Newjersey Resources Stock Momentum Indicators Average Directional Movement Index

NJR Stock  USD 49.85  1.06  2.17%   
NewJersey Resources momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against NewJersey Resources. NewJersey Resources value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of NewJersey Resources are pattern recognition functions that provide distinct formation on NewJersey Resources potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirty-nine with a total number of output elements of twenty-two. The average directional index (ADX) measures the strength of a prevailing trend of NewJersey Resources and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low NewJersey Resources ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

NewJersey Resources Technical Analysis Modules

Most technical analysis of NewJersey Resources help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for NewJersey from various momentum indicators to cycle indicators. When you analyze NewJersey charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About NewJersey Resources Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NewJersey Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of NewJersey Resources based on widely used predictive technical indicators. In general, we focus on analyzing NewJersey Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NewJersey Resources's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of NewJersey Resources's intrinsic value. In addition to deriving basic predictive indicators for NewJersey Resources, we also check how macroeconomic factors affect NewJersey Resources price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03430.03830.0440.0397
Price To Sales Ratio1.282.011.811.9
Hype
Prediction
LowEstimatedHigh
48.8549.8350.81
Details
Intrinsic
Valuation
LowRealHigh
47.5748.5554.84
Details
Naive
Forecast
LowNextHigh
49.2450.2251.20
Details
8 Analysts
Consensus
LowTargetHigh
44.0748.4353.76
Details

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Additional Tools for NewJersey Stock Analysis

When running NewJersey Resources' price analysis, check to measure NewJersey Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewJersey Resources is operating at the current time. Most of NewJersey Resources' value examination focuses on studying past and present price action to predict the probability of NewJersey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewJersey Resources' price. Additionally, you may evaluate how the addition of NewJersey Resources to your portfolios can decrease your overall portfolio volatility.