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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 2022-04-12 View latest technical analysis

10 day averaged volume of Newgen is 28064

Date Daily Closing Price Open High Low Volume
12 Tue Apr 2022 491.25 508.90 508.90 488.25 0.733 times
11 Mon Apr 2022 504.20 511.60 511.60 502.30 0.237 times
08 Fri Apr 2022 511.60 490.10 522.30 490.10 0.973 times
07 Thu Apr 2022 497.50 509.45 509.45 496.20 0.616 times
06 Wed Apr 2022 502.40 514.00 514.00 498.95 0.703 times
05 Tue Apr 2022 506.20 511.10 511.10 498.25 0.575 times
04 Mon Apr 2022 500.45 495.00 508.00 486.85 1.086 times
01 Fri Apr 2022 482.10 465.80 484.95 465.80 1.003 times
31 Thu Mar 2022 465.80 482.00 488.70 464.00 2.303 times
30 Wed Mar 2022 482.15 483.20 492.15 480.00 0.8 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 485.8 as stoploss in an intra day buy trade for a target of 499.7. However, stock will show a bearish move below 485.8.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 446.80
Downside Target 464.00
Downside Target 486.85
Upside 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 482.47
Downside Intraday Target 473.68
Upside Intraday Target 505.82
Upside Intraday Target 520.38
Upside Intraday Target 497.03

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
12 Tue Apr 2022 491.25 511.60 511.60 488.25 0.245 times
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

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
12 Tue Apr 2022 491.25 465.80 522.30 465.80 0.368 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 18, 23, 12 Sell
MACD -15, -18Buy
Stochastics 66None
CCI 4Sell
RSI 50Buy
OBV -174876Sell
VWAP 489Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below 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 BUY signal in short term but buying is losing 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 488.82 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.

Click here for Newgen charts

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Daily charts

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