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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 15961

Date Daily Closing Price Open High Low Volume
26 Thu May 2022 359.10 375.10 379.45 354.00 1.755 times
25 Wed May 2022 376.75 378.95 383.35 373.00 0.48 times
24 Tue May 2022 379.95 395.30 395.30 379.00 0.291 times
23 Mon May 2022 387.35 389.00 409.40 380.45 0.527 times
20 Fri May 2022 388.80 389.55 392.85 386.15 0.789 times
19 Thu May 2022 387.75 385.00 391.65 382.65 1.168 times
18 Wed May 2022 395.45 414.00 414.00 393.15 0.773 times
17 Tue May 2022 400.25 400.65 401.75 386.30 0.775 times
16 Mon May 2022 390.00 415.00 415.00 385.55 1.505 times
13 Fri May 2022 397.30 418.75 423.35 393.05 2.214 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 381, but if it comes above 381, then a intra day buy could be more profitable.
If you take a sell trade below 381, then use 381 as stoploss and 339 as target. However if you take a buy trade in stock , then use 381 as stoploss and 415.99 as target.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 354.00
Upside Target 382.65
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 338.93
Downside Intraday Target 318.77
Upside Intraday Target 394.33
Upside Intraday Target 429.57
Upside Intraday Target 374.17

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
26 Thu May 2022 359.10 389.00 409.40 354.00 0.609 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
26 Thu May 2022 359.10 460.00 501.65 354.00 1.23 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 17, 30, 27 Sell
MACD -53, -49Sell
Stochastics 6Sell
CCI -192Sell
RSI 45Sell
OBV -176024Sell
VWAP 386Sell
ADL 0Sell
ROC -12Sell
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 Strong 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 and selling is picking up 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 386.09 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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Daily charts

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Daily chart

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