Is New Jersey Resources Corp. technically bullish or bearish?

Sep 20 2025 07:06 PM IST
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As of September 11, 2025, New Jersey Resources Corp. shows a neutral trend with mixed signals: a bullish weekly MACD, a mildly bearish monthly MACD, and underperformance against the S&P 500, indicating potential upward movement but concerns for short-term traders.
As of 11 September 2025, the technical trend for New Jersey Resources Corp. has changed from mildly bearish to sideways. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting some upward potential. However, the daily moving averages are mildly bearish, which could be a concern for short-term traders.

In terms of performance, the stock has underperformed the S&P 500 across multiple periods, with a year-to-date return of 0.43% compared to the S&P 500's 12.22%, and a one-year return of -1.76% versus 17.14%. Overall, the current stance is neutral, reflecting the mixed indicators and recent trend change.
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Our weekly and monthly stock recommendations are here
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