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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 2022-04-27 View latest technical analysis

10 day averaged volume of Newgen is 13870

Date Daily Closing Price Open High Low Volume
27 Wed Apr 2022 476.30 485.00 485.00 470.05 0.955 times
26 Tue Apr 2022 484.95 488.00 488.00 474.30 0.523 times
25 Mon Apr 2022 470.25 466.00 473.70 465.10 0.903 times
22 Fri Apr 2022 480.75 470.00 488.15 463.05 1.132 times
21 Thu Apr 2022 469.85 473.00 474.95 467.20 0.436 times
20 Wed Apr 2022 468.30 480.65 481.45 466.00 0.859 times
19 Tue Apr 2022 471.20 476.25 499.25 468.00 1.432 times
18 Mon Apr 2022 481.80 484.80 491.05 470.10 1.799 times
13 Wed Apr 2022 494.45 498.90 498.90 491.00 0.955 times
12 Tue Apr 2022 491.25 508.90 508.90 488.25 1.482 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 472.5 as stoploss in an intra day buy trade for a target of 486.14. However, stock will show a bearish move below 472.5.

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 464.93
Downside Intraday Target 453.57
Upside Intraday Target 487.83
Upside Intraday Target 499.37
Upside Intraday Target 476.47

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
27 Wed Apr 2022 476.30 466.00 488.00 465.10 0.421 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 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
27 Wed Apr 2022 476.30 465.80 522.30 463.05 0.643 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 22, 18, 11 Buy
MACD -20, -20Buy
Stochastics 29Sell
CCI -29Sell
RSI 50Sell
OBV -132597Sell
VWAP 480Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 losing 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 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 479.78 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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