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Is NJR preparing to trend higher? Crossed Above 20 Day Moving Average shows up after advancing 0.71%
NJR posted a 0.71% gain on Monday, October 20th, accompanied by 0.7× normal trading volume. Multiple bullish signals emerged — Crossed Above 20 DMA, 50 DMA Support & MACD Bullish Signal Line Cross — suggesting potential strength ahead. Key support levels exist at 46.64, 46.25 & 46.02, with resistance at 47.27, 47.5 & 47.89.
Current SwingTradeBot Technical Rating of NJR: C
There’s more where that came from. See all of today’s signals for NJR here.
Read full article here »