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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 2022-05-16 View latest technical analysis

10 day averaged volume of Newgen is 25414

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 390.00 415.00 415.00 385.55 0.945 times
13 Fri May 2022 397.30 418.75 423.35 393.05 1.391 times
12 Thu May 2022 409.20 402.00 414.15 397.55 0.929 times
11 Wed May 2022 402.00 430.00 430.00 393.20 1.961 times
10 Tue May 2022 426.95 441.50 446.55 420.00 1.536 times
09 Mon May 2022 440.95 459.00 459.85 440.00 0.773 times
06 Fri May 2022 458.50 474.00 474.00 453.60 0.257 times
05 Thu May 2022 465.55 456.30 474.90 456.30 1.015 times
04 Wed May 2022 458.35 495.20 501.65 453.80 1.643 times
02 Mon May 2022 458.20 460.00 466.65 454.05 0.321 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 387.4, for a target of 422.8 or 452.39

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 385.55
Upside Target 415.00
Upside Target 446.80
Upside Target 488.00
Upside Target 499.25
Upside Target 501.65
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 378.7
Downside Intraday Target 367.4
Upside Intraday Target 408.15
Upside Intraday Target 426.3
Upside Intraday Target 396.85

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 390.00 415.00 415.00 385.55 0.143 times
13 Fri May 2022 397.30 459.00 459.85 393.05 2.036 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

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
16 Mon May 2022 390.00 460.00 501.65 385.55 0.89 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, 28, 30 Sell
MACD -45, -36Sell
Stochastics 8Sell
CCI -100Sell
RSI 42Sell
OBV -148304Sell
VWAP 425Sell
ADL 0Sell
ROC -17Sell
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 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 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 424.92 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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