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(Newlight) Newlight complete technical analysis [charts+indicators] | Buy/Sell Newlight | (Newlight) share price targets

Complete technical analysis of Newlight (Newlight) by charts plus indicators, forecast predictions and share price targets for Newlight (Newlight)

10 day averaged volume of Newlight is 3518

Date Daily Closing Price Open High Low Volume
10 Fri May 2024 20.01 21.00 21.00 20.01 0.27 times
09 Thu May 2024 20.00 20.42 20.42 19.41 1.649 times
08 Wed May 2024 20.42 22.45 22.45 20.42 0.542 times
07 Tue May 2024 21.49 21.98 21.98 20.19 0.584 times
06 Mon May 2024 21.25 21.00 21.49 20.61 0.218 times
03 Fri May 2024 21.50 21.64 21.64 20.70 0.231 times
02 Thu May 2024 20.65 20.55 20.65 20.55 1.426 times
30 Tue Apr 2024 20.74 20.75 22.29 20.74 0.586 times
29 Mon Apr 2024 21.25 21.85 21.85 21.25 0.32 times
26 Fri Apr 2024 21.85 24.15 24.15 21.85 1.663 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.5, but if it comes above 20.5, then a intra day buy could be more profitable.
If you take a sell trade below 20.5, then use 20.5 as stoploss and 19.4 as target. However if you take a buy trade in stock , then use 20.5 as stoploss and 21.44 as target.

Share price targets for Newlight (Newlight)

Target Type Value
Downside Target 15.00
Downside Target 16.44
Downside Target 17.35
Downside Target 18.50
Downside Target 18.99
Downside Target 19.41
Upside Target 20.50
Upside Target 21.50
Upside Target 22.45
Upside Target 23.87
Upside Target 24.15
Upside Target 27.43

Intraday share price targets for Newlight (Newlight)

Target Type Value
Downside Intraday Target 18.8
Downside Intraday Target 17.58
Upside Intraday Target 21.84
Upside Intraday Target 23.66
Upside Intraday Target 20.62

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
10 Fri May 2024 20.01 21.00 22.45 19.41 1.274 times
03 Fri May 2024 21.50 21.85 22.29 20.55 0.261 times
26 Fri Apr 2024 21.85 21.50 24.15 21.50 1.348 times
19 Fri Apr 2024 21.50 21.24 21.50 20.50 0.752 times
12 Fri Apr 2024 21.90 23.49 23.87 21.90 0.951 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Newlight (Newlight)

Date Monthly Closing Price Open High Low Volume
10 Fri May 2024 20.01 20.55 22.45 19.41 0.13 times
30 Tue Apr 2024 20.74 19.01 24.15 18.99 3.972 times
27 Wed Mar 2024 18.89 17.88 19.60 16.44 0.089 times
29 Thu Feb 2024 17.88 17.95 27.43 17.35 2.377 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Newlight (Newlight)

Price action analysis of Newlight ( (Newlight) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Newlight ( (Newlight) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Newlight ( (Newlight) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Newlight ( (Newlight) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Newlight stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Newlight in short term but the sell signal is initial and weak.

Newlight Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Newlight in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Newlight is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.88 and Newlight (Newlight) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Newlight (Newlight) stock. Volume based technical analysis of Newlight (Newlight) stock is negative.

Newlight Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Newlight ( (Newlight) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Newlight ( (Newlight) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Newlight ( (Newlight) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Newlight ( (Newlight) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Newlight stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Newlight in short term but the sell signal is initial and weak.

Newlight Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Newlight in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Newlight is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.88 and Newlight (Newlight) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Newlight (Newlight) stock. Volume based technical analysis of Newlight (Newlight) stock is negative.

Newlight Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Newlight charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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