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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)

Showing technical analysis as on 2023-03-22 View latest technical analysis

10 day averaged volume of Newlight is 3130

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	15.40	14.22	15.40	14.22	2.349 times
21 Tue Mar 2023	14.55	13.91	14.55	13.91	0.875 times
20 Mon Mar 2023	14.80	14.42	14.80	14.05	1.191 times
17 Fri Mar 2023	15.39	15.39	15.39	13.81	1.518 times
16 Thu Mar 2023	14.67	14.68	15.50	13.78	1.929 times
15 Wed Mar 2023	14.68	13.24	14.68	13.24	2.31 times
14 Tue Mar 2023	14.68	13.82	14.68	13.00	0.423 times
13 Mon Mar 2023	13.35	13.20	14.00	13.20	0.658 times
10 Fri Mar 2023	14.45	14.49	14.49	13.72	0.305 times
09 Thu Mar 2023	14.24	13.66	14.65	13.66	0.536 times

Stock of Newlight (Newlight) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.2, but if it comes below 15.2, then a intra day sell could be more profitable.
If you take a sell trade below 15.2, then use 15.2 as stoploss and 14.58 as target. However if you take a buy trade in stock , then use 15.2 as stoploss and 16 as target.

Share price targets for Newlight (Newlight)

Target Type	Value
Downside Target	12.55
Downside Target	13.00
Downside Target	13.57
Downside Target	13.91
Downside Target	14.85
Downside Target	15.35
Downside Target	15.40
Upside Target	15.50
Upside Target	15.60
Upside Target	15.90
Upside Target	15.95
Upside Target	16.00
Upside Target	16.10

Intraday share price targets for Newlight (Newlight)

Target Type	Value
Downside Intraday Target	14.41
Downside Intraday Target	13.41
Upside Intraday Target	15.9
Upside Intraday Target	16.39
Downside Intraday Target	14.9

Weekly technical analysis of Newlight (Newlight)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	15.40	14.42	15.40	13.91	0.646 times
17 Fri Mar 2023	15.39	13.20	15.50	13.00	4.231 times
10 Fri Mar 2023	14.45	14.85	14.85	13.62	0.467 times
03 Fri Mar 2023	14.95	15.95	15.95	13.57	1.279 times
24 Fri Feb 2023	14.85	15.00	15.00	12.55	0.557 times

Price has moved up 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
22 Wed Mar 2023	15.40	14.10	15.60	13.00	1.043 times
28 Tue Feb 2023	14.75	16.10	16.10	12.55	0.67 times
31 Tue Jan 2023	15.54	14.01	16.00	13.30	0.497 times
30 Fri Dec 2022	14.01	14.45	15.90	13.30	1.447 times

Scroll below to view daily charts

Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Newlight ( (Newlight) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Newlight ( (Newlight) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY signal for Newlight in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Newlight Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Newlight in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 14.81 and Newlight (Newlight) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Newlight Stock is giving positive 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.