(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 2021-08-25 View latest technical analysis
10 day averaged volume of Newgen is 11144
|Date||Daily Closing Price||Open||High||Low||Volume|
|25 Wed Aug 2021||581.90||600.00||600.00||562.05||0.204 times|
|24 Tue Aug 2021||580.60||569.70||590.00||551.00||0.358 times|
|23 Mon Aug 2021||562.15||606.00||606.00||560.00||0.519 times|
|20 Fri Aug 2021||587.15||545.05||590.80||545.05||1.393 times|
|18 Wed Aug 2021||568.65||589.65||605.00||552.00||1.406 times|
|17 Tue Aug 2021||578.05||575.00||590.00||575.00||0.338 times|
|16 Mon Aug 2021||584.05||611.80||611.80||574.00||0.608 times|
|13 Fri Aug 2021||594.25||603.00||614.00||582.60||0.382 times|
|12 Thu Aug 2021||601.60||615.00||615.00||580.05||1.39 times|
|11 Wed Aug 2021||603.80||596.50||610.00||576.35||2.092 times|
My analysis of stock is bearish for shortterm, and stock might move down till 572.4 or till 554. Use a stoploss of 587.72 and if the stock hits stoploss, then it can shoot up till 603.06
Share price targets for Newgen (Newgen)
Intraday share price targets for Newgen (Newgen)
|Downside Intraday Target||553.27|
|Downside Intraday Target||524.63|
|Upside Intraday Target||608.27|
|Upside Intraday Target||634.63|
|Downside Intraday Target||579.63|
Weekly technical analysis of Newgen (Newgen)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|25 Wed Aug 2021||581.90||606.00||606.00||551.00||0.289 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|
|25 Wed Aug 2021||581.90||609.00||618.50||538.00||0.217 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, 17, 12||Sell|
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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
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 588.33 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.