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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 2022-04-26 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)

Target Type Value
Downside Target 446.80
Downside Target 463.05
Upside Target 486.85
Upside Target 499.25
Upside Target 522.30
Upside Target 528.60
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 470.7
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
MACD -20, -20Buy
Stochastics 29Sell
CCI -4Buy
RSI 49Sell
OBV -129374Sell
VWAP 481Buy
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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.

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Daily charts

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