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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 2023-09-29 View latest technical analysis

10 day averaged volume of Newlight is 1419

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	17.65	18.00	18.00	17.60	1.006 times
28 Thu Sep 2023	17.40	17.10	18.20	17.10	2.225 times
27 Wed Sep 2023	15.50	17.51	18.45	15.50	1.456 times
26 Tue Sep 2023	18.45	17.90	19.00	17.90	0.161 times
25 Mon Sep 2023	17.90	18.15	18.15	17.90	0.665 times
22 Fri Sep 2023	17.25	18.50	18.50	17.25	0.03 times
21 Thu Sep 2023	18.50	18.50	18.50	18.50	0.007 times
20 Wed Sep 2023	18.50	17.60	19.40	17.60	1.321 times
18 Mon Sep 2023	18.99	17.40	19.50	17.40	1.027 times
15 Fri Sep 2023	18.97	18.95	18.97	17.65	2.5 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 17.4 as stoploss in an intra day buy trade for a target of 18.34. However, stock will show a bearish move below 17.4.

Share price targets for Newlight (Newlight)

Target Type	Value
Downside Target	15.50
Downside Target	16.70
Upside Target	17.76
Upside Target	19.00
Upside Target	19.50
Upside Target	20.63
Upside Target	20.99
Upside Target	21.65
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	15.77
Downside Intraday Target	13.88
Upside Intraday Target	19.27
Upside Intraday Target	20.88
Downside Intraday Target	17.38

Weekly technical analysis of Newlight (Newlight)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	17.65	18.15	19.00	15.50	2.312 times
22 Fri Sep 2023	17.25	17.40	19.50	17.25	0.27 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

Price has moved up 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
29 Fri Sep 2023	17.65	19.31	20.63	15.50	0.664 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 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 Strong and stock is gaining momentum.

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

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

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 moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 17.88 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 negative.

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