(Newgen) Newgen complete technical analysis [charts+indicators] | Buy/Sell Newgen | (Newgen) share price targets
Complete technical analysis of Newgen (Newgen) by charts plus indicators, forecast predictions and share price targets for Newgen (Newgen)
10 day averaged volume of Newgen is 40439
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jan 2022 | 551.10 | 590.90 | 590.90 | 546.00 | 0.448 times |
| 21 Fri Jan 2022 | 590.90 | 601.10 | 610.00 | 585.15 | 0.714 times |
| 20 Thu Jan 2022 | 603.85 | 624.80 | 624.80 | 600.10 | 0.836 times |
| 19 Wed Jan 2022 | 607.80 | 609.00 | 623.40 | 603.85 | 0.503 times |
| 18 Tue Jan 2022 | 623.20 | 652.90 | 671.00 | 611.30 | 3.116 times |
| 17 Mon Jan 2022 | 643.40 | 645.00 | 648.20 | 640.85 | 0.493 times |
| 14 Fri Jan 2022 | 637.90 | 630.00 | 645.00 | 619.00 | 0.225 times |
| 13 Thu Jan 2022 | 626.95 | 637.05 | 645.50 | 625.35 | 0.197 times |
| 12 Wed Jan 2022 | 637.10 | 660.00 | 660.00 | 631.65 | 0.388 times |
| 11 Tue Jan 2022 | 643.85 | 662.90 | 662.90 | 635.10 | 0.537 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 545.1, for a target of 578 or 605.36
Share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Target | 507.80 |
| Downside Target | 545.35 |
| Upside Target | 560.30 |
| Upside Target | 610.00 |
| Upside Target | 621.00 |
| Upside Target | 631.80 |
| Upside Target | 632.00 |
| Upside Target | 635.15 |
| Upside Target | 644.60 |
| Upside Target | 663.75 |
| Upside Target | 671.00 |
Intraday share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Intraday Target | 534.43 |
| Downside Intraday Target | 517.77 |
| Upside Intraday Target | 579.33 |
| Upside Intraday Target | 607.57 |
| Upside Intraday Target | 562.67 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jan 2022 | 551.10 | 590.90 | 590.90 | 546.00 | 0.079 times |
| 21 Fri Jan 2022 | 590.90 | 645.00 | 671.00 | 585.15 | 1.305 times |
| 14 Fri Jan 2022 | 637.90 | 630.00 | 663.75 | 619.00 | 0.715 times |
| 07 Fri Jan 2022 | 613.60 | 590.00 | 621.00 | 575.00 | 7.536 times |
| 31 Fri Dec 2021 | 589.50 | 571.00 | 610.00 | 567.75 | 0.63 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 Newgen (Newgen)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Mon Jan 2022 | 551.10 | 590.00 | 671.00 | 546.00 | 2.531 times |
| 31 Fri Dec 2021 | 589.50 | 573.00 | 631.80 | 545.35 | 0.96 times |
| 30 Tue Nov 2021 | 544.30 | 581.45 | 632.00 | 507.80 | 0.897 times |
| 29 Fri Oct 2021 | 566.45 | 578.00 | 644.60 | 560.30 | 0.106 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 Newgen (Newgen)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 13, 34, 46 | Sell |
| MACD | 4, 15 | Sell |
| Stochastics | 5 | Sell |
| CCI | -184 | Sell |
| RSI | 51 | Buy |
| OBV | -240736 | Sell |
| VWAP | 617 | Sell |
| ADL | 0 | Sell |
| ROC | -15 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Newgen ( (Newgen) ) based on a short 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 Newgen ( (Newgen) ) based on a short 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 Newgen ( (Newgen) ) based on a short to mid 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 Newgen ( (Newgen) ) based on a mid to longer term time period is
ADX buy sell signal for Newgen stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Newgen in short term but the sell signal is initial and weak.
Newgen 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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Newgen in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Newgen is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 616.65 and Newgen (Newgen) 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 Newgen (Newgen) stock. Volume based technical analysis of Newgen (Newgen) stock is negative.
Newgen 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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