(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 2022-05-05 View latest technical analysis
10 day averaged volume of Newgen is 13324
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 465.55 | 456.30 | 474.90 | 456.30 | 1.935 times |
| 04 Wed May 2022 | 458.35 | 495.20 | 501.65 | 453.80 | 3.135 times |
| 02 Mon May 2022 | 458.20 | 460.00 | 466.65 | 454.05 | 0.612 times |
| 29 Fri Apr 2022 | 467.10 | 472.00 | 478.65 | 465.00 | 0.335 times |
| 28 Thu Apr 2022 | 470.30 | 476.30 | 479.15 | 469.00 | 0.914 times |
| 27 Wed Apr 2022 | 476.30 | 485.00 | 485.00 | 470.05 | 0.994 times |
| 26 Tue Apr 2022 | 484.95 | 488.00 | 488.00 | 474.30 | 0.544 times |
| 25 Mon Apr 2022 | 470.25 | 466.00 | 473.70 | 465.10 | 0.94 times |
| 22 Fri Apr 2022 | 480.75 | 470.00 | 488.15 | 463.05 | 1.178 times |
| 21 Thu Apr 2022 | 469.85 | 473.00 | 474.95 | 467.20 | 0.453 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 465.4 as stoploss in an intra day buy trade for a target of 481.53. However, stock will show a bearish move below 465.4.
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 | 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 | 445.68 |
| Downside Intraday Target | 425.82 |
| Upside Intraday Target | 493.53 |
| Upside Intraday Target | 521.52 |
| Upside Intraday Target | 473.67 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 465.55 | 460.00 | 501.65 | 453.80 | 1.525 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Newgen (Newgen)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 465.55 | 460.00 | 501.65 | 453.80 | 0.246 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 | 28, 16, 27 | Buy |
| MACD | -22, -22 | Sell |
| Stochastics | 14 | Sell |
| CCI | -88 | Sell |
| RSI | 49 | Sell |
| OBV | 12174 | Sell |
| VWAP | 468 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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 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.
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 SELL signal for Newgen in short term and SELL signal is strong!
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
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 467.66 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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