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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 2024-07-02 View latest technical analysis

10 day averaged volume of Newlight is 2651

Date Daily Closing Price Open High Low Volume
02 Tue Jul 2024 19.08 19.99 19.99 19.07 0.27 times
01 Mon Jul 2024 19.07 20.00 20.00 19.07 2.7 times
28 Fri Jun 2024 20.00 19.41 20.00 19.40 0.113 times
27 Thu Jun 2024 19.40 19.41 19.42 19.40 1.944 times
26 Wed Jun 2024 19.40 19.40 19.40 18.70 0.143 times
25 Tue Jun 2024 19.40 19.75 20.00 19.40 1.277 times
24 Mon Jun 2024 19.45 19.45 19.45 19.41 0.653 times
21 Fri Jun 2024 19.45 19.45 19.45 19.41 0.653 times
20 Thu Jun 2024 19.41 19.50 19.50 19.41 0.138 times
19 Wed Jun 2024 19.40 18.55 19.40 18.55 0.322 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.1, but if it comes above 19.1, then a intra day buy could be more profitable.
If you take a sell trade below 19.1, then use 19.1 as stoploss and 18.5 as target. However if you take a buy trade in stock , then use 19.1 as stoploss and 19.67 as target.

Share price targets for Newlight (Newlight)

Target Type Value
Downside Target 16.44
Downside Target 18.11
Downside Target 18.55
Upside Target 20.00
Upside Target 20.80
Upside Target 20.89
Upside Target 21.65
Upside Target 22.45
Upside Target 24.15

Intraday share price targets for Newlight (Newlight)

Target Type Value
Downside Intraday Target 18.77
Downside Intraday Target 18.45
Upside Intraday Target 19.7
Upside Intraday Target 20.31
Upside Intraday Target 19.38

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
02 Tue Jul 2024 19.08 20.00 20.00 19.07 0.719 times
28 Fri Jun 2024 20.00 19.45 20.00 18.70 1.303 times
21 Fri Jun 2024 19.45 18.55 21.65 18.55 1.109 times
14 Fri Jun 2024 20.00 19.80 20.80 19.28 0.92 times
07 Fri Jun 2024 20.89 18.12 20.89 18.11 0.589 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
02 Tue Jul 2024 19.08 20.00 20.00 19.07 0.224 times
28 Fri Jun 2024 20.00 18.12 21.65 18.11 0.623 times
31 Fri May 2024 19.00 20.55 22.45 19.00 0.424 times
30 Tue Apr 2024 20.74 19.01 24.15 18.99 3.972 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 neutral. A longer time frame might give a better analysis.

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 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 BUY. 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 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 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 SELL signal for Newlight in short term

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 19.3 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 neutral. A longer time frame might give a better analysis.

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 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 BUY. 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 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 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 SELL signal for Newlight in short term

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 19.3 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

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Daily chart
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