(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)
Showing technical analysis as on 2021-08-12 View latest technical analysis
10 day averaged volume of Newgen is 21542
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Aug 2021 | 601.60 | 615.00 | 615.00 | 580.05 | 0.719 times |
| 11 Wed Aug 2021 | 603.80 | 596.50 | 610.00 | 576.35 | 1.082 times |
| 10 Tue Aug 2021 | 606.65 | 610.00 | 616.55 | 589.00 | 0.783 times |
| 09 Mon Aug 2021 | 587.20 | 551.00 | 587.20 | 538.00 | 0.359 times |
| 06 Fri Aug 2021 | 559.25 | 544.00 | 580.00 | 544.00 | 1.401 times |
| 05 Thu Aug 2021 | 571.35 | 579.50 | 588.70 | 564.00 | 0.518 times |
| 04 Wed Aug 2021 | 577.40 | 580.40 | 597.65 | 575.00 | 1.141 times |
| 03 Tue Aug 2021 | 587.15 | 603.00 | 609.65 | 580.00 | 1.238 times |
| 02 Mon Aug 2021 | 601.00 | 609.00 | 618.50 | 585.05 | 1.153 times |
| 30 Fri Jul 2021 | 606.20 | 600.00 | 620.00 | 572.60 | 1.054 times |
My analysis of stock is bearish for shortterm, and stock might move down till 576.7 or till 526.8. Use a stoploss of 618.4 and if the stock hits stoploss, then it can shoot up till 660.05
Share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Target | 285.00 |
| Downside Target | 312.85 |
| Downside Target | 340.95 |
| Downside Target | 399.60 |
| Downside Target | 436.00 |
| Downside Target | 538.00 |
| Downside Target | 568.15 |
| Downside Target | 598.05 |
| Upside Target | 616.55 |
| Upside Target | 649.95 |
| Upside Target | 658.00 |
| Upside Target | 660.35 |
| Upside Target | 700.00 |
| Upside Target | 733.80 |
| Upside Target | 754.70 |
Intraday share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Intraday Target | 554.22 |
| Downside Intraday Target | 506.83 |
| Upside Intraday Target | 632.77 |
| Upside Intraday Target | 663.93 |
| Downside Intraday Target | 585.38 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Aug 2021 | 601.60 | 551.00 | 616.55 | 538.00 | 0.54 times |
| 06 Fri Aug 2021 | 559.25 | 609.00 | 618.50 | 544.00 | 0.746 times |
| 30 Fri Jul 2021 | 606.20 | 568.15 | 649.95 | 568.15 | 1.767 times |
| 23 Fri Jul 2021 | 598.05 | 681.00 | 700.00 | 598.05 | 0.416 times |
| 16 Fri Jul 2021 | 702.00 | 707.00 | 733.80 | 660.35 | 0.448 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 Newgen (Newgen)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Thu Aug 2021 | 601.60 | 609.00 | 618.50 | 538.00 | 0.164 times |
| 30 Fri Jul 2021 | 606.20 | 644.80 | 754.70 | 568.15 | 0.12 times |
| 30 Wed Jun 2021 | 636.65 | 415.00 | 658.00 | 399.60 | 15.701 times |
| 31 Mon May 2021 | 412.65 | 312.85 | 436.00 | 312.85 | 2.277 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 | 18, 20, 5 | Sell |
| MACD | 11, 17 | Sell |
| Stochastics | 78 | Buy |
| CCI | 56 | Buy |
| RSI | 66 | Buy |
| OBV | -19418 | Sell |
| VWAP | 589 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Newgen ( (Newgen) ) 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 Newgen ( (Newgen) ) 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 Newgen ( (Newgen) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Newgen ( (Newgen) ) 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 Newgen stock for short term is SELL. Signal strength is Weak and stock is losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for Newgen in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 589.41 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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