NJR New Jersey Resources Corp Forecast, Technical & Fundamental Analysis

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where NJR's RSI Oscillator exited the oversold zone, 15 of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 48%.

The Momentum Indicator moved above the 0 level on October 09, 2026. You may want to consider a long position or call options on NJR as a result. In 41 of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 45%.

The Moving Average Convergence Divergence (MACD) for NJR just turned positive on October 02, 2026. Looking at past instances where NJR's MACD turned positive, the stock continued to rise in 25 of 48 cases over the following month. The odds of a continued upward trend are 52%.

NJR moved above its 50-day moving average on October 22, 2026 date and that indicates a change from a downward trend to an upward trend.

Following a +2.02% 3-day Advance, the price is estimated to grow further. Considering data from situations where NJR advanced for three days, in 154 of 322 cases, the price rose further within the following month. The odds of a continued upward trend are 48%.

The Aroon Indicator entered an Uptrend today. In 127 of 243 cases where NJR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 52%.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 50-day moving average for NJR moved below the 200-day moving average on October 08, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NJR declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 44%.

NJR broke above its upper Bollinger Band on October 22, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is 14 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is 26 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 45, placing this stock better than average.

The Tickeron Price Growth Rating for this company is 47 (best 1 - 100 worst), indicating fairly steady price growth. NJR’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.080) is normal, around the industry mean (1.452). P/E Ratio (14.926) is within average values for comparable stocks, (17.910). Projected Growth (PEG Ratio) (2.119) is also within normal values, averaging (1.861). Dividend Yield (0.037) settles around the average of (0.036) among similar stocks. P/S Ratio (2.431) is also within normal values, averaging (2.205).

The Tickeron SMR rating for this company is 58 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.