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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 2022-04-07 View latest technical analysis

10 day averaged volume of Newgen is 29662

Date Daily Closing Price Open High Low Volume
07 Thu Apr 2022 497.50 509.45 509.45 496.20 0.583 times
06 Wed Apr 2022 502.40 514.00 514.00 498.95 0.665 times
05 Tue Apr 2022 506.20 511.10 511.10 498.25 0.544 times
04 Mon Apr 2022 500.45 495.00 508.00 486.85 1.027 times
01 Fri Apr 2022 482.10 465.80 484.95 465.80 0.949 times
31 Thu Mar 2022 465.80 482.00 488.70 464.00 2.179 times
30 Wed Mar 2022 482.15 483.20 492.15 480.00 0.756 times
29 Tue Mar 2022 481.25 492.05 497.85 480.00 1.612 times
28 Mon Mar 2022 483.70 495.00 504.35 480.20 1.354 times
25 Fri Mar 2022 502.70 509.00 515.95 501.00 0.338 times

My analysis of stock is bearish for shortterm, and stock might move down till 486.9 or till 468.9. Use a stoploss of 501.81 and if the stock hits stoploss, then it can shoot up till 516.75

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 446.80
Downside Target 464.00
Downside Target 480.00
Upside Target 500.40
Upside Target 526.10
Upside Target 530.00
Upside Target 534.00
Upside Target 545.35
Upside Target 592.90
Upside Target 631.80
Upside Target 671.00

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 484.9
Downside Intraday Target 472.3
Upside Intraday Target 512.05
Upside Intraday Target 526.6
Upside Intraday Target 499.45

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
07 Thu Apr 2022 497.50 495.00 514.00 486.85 0.412 times
01 Fri Apr 2022 482.10 495.00 504.35 464.00 2.574 times
25 Fri Mar 2022 502.70 530.00 530.00 501.00 0.795 times
17 Thu Mar 2022 519.65 515.00 534.00 500.40 1.62 times
11 Fri Mar 2022 519.30 504.00 526.10 480.00 1.202 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
07 Thu Apr 2022 497.50 465.80 514.00 465.80 0.247 times
31 Thu Mar 2022 465.80 510.00 534.00 464.00 1.26 times
28 Mon Feb 2022 498.30 592.90 592.90 446.80 0.495 times
31 Mon Jan 2022 574.85 590.00 671.00 528.60 2.748 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 17, 22, 11 Sell
MACD -19, -22Buy
Stochastics 68None
CCI 53Sell
RSI 49Sell
OBV -149705Sell
VWAP 485Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short 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 short 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Newgen stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Newgen in short term but the buy signal is initial and weak.

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 SELL signal for Newgen in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 484.77 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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