(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 2022-04-26 View latest technical analysis
10 day averaged volume of Newgen is 15876
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Tue Apr 2022||484.95||488.00||488.00||474.30||0.457 times|
|25 Mon Apr 2022||470.25||466.00||473.70||465.10||0.789 times|
|22 Fri Apr 2022||480.75||470.00||488.15||463.05||0.989 times|
|21 Thu Apr 2022||469.85||473.00||474.95||467.20||0.381 times|
|20 Wed Apr 2022||468.30||480.65||481.45||466.00||0.751 times|
|19 Tue Apr 2022||471.20||476.25||499.25||468.00||1.251 times|
|18 Mon Apr 2022||481.80||484.80||491.05||470.10||1.572 times|
|13 Wed Apr 2022||494.45||498.90||498.90||491.00||0.835 times|
|12 Tue Apr 2022||491.25||508.90||508.90||488.25||1.295 times|
|11 Mon Apr 2022||504.20||511.60||511.60||502.30||0.419 times|
My analysis of stock is bearish for shortterm, and stock might move down till 473 or till 456.8. Use a stoploss of 486.51 and if the stock hits stoploss, then it can shoot up till 500.02
Share price targets for Newgen (Newgen)
Intraday share price targets for Newgen (Newgen)
|Downside Intraday Target||470.7|
|Downside Intraday Target||456.45|
|Upside Intraday Target||493.6|
|Upside Intraday Target||502.25|
|Downside Intraday Target||479.35|
Weekly technical analysis of Newgen (Newgen)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Tue Apr 2022||484.95||466.00||488.00||465.10||0.252 times|
|22 Fri Apr 2022||480.75||484.80||499.25||463.05||1.94 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|
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|
|26 Tue Apr 2022||484.95||465.80||522.30||463.05||0.614 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||24, 17, 18||Buy|
Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
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 481.29 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.