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NJR forms Lower Bollinger Band Walk on August 11
NJR closed up 1.97% on Tuesday, August 11th, with volume running 0.1× below average. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 53.96, 53.18 & 52.73, with resistance at 55.19, 55.64 & 56.42. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of NJR: C
Traders are watching NJR for a reason. See the full signal list.
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