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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 2022-04-20 View latest technical analysis

10 day averaged volume of Newgen is 19622

Date Daily Closing Price Open High Low Volume
20 Wed Apr 2022 468.30 480.65 481.45 466.00 0.607 times
19 Tue Apr 2022 471.20 476.25 499.25 468.00 1.012 times
18 Mon Apr 2022 481.80 484.80 491.05 470.10 1.272 times
13 Wed Apr 2022 494.45 498.90 498.90 491.00 0.675 times
12 Tue Apr 2022 491.25 508.90 508.90 488.25 1.048 times
11 Mon Apr 2022 504.20 511.60 511.60 502.30 0.339 times
08 Fri Apr 2022 511.60 490.10 522.30 490.10 1.392 times
07 Thu Apr 2022 497.50 509.45 509.45 496.20 0.881 times
06 Wed Apr 2022 502.40 514.00 514.00 498.95 1.006 times
05 Tue Apr 2022 506.20 511.10 511.10 498.25 0.822 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 478.3, but if it comes above 478.3, then a intra day buy could be more profitable.
If you take a sell trade below 478.3, then use 478.3 as stoploss and 460.8 as target. However if you take a buy trade in stock , then use 478.3 as stoploss and 492.98 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 499.25
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 456.45
Downside Intraday Target 444.6
Upside Intraday Target 489.7
Upside Intraday Target 511.1
Upside Intraday Target 477.85

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
20 Wed Apr 2022 468.30 484.80 499.25 466.00 1.402 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
20 Wed Apr 2022 468.30 465.80 522.30 465.80 0.522 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, 24, 23 Sell
MACD -20, -18Sell
Stochastics 13Sell
CCI -146Sell
RSI 49Sell
OBV -214775Sell
VWAP 493Sell
ADL 0Sell
ROC -6Sell
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 SELL signal for Newgen in short term and the sell signal is strong.

Newgen Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 493.2 and Newgen (Newgen) stock is trading below this level. This means that stock is falling with high volumes. 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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Daily charts

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