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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 2022-04-21 View latest technical analysis

10 day averaged volume of Newgen is 17767

Date Daily Closing Price Open High Low Volume
21 Thu Apr 2022 469.85 473.00 474.95 467.20 0.34 times
20 Wed Apr 2022 468.30 480.65 481.45 466.00 0.671 times
19 Tue Apr 2022 471.20 476.25 499.25 468.00 1.118 times
18 Mon Apr 2022 481.80 484.80 491.05 470.10 1.405 times
13 Wed Apr 2022 494.45 498.90 498.90 491.00 0.746 times
12 Tue Apr 2022 491.25 508.90 508.90 488.25 1.157 times
11 Mon Apr 2022 504.20 511.60 511.60 502.30 0.374 times
08 Fri Apr 2022 511.60 490.10 522.30 490.10 1.537 times
07 Thu Apr 2022 497.50 509.45 509.45 496.20 0.973 times
06 Wed Apr 2022 502.40 514.00 514.00 498.95 1.111 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 476.1, but if it comes above 476.1, then a intra day buy could be more profitable.
If you take a sell trade below 476.1, then use 476.1 as stoploss and 458.4 as target. However if you take a buy trade in stock , then use 476.1 as stoploss and 490.84 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 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 457.48
Downside Intraday Target 445.12
Upside Intraday Target 490.73
Upside Intraday Target 511.62
Upside Intraday Target 478.37

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
21 Thu Apr 2022 469.85 484.80 499.25 466.00 1.552 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Newgen (Newgen)

Date Monthly Closing Price Open High Low Volume
21 Thu Apr 2022 469.85 465.80 522.30 465.80 0.536 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, 23, 23 Sell
MACD -22, -19Sell
Stochastics 6Sell
CCI -110Sell
RSI 47Sell
OBV -193835Sell
VWAP 491Sell
ADL 0Sell
ROC -7Sell
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 moving up

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 positive zone. This is a BUY 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 491.11 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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Daily chart

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