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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 2022-05-04 View latest technical analysis

10 day averaged volume of Newgen is 11133

Date Daily Closing Price Open High Low Volume
04 Wed May 2022 458.35 495.20 501.65 453.80 3.751 times
02 Mon May 2022 458.20 460.00 466.65 454.05 0.733 times
29 Fri Apr 2022 467.10 472.00 478.65 465.00 0.401 times
28 Thu Apr 2022 470.30 476.30 479.15 469.00 1.094 times
27 Wed Apr 2022 476.30 485.00 485.00 470.05 1.189 times
26 Tue Apr 2022 484.95 488.00 488.00 474.30 0.651 times
25 Mon Apr 2022 470.25 466.00 473.70 465.10 1.125 times
22 Fri Apr 2022 480.75 470.00 488.15 463.05 1.41 times
21 Thu Apr 2022 469.85 473.00 474.95 467.20 0.543 times
20 Wed Apr 2022 468.30 480.65 481.45 466.00 1.071 times

Stock of Newgen (Newgen) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 467, but if it comes above 467, then a intra day buy could be more profitable.
If you take a sell trade below 467, then use 467 as stoploss and 447.5 as target. However if you take a buy trade in stock , then use 467 as stoploss and 483.27 as target.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 446.80
Upside Target 463.05
Upside Target 486.85
Upside Target 499.25
Upside Target 501.65
Upside Target 511.60
Upside Target 522.30
Upside Target 528.60
Upside Target 534.00
Upside Target 592.90
Upside Target 671.00

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 440.88
Downside Intraday Target 423.42
Upside Intraday Target 488.73
Upside Intraday Target 519.12
Upside Intraday Target 471.27

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
04 Wed May 2022 458.35 460.00 501.65 453.80 1.005 times
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

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
04 Wed May 2022 458.35 460.00 501.65 453.80 0.162 times
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

Scroll below to view daily charts

Price has moved down 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 31, 18, 27 Buy
MACD -23, -21Sell
Stochastics 10Sell
CCI -17Buy
RSI 49Sell
OBV 14548Sell
VWAP 468Sell
ADL 0Sell
ROC -3Sell
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 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 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 and selling is picking up 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 468.13 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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