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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 2022-05-12 View latest technical analysis

10 day averaged volume of Newgen is 22062

Date Daily Closing Price Open High Low Volume
12 Thu May 2022 409.20 402.00 414.15 397.55 1.07 times
11 Wed May 2022 402.00 430.00 430.00 393.20 2.259 times
10 Tue May 2022 426.95 441.50 446.55 420.00 1.769 times
09 Mon May 2022 440.95 459.00 459.85 440.00 0.891 times
06 Fri May 2022 458.50 474.00 474.00 453.60 0.295 times
05 Thu May 2022 465.55 456.30 474.90 456.30 1.169 times
04 Wed May 2022 458.35 495.20 501.65 453.80 1.893 times
02 Mon May 2022 458.20 460.00 466.65 454.05 0.37 times
29 Fri Apr 2022 467.10 472.00 478.65 465.00 0.202 times
28 Thu Apr 2022 470.30 476.30 479.15 469.00 0.552 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 408.8, for a target of 438 or 462.31

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 393.20
Upside Target 446.80
Upside Target 488.00
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 381.65
Downside Intraday Target 354.1
Upside Intraday Target 448.3
Upside Intraday Target 487.4
Upside Intraday Target 420.75

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
12 Thu May 2022 409.20 459.00 459.85 393.20 1.607 times
06 Fri May 2022 458.50 460.00 501.65 453.60 1.656 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

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
12 Thu May 2022 409.20 460.00 501.65 393.20 0.697 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 15, 33, 37 Sell
MACD -38, -30Sell
Stochastics 10Sell
CCI -136Sell
RSI 42Sell
OBV -116141Sell
VWAP 436Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

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 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 SELL. Signal strength is Strong 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 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 435.99 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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