(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 2021-08-16 View latest technical analysis
10 day averaged volume of Newgen is 18507
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Aug 2021 | 584.05 | 611.80 | 611.80 | 574.00 | 0.366 times |
| 13 Fri Aug 2021 | 594.25 | 603.00 | 614.00 | 582.60 | 0.23 times |
| 12 Thu Aug 2021 | 601.60 | 615.00 | 615.00 | 580.05 | 0.837 times |
| 11 Wed Aug 2021 | 603.80 | 596.50 | 610.00 | 576.35 | 1.26 times |
| 10 Tue Aug 2021 | 606.65 | 610.00 | 616.55 | 589.00 | 0.911 times |
| 09 Mon Aug 2021 | 587.20 | 551.00 | 587.20 | 538.00 | 0.418 times |
| 06 Fri Aug 2021 | 559.25 | 544.00 | 580.00 | 544.00 | 1.63 times |
| 05 Thu Aug 2021 | 571.35 | 579.50 | 588.70 | 564.00 | 0.603 times |
| 04 Wed Aug 2021 | 577.40 | 580.40 | 597.65 | 575.00 | 1.328 times |
| 03 Tue Aug 2021 | 587.15 | 603.00 | 609.65 | 580.00 | 1.441 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 576.2 as stoploss in an intra day buy trade for a target of 606.8. However, stock will show a bearish move below 576.2.
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 |
| Upside Target | 598.05 |
| Upside Target | 611.80 |
| Upside Target | 618.50 |
| Upside Target | 649.95 |
| Upside Target | 658.00 |
| Upside Target | 700.00 |
| Upside Target | 754.70 |
Intraday share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Intraday Target | 568.1 |
| Downside Intraday Target | 552.15 |
| Upside Intraday Target | 605.9 |
| Upside Intraday Target | 627.75 |
| Upside Intraday Target | 589.95 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Aug 2021 | 584.05 | 611.80 | 611.80 | 574.00 | 0.1 times |
| 13 Fri Aug 2021 | 594.25 | 551.00 | 616.55 | 538.00 | 0.576 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 |
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 |
| 16 Mon Aug 2021 | 584.05 | 609.00 | 618.50 | 538.00 | 0.174 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 | 15, 19, 12 | Sell |
| MACD | 8, 13 | Sell |
| Stochastics | 69 | None |
| CCI | 18 | Sell |
| RSI | 66 | Buy |
| OBV | -182391 | Sell |
| VWAP | 585 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 gaining momentum.
MACD generated a SELL signal for Newgen in short term but the sell signal is initial and weak.
Newgen Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
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
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 585.31 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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