Newjersey Resources Stock Forecast

Buy candidate since Jul 09, 2026 Gain 0.85%

The NewJersey Resources Corporation stock price gained 0.85% on the last trading day (Friday, 10th Jul 2026), rising from $57.88 to $58.37. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.17% from a day low at $57.84 to a day high of $58.52. The price has risen in 7 of the last 10 days and is up by 2.95% over the past 2 weeks. Volume fell on the last day by -10 thousand shares and in total, 303 thousand shares were bought and sold for approximately $17.70 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stockis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $58.50 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect NewJersey Resources Corporation stock with a 90% probability to be traded between $54.41 and $59.05 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

NJR Signals & Forecast

Mostly positive signals in the chart today. The NewJersey Resources Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $57.32 and $55.96. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, June 30, 2026, and so far it has risen 4.16%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for NewJersey Resources Corporation stock

NewJersey Resources Corporation finds support from accumulated volume at $57.61 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.675 (1.17%) between high and low. For the last week, the stock has had daily average volatility of 2.09%.

Our recommended stop-loss: $55.99 (-4.08%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (NJR) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect NewJersey Resources Corporation to open at $58.24, and during the day (based on 14 day Average True Range), to move between $57.74 and $59.00, which gives a possible trading interval of +/-$1.25 (+/-2.17%) up or down from last closing price. If NewJersey Resources Corporation takes out the full calculated possible swing range there will be an estimated 2.17% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $57.61, some $0.760 (1.30%) from the current price of $58.37, our system finds the risk reward attractive.

Is NewJersey Resources Corporation stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for NewJersey Resources Corporation stock to perform well in the short-term period. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 2.806 Buy Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on July 13, 2026 - $58.24 ( 0.220%).

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