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NJR forms 200 Day Moving Average Support on October 8

NewJersey Resources Corporation (NJR) — SwingTradeBot Technical Analysis Report · Oct 8, 2025, 17:53 ET
NJR closed down 0.15% on Wednesday, October 8th, with volume running 1.1× above average. Mixed technical signals appeared with 200 DMA Support and Hammer Candlestick suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 45.77, 45.06 & 44.57, with resistance at 46.97, 47.46 & 48.17.

Current SwingTradeBot Technical Rating of NJR: D

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NewJersey Resources Corporation (NJR)