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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 2023-09-06 View latest technical analysis

10 day averaged volume of Newlight is 2862

Date Daily Closing Price Open High Low Volume
06 Wed Sep 2023 18.50 19.99 19.99 17.99 2.184 times
05 Tue Sep 2023 19.19 18.51 20.63 18.51 0.82 times
04 Mon Sep 2023 19.88 18.67 20.00 18.67 2.112 times
01 Fri Sep 2023 19.30 19.31 19.40 19.30 0.323 times
31 Thu Aug 2023 19.95 20.00 20.00 19.95 0.075 times
30 Wed Aug 2023 19.98 20.99 20.99 19.98 0.208 times
29 Tue Aug 2023 20.15 18.78 20.15 18.78 0.517 times
28 Mon Aug 2023 19.60 18.56 19.80 18.56 1.823 times
25 Fri Aug 2023 18.50 20.00 20.00 18.01 2.628 times
24 Thu Aug 2023 19.25 19.99 19.99 19.25 0.452 times

Stock of Newlight (Newlight) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19, but if it comes above 19, then a intra day buy could be more profitable.
If you take a sell trade below 19, then use 19 as stoploss and 18 as target. However if you take a buy trade in stock , then use 19 as stoploss and 19.9 as target.

Share price targets for Newlight (Newlight)

Target Type Value
Downside Target 17.00
Downside Target 17.76
Upside Target 20.63
Upside Target 20.90
Upside Target 20.99
Upside Target 21.65
Upside Target 21.80
Upside Target 22.85
Upside Target 22.95
Upside Target 23.00

Intraday share price targets for Newlight (Newlight)

Target Type Value
Downside Intraday Target 17.45
Downside Intraday Target 16.4
Upside Intraday Target 20.09
Upside Intraday Target 21.68
Upside Intraday Target 19.04

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
06 Wed Sep 2023 18.50 18.67 20.63 17.99 1.737 times
01 Fri Sep 2023 19.30 18.56 20.99 18.56 0.587 times
25 Fri Aug 2023 18.50 19.25 21.80 18.01 0.513 times
18 Fri Aug 2023 20.40 17.00 23.00 17.00 2.088 times
11 Fri Aug 2023 20.10 20.90 20.90 18.75 0.93 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Newlight (Newlight)

Date Monthly Closing Price Open High Low Volume
06 Wed Sep 2023 18.50 19.31 20.63 17.99 0.207 times
31 Thu Aug 2023 19.95 19.30 23.00 17.00 1.216 times
31 Mon Jul 2023 19.29 19.65 22.95 18.25 0.608 times
30 Fri Jun 2023 20.67 19.70 22.85 17.76 0.667 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newlight ( (Newlight) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newlight ( (Newlight) ) based on a short to mid 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

MACD generated a SELL signal for Newlight in short term and the sell signal is strong.

Newlight Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Newlight in short term and SELL signal is strong!

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 19.16 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 negative.

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newlight ( (Newlight) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newlight ( (Newlight) ) based on a short to mid 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

MACD generated a SELL signal for Newlight in short term and the sell signal is strong.

Newlight Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Newlight in short term and SELL signal is strong!

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 19.16 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 negative.

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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