Technical Analysis for NJR - NewJersey Resources Corporation

Grade Last Price % Change Price Change
C 44.11 -0.83% -0.37
NJR closed down 0.83 percent on Friday, May 17, 2024, on 80 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Cup with Handle Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
180 Bullish Setup Bullish Swing Setup -0.83%
Cup with Handle Other -0.83%
Bollinger Band Squeeze Range Contraction -0.83%
BB Squeeze Started Range Contraction -0.83%
Cup with Handle Other -0.02%
NR7 Range Contraction -0.02%

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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 48.9073
52 Week Low 38.177
Average Volume 458,797
200-Day Moving Average 42.06
50-Day Moving Average 42.97
20-Day Moving Average 44.05
10-Day Moving Average 44.33
Average True Range 0.73
RSI (14) 55.75
ADX 12.38
+DI 17.78
-DI 21.11
Chandelier Exit (Long, 3 ATRs) 42.93
Chandelier Exit (Short, 3 ATRs) 43.71
Upper Bollinger Bands 45.00
Lower Bollinger Band 43.11
Percent B (%b) 0.53
BandWidth 4.29
MACD Line 0.41
MACD Signal Line 0.48
MACD Histogram -0.0674
Fundamentals Value
Market Cap 4.34 Billion
Num Shares 98.3 Million
EPS 2.43
Price-to-Earnings (P/E) Ratio 18.15
Price-to-Sales 2.38
Price-to-Book 1.96
PEG Ratio 2.04
Dividend 1.62
Dividend Yield 3.67%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.73
Resistance 3 (R3) 44.77 44.61 44.62
Resistance 2 (R2) 44.61 44.45 44.59 44.59
Resistance 1 (R1) 44.36 44.36 44.28 44.32 44.55
Pivot Point 44.20 44.20 44.16 44.18 44.20
Support 1 (S1) 43.95 44.04 43.87 43.91 43.67
Support 2 (S2) 43.79 43.95 43.77 43.63
Support 3 (S3) 43.54 43.79 43.60
Support 4 (S4) 43.50