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Stock Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

NewJersey Resources Corporation (NYSE:NJR)

Weak Downtrend (-65) - NJR is showing signs of a strengthening downtrend. Monitor NJR as it may be building momentum to the downside.

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.

Open High Low NJR Price Change
41.90 42.28 41.61 42.22 +0.34
Entry Signal

MarketClub’s Trade Triangles for NJR

long term down The long-term trend has been DOWN since May 16th, 2023 at 49.175

intermediate term down The intermediate-term trend has been DOWN since Oct 30th, 2023 at 40.310

short term down The short-term trend has been DOWN since Nov 20th, 2023 at 42.460

Smart Scan Analysis for NJR

Based on our trend formula, NJR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for NJR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.90 42.28 41.61 42.22 +0.34
Prev. Close Volume Bid Ask Time
42.20 213483 2023-11-30 15:59:54
Year High51.83Year High Date2018-11-20
Year Low35.55Year Low Date2018-02-06
52wk High55.8452wk High Date2023-04-12
52wk Low38.9252wk Low Date2023-10-03
Year End Close39.62Average Volume414,993
Shares Outstanding97,708Short Interest2,780,922
% Institutional57.7Market Cap4,080M
P/E Ratio14.3918Beta0.49
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