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)

10 day averaged volume of Newlight is 4454

Date Daily Closing Price Open High Low Volume
24 Fri Mar 2023 15.89 15.35 15.89 14.61 0.866 times
23 Thu Mar 2023 15.40 14.72 15.41 14.72 1.877 times
22 Wed Mar 2023 15.40 14.22 15.40 14.22 1.651 times
21 Tue Mar 2023 14.55 13.91 14.55 13.91 0.615 times
20 Mon Mar 2023 14.80 14.42 14.80 14.05 0.837 times
17 Fri Mar 2023 15.39 15.39 15.39 13.81 1.067 times
16 Thu Mar 2023 14.67 14.68 15.50 13.78 1.356 times
15 Wed Mar 2023 14.68 13.24 14.68 13.24 1.623 times
14 Tue Mar 2023 14.68 13.82 14.68 13.00 0.297 times
13 Mon Mar 2023 13.35 13.20 14.00 13.20 0.462 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 16.1, for a target of 15.4 or 14.79

Share price targets for Newlight (Newlight)

Target Type Value
Downside Target 12.55
Downside Target 13.00
Downside Target 13.57
Downside Target 13.91
Downside Target 14.85
Downside Target 15.35
Downside Target 15.50
Downside Target 15.89
Upside Target 15.90
Upside Target 15.95
Upside Target 16.00
Upside Target 16.10

Intraday share price targets for Newlight (Newlight)

Target Type Value
Downside Intraday Target 14.57
Downside Intraday Target 13.25
Upside Intraday Target 16.55
Upside Intraday Target 17.21
Downside Intraday Target 15.23

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
24 Fri Mar 2023 15.89 14.42 15.89 13.91 1.217 times
17 Fri Mar 2023 15.39 13.20 15.50 13.00 4.231 times
10 Fri Mar 2023 14.45 14.85 14.85 13.62 0.467 times
03 Fri Mar 2023 14.95 15.95 15.95 13.57 1.279 times
24 Fri Feb 2023 14.85 15.00 15.00 12.55 0.557 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
24 Fri Mar 2023 15.89 14.10 15.89 13.00 1.333 times
28 Tue Feb 2023 14.75 16.10 16.10 12.55 0.67 times
31 Tue Jan 2023 15.54 14.01 16.00 13.30 0.497 times
30 Fri Dec 2022 14.01 14.45 15.90 13.30 1.447 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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 7, 49 Buy
MACD 0, 0Buy
Stochastics 97Buy
CCI 131Buy
RSI 54Buy
OBV 12376Sell
VWAP 15Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Newlight ( (Newlight) ) based on a short 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 short 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Newlight in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Newlight in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 15.03 and Newlight (Newlight) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Newlight (Newlight) stock. Volume based technical analysis of Newlight (Newlight) stock is negative.

Newlight Stock is giving positive 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.

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

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme