Chart pattern
NJR chart pattern — New Jersey Resources
2 formations detected on the latest close (Nov 06, 2026).
Inverse Head and Shoulders · Daily candles
BullishForming
Last close$54.34
Trigger$56.63 (+4.2%)
Pattern spanAug 10, 2026 → 63 bars
Touches5
Fit score88/100
Three troughs with the middle one deepest — the classic bottoming pattern. Trigger: A close above the neckline, ideally on rising volume. Invalidation: A close below the right shoulder, and certainly below the head.
Falling Wedge · Weekly candles
BullishForming
Last close$54.34
Trigger$56.63 (+4.2%)
Upper boundary$56.63
Lower boundary$48.81
Pattern spanJun 05, 2026 → 22 bars
Touches4
Fit score72/100
Price sliding lower inside two falling lines that are closing together — a decline losing its force. Trigger: A close above the falling upper boundary. Invalidation: A close below the lower boundary, which says the decline has reaccelerated rather than exhausted.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.