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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)

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, 13Sell
Stochastics 69None
CCI 18Sell
RSI 66Buy
OBV -182391Sell
VWAP 585Sell
ADL 0Sell
ROC -3Sell
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 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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Daily charts

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