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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 48635

Date Daily Closing Price Open High Low Volume
04 Tue Oct 2022 361.05 368.70 373.15 360.10 0.142 times
03 Mon Oct 2022 361.15 356.35 367.55 354.25 0.27 times
30 Fri Sep 2022 356.55 350.05 361.95 347.55 0.351 times
29 Thu Sep 2022 350.60 358.30 361.15 348.05 0.386 times
28 Wed Sep 2022 355.65 364.95 364.95 353.50 0.23 times
27 Tue Sep 2022 358.05 352.45 365.00 352.45 0.389 times
26 Mon Sep 2022 356.60 366.00 366.00 352.80 0.707 times
23 Fri Sep 2022 368.25 374.00 377.80 365.25 0.311 times
22 Thu Sep 2022 365.10 366.00 372.20 362.10 0.398 times
21 Wed Sep 2022 368.20 382.00 387.90 366.00 6.533 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 358.7 as stoploss in an intra day buy trade for a target of 377.3. However, stock will show a bearish move below 358.7.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 320.85
Downside Target 344.05
Upside Target 362.10
Upside Target 385.25
Upside Target 389.65
Upside Target 397.25
Upside Target 414.70
Upside Target 416.00
Upside Target 420.00
Upside Target 429.95

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 352.48
Downside Intraday Target 343.92
Upside Intraday Target 371.38
Upside Intraday Target 381.72
Upside Intraday Target 362.82

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
04 Tue Oct 2022 361.05 356.35 373.15 354.25 0.2 times
30 Fri Sep 2022 356.55 366.00 366.00 347.55 0.262 times
23 Fri Sep 2022 368.25 380.00 389.65 362.10 3.371 times
16 Fri Sep 2022 386.45 409.00 416.00 376.00 1.036 times
09 Fri Sep 2022 408.30 396.00 414.70 385.25 1.523 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
04 Tue Oct 2022 361.05 356.35 373.15 354.25 0.027 times
30 Fri Sep 2022 356.55 393.00 416.00 347.55 1.401 times
30 Tue Aug 2022 393.00 373.75 429.95 367.00 0.846 times
29 Fri Jul 2022 370.00 358.95 420.00 344.05 0.911 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 Newgen (Newgen)

Indicator Name Indicator Value Indicator Signal
ADX 16, 21, 15 Sell
MACD -14, -12Sell
Stochastics 29Sell
CCI 33Buy
RSI 53Buy
OBV -404836Sell
VWAP 365Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Newgen Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Newgen is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 365.11 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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