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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 2022-04-29 View latest technical analysis

10 day averaged volume of Newgen is 13691

Date Daily Closing Price Open High Low Volume
29 Fri Apr 2022 467.10 472.00 478.65 465.00 0.326 times
28 Thu Apr 2022 470.30 476.30 479.15 469.00 0.89 times
27 Wed Apr 2022 476.30 485.00 485.00 470.05 0.967 times
26 Tue Apr 2022 484.95 488.00 488.00 474.30 0.53 times
25 Mon Apr 2022 470.25 466.00 473.70 465.10 0.915 times
22 Fri Apr 2022 480.75 470.00 488.15 463.05 1.146 times
21 Thu Apr 2022 469.85 473.00 474.95 467.20 0.441 times
20 Wed Apr 2022 468.30 480.65 481.45 466.00 0.87 times
19 Tue Apr 2022 471.20 476.25 499.25 468.00 1.45 times
18 Mon Apr 2022 481.80 484.80 491.05 470.10 1.823 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 470.2, but if it comes above 470.2, then a intra day buy could be more profitable.
If you take a sell trade below 470.2, then use 470.2 as stoploss and 452.6 as target. However if you take a buy trade in stock , then use 470.2 as stoploss and 484.84 as target.

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 458.73
Downside Intraday Target 450.37
Upside Intraday Target 481.73
Upside Intraday Target 496.37
Upside Intraday Target 473.37

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
29 Fri Apr 2022 467.10 466.00 488.00 465.00 0.633 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
29 Fri Apr 2022 467.10 465.80 522.30 463.05 0.68 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 19, 18, 2 Buy
MACD -21, -20Sell
Stochastics 20Sell
CCI -80Sell
RSI 52Buy
OBV -61253Sell
VWAP 475Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 475.08 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.

Click here for Newgen charts

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Daily charts

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Daily chart

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