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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 2024-12-12 View latest technical analysis

10 day averaged volume of Newlight is 218689

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	11.79	11.79	11.79	11.79	5.447 times
11 Wed Dec 2024	12.03	11.57	12.03	11.57	9.038 times
10 Tue Dec 2024	11.80	11.80	11.80	11.80	0.069 times
09 Mon Dec 2024	12.04	12.04	12.04	12.04	0.015 times
06 Fri Dec 2024	12.28	12.28	12.28	12.28	0.023 times
05 Thu Dec 2024	12.53	12.53	12.53	12.53	0.015 times
04 Wed Dec 2024	12.78	12.78	12.78	12.78	0.017 times
03 Tue Dec 2024	13.04	13.04	13.04	13.04	0.013 times
02 Mon Dec 2024	13.30	13.30	13.30	13.30	0.028 times
29 Fri Nov 2024	13.57	13.57	13.57	13.57	0.051 times

Stock of Newlight (Newlight) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.1, but if it comes above 12.1, then a intra day buy could be more profitable.
If you take a sell trade below 12.1, then use 12.1 as stoploss and 11.3 as target. However if you take a buy trade in stock , then use 12.1 as stoploss and 12.84 as target.

Share price targets for Newlight (Newlight)

Target Type	Value
Downside Target	7.62
Downside Target	10.56
Downside Target	11.57
Upside Target	12.04
Upside Target	13.30
Upside Target	14.12
Upside Target	33.83
Upside Target	53.63
Upside Target	54.75
Upside Target	67.83
Upside Target	76.21

Intraday share price targets for Newlight (Newlight)

Target Type	Value
Downside Intraday Target	11.56
Downside Intraday Target	11.33
Upside Intraday Target	12.03
Upside Intraday Target	12.27
Upside Intraday Target	11.8

Weekly technical analysis of Newlight (Newlight)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	11.79	12.04	12.04	11.57	152.413 times
06 Fri Dec 2024	12.28	13.30	13.30	12.28	0.023 times
29 Fri Nov 2024	13.57	13.58	14.12	13.57	0.379 times
22 Fri Nov 2024	13.32	12.56	13.32	12.56	1.362 times
14 Thu Nov 2024	12.32	11.63	12.32	11.63	0.718 times

Price has moved down 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
12 Thu Dec 2024	11.79	13.30	13.30	11.57	0.432 times
29 Fri Nov 2024	13.57	10.56	14.12	10.56	1.043 times
31 Thu Oct 2024	10.36	69.18	76.21	7.62	7.239 times
30 Mon Sep 2024	67.83	55.83	67.83	53.63	1.051 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY signal for Newlight in short term but the buy 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 coming down

CCI has generated a SELL signal for Newlight in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 11.95 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 positive

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