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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 2024-03-05 View latest technical analysis

10 day averaged volume of Newlight is 5378

Date Daily Closing Price Open High Low Volume
05 Tue Mar 2024 18.70 17.26 18.78 17.26 0.533 times
04 Mon Mar 2024 18.00 18.68 18.68 17.30 0.257 times
01 Fri Mar 2024 18.00 17.88 18.42 17.88 1.076 times
29 Thu Feb 2024 17.88 17.40 17.95 17.40 0.23 times
28 Wed Feb 2024 17.40 17.71 18.00 17.35 0.283 times
27 Tue Feb 2024 17.71 19.45 19.45 17.71 3.192 times
26 Mon Feb 2024 18.56 19.52 20.39 18.56 2.56 times
23 Fri Feb 2024 19.50 19.50 20.50 19.50 0.588 times
22 Thu Feb 2024 19.61 20.50 20.50 19.50 0.379 times
21 Wed Feb 2024 20.50 20.50 20.50 19.50 0.394 times

My analysis of stock is bearish for shortterm, and stock might move down till 18 or till 16.6. Use a stoploss of 19.15 and if the stock hits stoploss, then it can shoot up till 20.32

Share price targets for Newlight (Newlight)

Target Type Value
Downside Target 15.00
Downside Target 17.26
Downside Target 17.95
Upside Target 18.78
Upside Target 19.50
Upside Target 19.98
Upside Target 20.39
Upside Target 20.64
Upside Target 27.43

Intraday share price targets for Newlight (Newlight)

Target Type Value
Downside Intraday Target 17.71
Downside Intraday Target 16.73
Upside Intraday Target 19.23
Upside Intraday Target 19.77
Downside Intraday Target 18.25

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
05 Tue Mar 2024 18.70 18.68 18.78 17.26 0.107 times
01 Fri Mar 2024 18.00 19.52 20.39 17.35 2.335 times
23 Fri Feb 2024 19.50 18.33 20.64 18.33 0.873 times
16 Fri Feb 2024 19.23 19.20 19.98 18.35 0.071 times
09 Fri Feb 2024 18.30 20.00 27.43 18.26 4.614 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
05 Tue Mar 2024 18.70 17.88 18.78 17.26 0.026 times
29 Thu Feb 2024 17.88 17.95 27.43 17.35 2.377 times
31 Wed Jan 2024 17.00 15.45 18.50 15.00 4.691 times
29 Fri Dec 2023 15.45 16.94 17.95 15.01 0.481 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 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 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 losing momentum.

MACD generated a SELL signal for Newlight in short term but the sell signal is initial and weak.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 18.33 and Newlight (Newlight) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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 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 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 losing momentum.

MACD generated a SELL signal for Newlight in short term but the sell signal is initial and weak.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 18.33 and Newlight (Newlight) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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

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Daily charts

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