(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 2021-08-24 View latest technical analysis
10 day averaged volume of Newgen is 11519
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Tue Aug 2021||580.60||569.70||590.00||551.00||0.347 times|
|23 Mon Aug 2021||562.15||606.00||606.00||560.00||0.502 times|
|20 Fri Aug 2021||587.15||545.05||590.80||545.05||1.347 times|
|18 Wed Aug 2021||568.65||589.65||605.00||552.00||1.36 times|
|17 Tue Aug 2021||578.05||575.00||590.00||575.00||0.327 times|
|16 Mon Aug 2021||584.05||611.80||611.80||574.00||0.589 times|
|13 Fri Aug 2021||594.25||603.00||614.00||582.60||0.369 times|
|12 Thu Aug 2021||601.60||615.00||615.00||580.05||1.345 times|
|11 Wed Aug 2021||603.80||596.50||610.00||576.35||2.024 times|
|10 Tue Aug 2021||606.65||610.00||616.55||589.00||1.464 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 572.5 as stoploss in an intra day buy trade for a target of 589.94. However, stock will show a bearish move below 572.5.
Share price targets for Newgen (Newgen)
Intraday share price targets for Newgen (Newgen)
|Downside Intraday Target||552.4|
|Downside Intraday Target||524.2|
|Upside Intraday Target||607.4|
|Upside Intraday Target||634.2|
|Downside Intraday Target||579.2|
Weekly technical analysis of Newgen (Newgen)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Tue Aug 2021||580.60||606.00||606.00||551.00||0.234 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|
|24 Tue Aug 2021||580.60||609.00||618.50||538.00||0.214 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||12, 19, 23||Sell|
Price action analysis of Newgen ( (Newgen) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Newgen in short term and SELL signal is strong!
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 591.23 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.