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Is NJR likely to continue lower? New Downtrend shows up after gaining 1.01%
NJR finished higher by 1.01% on Friday, August 7th, trading 0.8 times its typical volume. Multiple bearish signals emerged — New Downtrend and Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 54.25, 53.47 & 53.0, with resistance at 55.5, 55.97 & 56.75. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of NJR: B
See all signals and full analysis for NJR on SwingTradeBot.com →
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