JERSEY INDUSTRIES

NYSE:SJI (1/31/2023, 7:04:00 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 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%0.42%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
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 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume18.60M
Volume Incr332.03%
Vol(5)12.95M
Vol(50)3.12M