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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 2022-04-08 View latest technical analysis

10 day averaged volume of Newgen is 29687

Date Daily Closing Price Open High Low Volume
08 Fri Apr 2022 511.60 490.10 522.30 490.10 0.92 times
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 1.026 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 2.177 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 1.611 times
28 Mon Mar 2022 483.70 495.00 504.35 480.20 1.353 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 517 as stoploss in an intra day sell trade for a target of 501.97. However, stock will show a bullish move above 517.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 446.80
Downside Target 464.00
Downside Target 480.00
Downside Target 500.40
Upside Target 522.30
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 491.53
Downside Intraday Target 471.47
Upside Intraday Target 526.98
Upside Intraday Target 542.37
Downside Intraday Target 506.92

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
08 Fri Apr 2022 511.60 495.00 522.30 486.85 0.546 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
08 Fri Apr 2022 511.60 465.80 522.30 465.80 0.307 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 21, 18, 8 Buy
MACD -16, -21Buy
Stochastics 71Buy
CCI 94Buy
RSI 51Buy
OBV -132140Sell
VWAP 487Buy
ADL 0Sell
ROC 2Buy
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 BUY. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up

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 negative zone. This is the SELL zone

Stock of Newgen is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 486.53 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 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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Daily charts

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