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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 30950

Date Daily Closing Price Open High Low Volume
18 Thu Aug 2022 416.30 422.60 429.95 414.05 0.351 times
17 Wed Aug 2022 416.40 416.40 421.15 412.50 0.537 times
16 Tue Aug 2022 420.65 417.00 424.10 412.70 1.662 times
12 Fri Aug 2022 412.90 380.65 423.00 380.65 3.094 times
11 Thu Aug 2022 370.70 381.70 383.00 367.00 0.231 times
10 Wed Aug 2022 378.10 388.35 388.35 377.75 0.66 times
08 Mon Aug 2022 384.50 374.75 407.90 374.00 1.186 times
05 Fri Aug 2022 371.90 368.00 378.85 368.00 1.008 times
04 Thu Aug 2022 369.65 376.00 377.70 368.00 1.007 times
03 Wed Aug 2022 371.90 379.00 379.00 370.50 0.407 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 422.9, for a target of 398.5 or 378.11

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 320.85
Downside Target 344.05
Downside Target 354.00
Downside Target 367.00
Downside Target 375.75
Downside Target 397.25
Downside Target 412.50
Upside Target 423.00
Upside Target 429.95
Upside Target 463.05
Upside Target 501.65
Upside Target 522.30

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 409.22
Downside Intraday Target 402.13
Upside Intraday Target 426.67
Upside Intraday Target 437.03
Upside Intraday Target 419.58

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
18 Thu Aug 2022 416.30 417.00 429.95 412.50 0.493 times
12 Fri Aug 2022 412.90 374.75 423.00 367.00 1.876 times
05 Fri Aug 2022 371.90 373.75 381.60 368.00 0.247 times
30 Sat Jul 2022 370.00 368.00 375.75 357.05 2.152 times
22 Fri Jul 2022 361.20 370.00 420.00 345.10 2.363 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
18 Thu Aug 2022 416.30 373.75 429.95 367.00 0.52 times
30 Sat Jul 2022 370.00 358.95 420.00 344.05 0.911 times
30 Thu Jun 2022 357.45 391.20 397.25 320.85 1.581 times
31 Tue May 2022 388.90 460.00 501.65 354.00 1.407 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 41, 8, 69 Buy
MACD 17, 9Buy
Stochastics 86Buy
CCI 101Buy
RSI 68Buy
OBV 306242Sell
VWAP 398Buy
ADL 0Sell
ROC 12Buy
Force Index 0Sell

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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Newgen in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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

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 397.91 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

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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Daily chart

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