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(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 23617

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 379.95 395.30 395.30 379.00 0.196 times
23 Mon May 2022 387.35 389.00 409.40 380.45 0.356 times
20 Fri May 2022 388.80 389.55 392.85 386.15 0.533 times
19 Thu May 2022 387.75 385.00 391.65 382.65 0.789 times
18 Wed May 2022 395.45 414.00 414.00 393.15 0.522 times
17 Tue May 2022 400.25 400.65 401.75 386.30 0.524 times
16 Mon May 2022 390.00 415.00 415.00 385.55 1.017 times
13 Fri May 2022 397.30 418.75 423.35 393.05 1.497 times
12 Thu May 2022 409.20 402.00 414.15 397.55 0.999 times
11 Wed May 2022 402.00 430.00 430.00 393.20 2.11 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 391.5, but if it comes above 391.5, then a intra day buy could be more profitable.
If you take a sell trade below 391.5, then use 391.5 as stoploss and 348.6 as target. However if you take a buy trade in stock , then use 391.5 as stoploss and 427.26 as target.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 379.00
Upside Target 393.05
Upside Target 409.40
Upside Target 446.80
Upside Target 488.00
Upside Target 501.65
Upside Target 522.30
Upside Target 528.60
Upside Target 534.00
Upside Target 592.90
Upside Target 671.00

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 369.5
Downside Intraday Target 359.05
Upside Intraday Target 399.9
Upside Intraday Target 419.85
Upside Intraday Target 389.45

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 379.95 389.00 409.40 379.00 0.163 times
20 Fri May 2022 388.80 415.00 415.00 382.65 0.478 times
13 Fri May 2022 397.30 459.00 459.85 393.05 2.036 times
06 Fri May 2022 458.50 460.00 501.65 453.60 1.656 times
29 Fri Apr 2022 467.10 466.00 488.00 465.00 0.633 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 Tue May 2022 379.95 460.00 501.65 379.00 1.114 times
29 Fri Apr 2022 467.10 465.80 522.30 463.05 0.68 times
31 Thu Mar 2022 465.80 510.00 534.00 464.00 1.26 times
28 Mon Feb 2022 498.30 592.90 592.90 446.80 0.495 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 Newgen (Newgen)

Indicator Name Indicator Value Indicator Signal
ADX 21, 21, 1 Sell
MACD -50, -47Sell
Stochastics 7Sell
CCI -118Sell
RSI 46Sell
OBV -145620Sell
VWAP 397Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is

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 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 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 Newgen stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Newgen in short term and the sell signal is strong.

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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 396.82 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.

Click here for Newgen charts

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Daily charts

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Daily chart

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