Technical Analysis for NJR - NewJersey Resources Corporation

Grade Last Price % Change Price Change
A 43.34 0.09% 0.04
NJR closed up 0.09 percent on Friday, April 26, 2024, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 2
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Sell Signal Bearish 0.09%
Golden Cross Bullish 0.09%
Inside Day Range Contraction 0.09%
Overbought Stochastic Strength 0.09%
Pocket Pivot Bullish Swing Setup -0.82%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 19 hours ago
Up 1% about 20 hours ago
Rose Above Previous Day's High about 21 hours ago
Possible Inside Day 1 day ago
Down 1% 2 days ago

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Profile

NewJersey Resources Corporation Description

New Jersey Resources Corporation, an energy services holding company, provides retail and wholesale energy services. The company operates in four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Energy Holdings. The Natural Gas Distribution segment provides natural gas service to residential and commercial customers in central and northern New Jersey; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests, owns, and operates renewable energy projects, such as commercial and residential solar projects, and on-shore wind investments located in the state of New Jersey. The Energy Services segment maintains and transacts a portfolio of natural gas storage and transportation positions; and provides wholesale energy and energy management services. The Energy Holdings segment invests in natural gas transportation and storage assets. The company also provides unregulated retail operations; heating, ventilation, and cooling service repair and contract services to approximately 134,900 customers, as well as solar installation projects; holds and develops commercial real estate properties; provides plumbing repair and installation services; and makes and holds energy-related investments. As of September 30, 2012, it owned 27 acres of undeveloped land in Monmouth County and a 56,400 square-foot office building on 5 acres of land; and 52 acres of undeveloped land in Atlantic county. New Jersey Resources Corporation was founded in 1922 and is based in Wall, New Jersey.


Classification

Sector: Utilities
Industry: Utilities - Regulated Gas
Keywords: Real Estate Properties Plumbing Cooling Energy Services Clean Energy Natural Gas Storage Natural Gas Distribution Installation Services Sustainable Energy Energy Management Energy Projects Gas Transportation Renewable Energy Projects Undeveloped Land Natural Gas Transportation Contract Services Natural Gas Service Retail Operations Energy Management Services Igs Energy

Is NJR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 51.0383
52 Week Low 38.177
Average Volume 466,624
200-Day Moving Average 42.07
50-Day Moving Average 42.14
20-Day Moving Average 42.64
10-Day Moving Average 42.73
Average True Range 0.77
RSI (14) 58.85
ADX 14.47
+DI 26.77
-DI 18.87
Chandelier Exit (Long, 3 ATRs) 41.62
Chandelier Exit (Short, 3 ATRs) 42.94
Upper Bollinger Bands 44.11
Lower Bollinger Band 41.16
Percent B (%b) 0.74
BandWidth 6.93
MACD Line 0.34
MACD Signal Line 0.21
MACD Histogram 0.1253
Fundamentals Value
Market Cap 4.26 Billion
Num Shares 98.3 Million
EPS 2.43
Price-to-Earnings (P/E) Ratio 17.84
Price-to-Sales 2.38
Price-to-Book 1.96
PEG Ratio 2.04
Dividend 1.62
Dividend Yield 3.74%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.52
Resistance 3 (R3) 44.59 44.26 44.32
Resistance 2 (R2) 44.26 43.96 44.23 44.26
Resistance 1 (R1) 43.80 43.78 44.03 43.73 44.19
Pivot Point 43.48 43.48 43.59 43.44 43.48
Support 1 (S1) 43.02 43.18 43.25 42.95 42.49
Support 2 (S2) 42.69 42.99 42.66 42.42
Support 3 (S3) 42.23 42.69 42.36
Support 4 (S4) 42.16