Is New Jersey Resources Corp. technically bullish or bearish?

Jun 25 2025 08:16 AM IST
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As of June 13, 2025, New Jersey Resources Corp. is in a bearish trend with moderate strength, indicated by bearish MACD, moving averages, and Bollinger Bands, despite a bullish KST signal on the monthly chart.
As of 13 June 2025, the technical trend for New Jersey Resources Corp. has changed from sideways to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish moving averages on the daily timeframe, and a bearish signal from Bollinger Bands on both weekly and monthly charts. The Dow Theory also reflects a mildly bearish outlook on both weekly and monthly timeframes. Although the KST shows a bullish signal on the monthly, the overall technical picture remains bearish.
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