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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 2022-04-18 View latest technical analysis

10 day averaged volume of Newgen is 24420

Date Daily Closing Price Open High Low Volume
18 Mon Apr 2022 481.80 484.80 491.05 470.10 1.022 times
13 Wed Apr 2022 494.45 498.90 498.90 491.00 0.543 times
12 Tue Apr 2022 491.25 508.90 508.90 488.25 0.842 times
11 Mon Apr 2022 504.20 511.60 511.60 502.30 0.272 times
08 Fri Apr 2022 511.60 490.10 522.30 490.10 1.119 times
07 Thu Apr 2022 497.50 509.45 509.45 496.20 0.708 times
06 Wed Apr 2022 502.40 514.00 514.00 498.95 0.808 times
05 Tue Apr 2022 506.20 511.10 511.10 498.25 0.661 times
04 Mon Apr 2022 500.45 495.00 508.00 486.85 1.248 times
01 Fri Apr 2022 482.10 465.80 484.95 465.80 1.153 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 483.7, but if it comes above 483.7, then a intra day buy could be more profitable.
If you take a sell trade below 483.7, then use 483.7 as stoploss and 466.6 as target. However if you take a buy trade in stock , then use 483.7 as stoploss and 497.84 as target.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 446.80
Downside Target 464.00
Upside Target 486.85
Upside Target 501.00
Upside Target 522.30
Upside Target 528.60
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 470.92
Downside Intraday Target 460.03
Upside Intraday Target 491.87
Upside Intraday Target 501.93
Downside Intraday Target 480.98

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
18 Mon Apr 2022 481.80 484.80 491.05 470.10 0.617 times
13 Wed Apr 2022 494.45 511.60 511.60 488.25 0.365 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

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
18 Mon Apr 2022 481.80 465.80 522.30 465.80 0.452 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 15, 30, 34 Sell
MACD -16, -17Buy
Stochastics 42None
CCI -137Sell
RSI 48Sell
OBV -144562Sell
VWAP 496Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short 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 short 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 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 Strong 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. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 496.34 and Newgen (Newgen) stock is trading below this level. This means that stock is falling with high volumes. 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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