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Stock Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

NewJersey Resources Corporation (NYSE:NJR)

Countertrend Up (+85) - NJR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NYSE_NJR
Open High Low NJR Price Change
46.460 46.855 46.260 46.805 +0.195
Entry Signal

MarketClub’s Trade Triangles for NJR

long term up The long-term trend has been UP since May 1st, 2024 at 43.940

intermediate term up The intermediate-term trend has been UP since Oct 16th, 2024 at 47.515

short term down The short-term trend has been DOWN since Oct 21st, 2024 at 46.690

Smart Scan Analysis for NJR

Based on our trend formula, NJR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NJR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.460 46.855 46.260 46.805 +0.195
Prev. Close Volume Bid Ask Time
46.610 192830 2024-10-22 15:57:31
Year High51.83Year High Date2018-11-20
Year Low35.55Year Low Date2018-02-06
52wk High48.6852wk High Date2024-09-17
52wk Low39.4452wk Low Date2024-02-05
Year End Close39.62Average Volume424,514
Shares Outstanding99,168Short Interest2,780,922
% Institutional57.7Market Cap4,080M
Assets678,412,100MLiabilities464,110,300M
P/E Ratio19.5021Beta0.49
Volatility22.17
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