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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 2023-09-08 View latest technical analysis

10 day averaged volume of Newlight is 3461

Date Daily Closing Price Open High Low Volume
08 Fri Sep 2023 18.74 20.30 20.30 18.60 1.891 times
07 Thu Sep 2023 18.70 20.00 20.00 18.40 1.159 times
06 Wed Sep 2023 18.50 19.99 19.99 17.99 1.806 times
05 Tue Sep 2023 19.19 18.51 20.63 18.51 0.678 times
04 Mon Sep 2023 19.88 18.67 20.00 18.67 1.746 times
01 Fri Sep 2023 19.30 19.31 19.40 19.30 0.267 times
31 Thu Aug 2023 19.95 20.00 20.00 19.95 0.062 times
30 Wed Aug 2023 19.98 20.99 20.99 19.98 0.172 times
29 Tue Aug 2023 20.15 18.78 20.15 18.78 0.428 times
28 Mon Aug 2023 19.60 18.56 19.80 18.56 1.508 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.8, but if it comes above 18.8, then a intra day buy could be more profitable.
If you take a sell trade below 18.8, then use 18.8 as stoploss and 17.7 as target. However if you take a buy trade in stock , then use 18.8 as stoploss and 19.79 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 17.61
Downside Intraday Target 16.48
Upside Intraday Target 20.25
Upside Intraday Target 21.76
Upside Intraday Target 19.12

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
08 Fri Sep 2023 18.74 18.67 20.63 17.99 2.989 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
08 Fri Sep 2023 18.74 19.31 20.63 17.99 0.348 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

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 red color and prices are below the red 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.17 and Newlight (Newlight) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

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 red color and prices are below the red 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.17 and Newlight (Newlight) stock is trading below this level. This means that stock is falling with high volumes. 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 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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