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Stock Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
NewJersey Resources Corporation (NYSE:NJR)
Long-Term Downtrend (-90) - NJR is in a strong downtrend that is likely to continue. While NJR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NJR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NJR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NJR
The long-term trend has been DOWN since Feb 5th, 2024 at 40.42
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 41.34
The short-term trend has been DOWN since Apr 10th, 2024 at 42.22
Smart Scan Analysis for NJR
Based on our trend formula, NJR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 41.850 | 42.050 | 41.200 | 41.575 | -0.215 |
| Prev. Close | Volume | Bid | Ask | Time |
| 41.580 | 224879 | 2024-04-15 15:59:51 |
| Year High | 51.83 | Year High Date | 2018-11-20 |
| Year Low | 35.55 | Year Low Date | 2018-02-06 |
| 52wk High | 54.58 | 52wk High Date | 2023-04-14 |
| 52wk Low | 38.92 | 52wk Low Date | 2023-10-03 |
| Year End Close | 39.62 | Average Volume | 461,342 |
| Shares Outstanding | 98,304 | Short Interest | 2,780,922 |
| % Institutional | 57.7 | Market Cap | 4,080M |
| Assets | 674,904,800M | Liabilities | 468,284,700M |
| P/E Ratio | 17.1271 | Beta | 0.49 |
| Volatility | 22.17 |