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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 2024-03-12 View latest technical analysis

10 day averaged volume of Newlight is 5527

Date Daily Closing Price Open High Low Volume
12 Tue Mar 2024 17.30 17.51 17.51 17.30 0.253 times
11 Mon Mar 2024 17.41 18.40 18.90 17.21 1.13 times
07 Thu Mar 2024 18.00 19.00 19.00 18.00 0.433 times
06 Wed Mar 2024 18.70 19.00 19.60 18.70 0.526 times
05 Tue Mar 2024 18.70 17.26 18.78 17.26 0.518 times
04 Mon Mar 2024 18.00 18.68 18.68 17.30 0.25 times
01 Fri Mar 2024 18.00 17.88 18.42 17.88 1.047 times
29 Thu Feb 2024 17.88 17.40 17.95 17.40 0.224 times
28 Wed Feb 2024 17.40 17.71 18.00 17.35 0.276 times
27 Tue Feb 2024 17.71 19.45 19.45 17.71 3.105 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.7, but if it comes above 17.7, then a intra day buy could be more profitable.
If you take a sell trade below 17.7, then use 17.7 as stoploss and 16.6 as target. However if you take a buy trade in stock , then use 17.7 as stoploss and 18.71 as target.

Share price targets for Newlight (Newlight)

Target Type Value
Downside Target 15.00
Downside Target 17.21
Upside Target 17.95
Upside Target 18.33
Upside Target 18.90
Upside Target 19.50
Upside Target 19.60
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 16.71
Downside Intraday Target 16.11
Upside Intraday Target 18.4
Upside Intraday Target 19.49
Upside Intraday Target 17.8

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
12 Tue Mar 2024 17.30 18.40 18.90 17.21 0.801 times
07 Thu Mar 2024 18.00 18.68 19.60 17.26 0.242 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

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
12 Tue Mar 2024 17.30 17.88 19.60 17.21 0.061 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Strong 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 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 and the buying is gaining 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 17.84 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Strong 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 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 and the buying is gaining 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 17.84 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.

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Daily charts

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