(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 2021-09-15 View latest technical analysis
10 day averaged volume of Newgen is 14731
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Wed Sep 2021||607.85||625.00||625.00||596.60||0.276 times|
|14 Tue Sep 2021||613.25||609.90||615.00||592.00||0.322 times|
|13 Mon Sep 2021||599.85||623.45||623.45||589.00||0.275 times|
|09 Thu Sep 2021||596.70||584.00||600.00||580.00||0.148 times|
|08 Wed Sep 2021||594.20||600.00||610.00||584.00||0.321 times|
|07 Tue Sep 2021||605.00||615.00||623.00||591.00||0.568 times|
|06 Mon Sep 2021||611.90||615.90||635.15||608.00||4.147 times|
|03 Fri Sep 2021||606.60||583.90||606.60||566.00||2.822 times|
|02 Thu Sep 2021||577.75||585.00||585.00||564.00||0.334 times|
|01 Wed Sep 2021||567.90||570.00||578.95||561.00||0.269 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 602.6, but if it comes below 602.6, then a intra day sell could be more profitable.
If you take a sell trade below 602.6, then use 602.6 as stoploss and 586.14 as target. However if you take a buy trade in stock , then use 602.6 as stoploss and 622.3 as target.
Share price targets for Newgen (Newgen)
Intraday share price targets for Newgen (Newgen)
|Downside Intraday Target||589.57|
|Downside Intraday Target||571.28|
|Upside Intraday Target||625.57|
|Upside Intraday Target||643.28|
|Downside Intraday Target||607.28|
Weekly technical analysis of Newgen (Newgen)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Wed Sep 2021||607.85||623.45||625.00||589.00||0.168 times|
|09 Thu Sep 2021||596.70||615.90||635.15||580.00||1.17 times|
|03 Fri Sep 2021||606.60||565.00||606.60||560.00||2.532 times|
|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|
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|
|15 Wed Sep 2021||607.85||570.00||635.15||561.00||0.522 times|
|31 Tue Aug 2021||569.60||609.00||618.50||538.00||0.242 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|
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||23, 12, 30||Buy|
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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 606.2 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.