(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 2022-05-17 View latest technical analysis
10 day averaged volume of Newgen is 27370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 400.25 | 400.65 | 401.75 | 386.30 | 0.452 times |
| 16 Mon May 2022 | 390.00 | 415.00 | 415.00 | 385.55 | 0.878 times |
| 13 Fri May 2022 | 397.30 | 418.75 | 423.35 | 393.05 | 1.291 times |
| 12 Thu May 2022 | 409.20 | 402.00 | 414.15 | 397.55 | 0.862 times |
| 11 Wed May 2022 | 402.00 | 430.00 | 430.00 | 393.20 | 1.821 times |
| 10 Tue May 2022 | 426.95 | 441.50 | 446.55 | 420.00 | 1.426 times |
| 09 Mon May 2022 | 440.95 | 459.00 | 459.85 | 440.00 | 0.718 times |
| 06 Fri May 2022 | 458.50 | 474.00 | 474.00 | 453.60 | 0.238 times |
| 05 Thu May 2022 | 465.55 | 456.30 | 474.90 | 456.30 | 0.942 times |
| 04 Wed May 2022 | 458.35 | 495.20 | 501.65 | 453.80 | 1.526 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 417.5, but if it comes above 417.5, then a intra day buy could be more profitable.
If you take a sell trade below 417.5, then use 417.5 as stoploss and 380.5 as target. However if you take a buy trade in stock , then use 417.5 as stoploss and 448.31 as target.
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 | 385.53 |
| Downside Intraday Target | 370.82 |
| Upside Intraday Target | 414.98 |
| Upside Intraday Target | 429.72 |
| Upside Intraday Target | 400.27 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 400.25 | 415.00 | 415.00 | 385.55 | 0.217 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 up 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 |
| 17 Tue May 2022 | 400.25 | 460.00 | 501.65 | 385.55 | 0.93 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 | 14, 26, 30 | Sell |
| MACD | -46, -38 | Sell |
| Stochastics | 7 | Sell |
| CCI | -83 | Sell |
| RSI | 43 | Sell |
| OBV | -149183 | Sell |
| VWAP | 423 | Sell |
| ADL | 0 | Sell |
| ROC | -13 | Sell |
| Force Index | 0 | Sell |
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 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 but selling is losing 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 422.85 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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