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 2024-10-18 View latest technical analysis

10 day averaged volume of Newlight is 329779

Date Daily Closing Price Open High Low Volume
18 Fri Oct 2024 8.72 8.72 8.72 8.65 0.863 times
17 Thu Oct 2024 8.55 8.55 8.55 8.55 0.917 times
16 Wed Oct 2024 8.39 8.39 8.39 8.39 0.256 times
15 Tue Oct 2024 8.23 8.23 8.23 8.23 0.654 times
14 Mon Oct 2024 8.07 8.07 8.07 8.07 1.916 times
11 Fri Oct 2024 7.92 7.77 7.92 7.62 4.873 times
10 Thu Oct 2024 7.77 7.77 7.77 7.77 0.536 times
09 Wed Oct 2024 76.20 76.21 76.21 76.20 0.327 times
08 Tue Oct 2024 74.72 74.72 74.72 74.72 0.123 times
07 Mon Oct 2024 73.26 73.30 73.30 70.54 0.257 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.1, but if it comes above 18.1, then a intra day buy could be more profitable.
If you take a sell trade below 18.1, then use 18.1 as stoploss and -15.9 as target. However if you take a buy trade in stock , then use 18.1 as stoploss and 46.43 as target.

Share price targets for Newlight (Newlight)

Target Type Value
Downside Target 7.62
Downside Target 8.07
Downside Target 8.72
Upside Target 18.11
Upside Target 21.65
Upside Target 33.83
Upside Target 35.60
Upside Target 53.63
Upside Target 54.75
Upside Target 56.78
Upside Target 59.06
Upside Target 62.77
Upside Target 66.50
Upside Target 67.83
Upside Target 70.56
Upside Target 76.21

Intraday share price targets for Newlight (Newlight)

Target Type Value
Downside Intraday Target 8.29
Downside Intraday Target 7.85
Upside Intraday Target 8.94
Upside Intraday Target 9.15
Downside Intraday Target 8.5

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
18 Fri Oct 2024 8.72 8.07 8.72 8.07 0.753 times
11 Fri Oct 2024 7.92 73.30 76.21 7.62 4.065 times
03 Thu Oct 2024 70.56 67.83 70.56 67.83 4.305 times
27 Fri Sep 2024 66.50 60.20 66.50 59.06 0.935 times
20 Fri Sep 2024 60.26 62.77 62.77 56.78 1.116 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
18 Fri Oct 2024 8.72 69.18 76.21 7.62 3.758 times
30 Mon Sep 2024 67.83 55.83 67.83 53.63 1.051 times
30 Fri Aug 2024 54.74 35.60 54.75 33.83 1.078 times
31 Wed Jul 2024 35.60 20.00 35.60 18.35 24.691 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Newlight ( (Newlight) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Newlight ( (Newlight) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 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 12.5 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Newlight ( (Newlight) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Newlight ( (Newlight) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 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 12.5 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