(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 2022-07-26 View latest technical analysis
10 day averaged volume of Newgen is 21240
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Tue Jul 2022||368.20||360.90||372.45||358.00||0.446 times|
|25 Mon Jul 2022||358.35||368.00||368.00||357.05||0.18 times|
|22 Fri Jul 2022||361.20||353.45||363.30||353.45||0.889 times|
|21 Thu Jul 2022||353.40||356.00||360.00||345.10||1.651 times|
|20 Wed Jul 2022||362.40||390.00||420.00||359.05||4.219 times|
|19 Tue Jul 2022||383.30||375.00||384.50||373.75||0.459 times|
|18 Mon Jul 2022||373.45||370.00||374.45||362.85||0.336 times|
|15 Fri Jul 2022||360.05||361.30||368.55||358.85||0.365 times|
|14 Thu Jul 2022||359.95||364.10||368.95||358.15||0.296 times|
|13 Wed Jul 2022||364.40||370.80||373.90||360.30||0.349 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 369.9 as stoploss in an intra day sell trade for a target of 360.77. However, stock will show a bullish move above 369.9.
Share price targets for Newgen (Newgen)
Intraday share price targets for Newgen (Newgen)
|Downside Intraday Target||359.35|
|Downside Intraday Target||350.5|
|Upside Intraday Target||374.75|
|Upside Intraday Target||381.3|
|Downside Intraday Target||365.9|
Weekly technical analysis of Newgen (Newgen)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Tue Jul 2022||368.20||368.00||372.45||357.05||0.083 times|
|22 Fri Jul 2022||361.20||370.00||420.00||345.10||2.363 times|
|15 Fri Jul 2022||360.05||365.50||378.35||358.15||1.829 times|
|08 Fri Jul 2022||367.90||363.95||379.00||344.05||0.566 times|
|01 Fri Jul 2022||348.90||362.45||365.60||346.55||0.364 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|
|26 Tue Jul 2022||368.20||358.95||420.00||344.05||0.426 times|
|30 Thu Jun 2022||357.45||391.20||397.25||320.85||1.681 times|
|31 Tue May 2022||388.90||460.00||501.65||354.00||1.324 times|
|29 Fri Apr 2022||467.10||465.80||522.30||463.05||0.68 times|
Scroll below to view daily charts
Price has moved up 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||34, 13, 45||Buy|
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Newgen in short term but the buy signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Newgen in short term and BUY 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 362.22 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.