$54.100
+0.768 (+1.42%)At close
Price Predictions
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NJR Prediction & Forecast by Similar Chart Analysis
Alphio's NJR stock price prediction model matches the current New Jersey Resources Corp tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $52.98 (-2.07%). The 1-week path is $54.28 (+0.34%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy New Jersey Resources Corp Stock?
New Jersey Resources Corp is currently a hold. The stock is priced at $53.60, with an RSI of 34.29 indicating it is oversold, but the forward P/E ratio is 15.58, suggesting it may not be undervalued. The recent insider selling activity, where the COO sold 3,000 shares at $55.63, raises some caution despite the company’s strong revenue of $2.2 billion over the trailing twelve months and a median analyst price target of $61, indicating potential upside. The main risk is the recent decline in stock price, which has dropped 7.41% over the last 20 days, suggesting potential volatility ahead.
NJR stock price ended at $54.10 on Tuesday, after rising +1.42%
New Jersey Resources Corp (NJR) last closed at $54.1, gaining +1.42%. These facts feed the 1-day and 1-week NJR price prediction above.
Analyst Consensus
New Jersey Resources Corp (NJR): 2 buy, 5 hold, 0 sell. Outlook: Hold.
Sell / Buy
Technical signals summary based on buy and sell indicators. The gauge shows the overall market view.
Forecast Drivers
New Jersey Resources Corp (NJR) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bullish
SMA 20
Bearish
SMA 200
Bullish
Similar Chart Patterns
Stocks whose recent price path most closely matches NJR, ranked by similarity.
Seasonality analysis for NJR
Historically the probability of a positive September return for NJR is 90.48%. September offers the highest probability of a positive month at 90.48%, while June is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.