Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-09-20 View latest technical analysis

10 day averaged volume of Newlight is 3314

Date Daily Closing Price Open High Low Volume
20 Wed Sep 2023 18.50 17.60 19.40 17.60 0.565 times
18 Mon Sep 2023 18.99 17.40 19.50 17.40 0.44 times
15 Fri Sep 2023 18.97 18.95 18.97 17.65 1.071 times
14 Thu Sep 2023 18.96 19.50 19.50 17.56 0.26 times
13 Wed Sep 2023 18.85 16.70 18.99 16.70 0.609 times
12 Tue Sep 2023 17.50 18.00 19.00 17.50 0.393 times
11 Mon Sep 2023 18.10 18.74 18.74 18.02 1.448 times
08 Fri Sep 2023 18.74 20.30 20.30 18.60 1.975 times
07 Thu Sep 2023 18.70 20.00 20.00 18.40 1.21 times
06 Wed Sep 2023 18.50 19.99 19.99 17.99 1.887 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 18.4 as stoploss in an intra day buy trade for a target of 19.08. However, stock will show a bearish move below 18.4.

Share price targets for Newlight (Newlight)

Target Type Value
Downside Target 16.70
Downside Target 17.40
Downside Target 17.76
Upside Target 19.50
Upside Target 20.63
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 17.43
Downside Intraday Target 16.37
Upside Intraday Target 19.53
Upside Intraday Target 20.57
Downside Intraday Target 18.47

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
20 Wed Sep 2023 18.50 17.40 19.50 17.40 0.266 times
15 Fri Sep 2023 18.97 18.74 19.50 16.70 0.497 times
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

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
20 Wed Sep 2023 18.50 19.31 20.63 16.70 0.559 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 BUY signal for Newlight in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 18.58 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 BUY signal for Newlight in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 18.58 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme