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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 2021-08-23 View latest technical analysis

10 day averaged volume of Newgen is 13957

Date Daily Closing Price Open High Low Volume
23 Mon Aug 2021 562.15 606.00 606.00 560.00 0.415 times
20 Fri Aug 2021 587.15 545.05 590.80 545.05 1.112 times
18 Wed Aug 2021 568.65 589.65 605.00 552.00 1.123 times
17 Tue Aug 2021 578.05 575.00 590.00 575.00 0.27 times
16 Mon Aug 2021 584.05 611.80 611.80 574.00 0.486 times
13 Fri Aug 2021 594.25 603.00 614.00 582.60 0.305 times
12 Thu Aug 2021 601.60 615.00 615.00 580.05 1.11 times
11 Wed Aug 2021 603.80 596.50 610.00 576.35 1.67 times
10 Tue Aug 2021 606.65 610.00 616.55 589.00 1.208 times
09 Mon Aug 2021 587.20 551.00 587.20 538.00 0.555 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 573.3, but if it comes above 573.3, then a intra day buy could be more profitable.
If you take a sell trade below 573.3, then use 573.3 as stoploss and 550.5 as target. However if you take a buy trade in stock , then use 573.3 as stoploss and 592.22 as target.

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 560.00
Upside Target 606.00
Upside Target 616.55
Upside Target 618.50
Upside Target 649.95
Upside Target 658.00
Upside Target 754.70

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 546.1
Downside Intraday Target 530.05
Upside Intraday Target 592.1
Upside Intraday Target 622.05
Upside Intraday Target 576.05

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
23 Mon Aug 2021 562.15 606.00 606.00 560.00 0.139 times
20 Fri Aug 2021 587.15 611.80 611.80 545.05 0.617 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

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
23 Mon Aug 2021 562.15 609.00 618.50 538.00 0.211 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 13, 18, 16 Sell
MACD -2, 5Sell
Stochastics 44None
CCI -63Buy
RSI 64Buy
OBV -88604Sell
VWAP 591Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Newgen ( (Newgen) ) based on a short 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 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 losing momentum.

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

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. Bears 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 591.33 and Newgen (Newgen) stock is trading below this level. This means that stock is falling with high volumes. 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 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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