(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 2021-08-27 View latest technical analysis
10 day averaged volume of Newgen is 7537
|Date||Daily Closing Price||Open||High||Low||Volume|
|27 Fri Aug 2021||566.75||566.50||592.90||555.00||1.579 times|
|26 Thu Aug 2021||577.10||597.95||597.95||566.00||0.243 times|
|25 Wed Aug 2021||581.90||600.00||600.00||562.05||0.302 times|
|24 Tue Aug 2021||580.60||569.70||590.00||551.00||0.53 times|
|23 Mon Aug 2021||562.15||606.00||606.00||560.00||0.768 times|
|20 Fri Aug 2021||587.15||545.05||590.80||545.05||2.059 times|
|18 Wed Aug 2021||568.65||589.65||605.00||552.00||2.079 times|
|17 Tue Aug 2021||578.05||575.00||590.00||575.00||0.5 times|
|16 Mon Aug 2021||584.05||611.80||611.80||574.00||0.9 times|
|13 Fri Aug 2021||594.25||603.00||614.00||582.60||0.564 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 569.9, but if it comes above 569.9, then a intra day buy could be more profitable.
If you take a sell trade below 569.9, then use 569.9 as stoploss and 552.8 as target. However if you take a buy trade in stock , then use 569.9 as stoploss and 584.11 as target.
Share price targets for Newgen (Newgen)
Intraday share price targets for Newgen (Newgen)
|Downside Intraday Target||543.17|
|Downside Intraday Target||519.58|
|Upside Intraday Target||598.17|
|Upside Intraday Target||629.58|
|Upside Intraday Target||574.58|
Weekly technical analysis of Newgen (Newgen)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|27 Fri Aug 2021||566.75||606.00||606.00||551.00||0.618 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|
|27 Fri Aug 2021||566.75||609.00||618.50||538.00||0.229 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||11, 17, 21||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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 SELL signal for Newgen in short term and SELL 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
Although the stock is in the SELL zone, but selling 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 576.58 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.