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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 2022-07-27 View latest technical analysis

10 day averaged volume of Newgen is 19519

Date Daily Closing Price Open High Low Volume
27 Wed Jul 2022 365.45 368.65 369.25 362.00 0.301 times
26 Tue Jul 2022 368.20 360.90 372.45 358.00 0.485 times
25 Mon Jul 2022 358.35 368.00 368.00 357.05 0.195 times
22 Fri Jul 2022 361.20 353.45 363.30 353.45 0.967 times
21 Thu Jul 2022 353.40 356.00 360.00 345.10 1.797 times
20 Wed Jul 2022 362.40 390.00 420.00 359.05 4.591 times
19 Tue Jul 2022 383.30 375.00 384.50 373.75 0.5 times
18 Mon Jul 2022 373.45 370.00 374.45 362.85 0.366 times
15 Fri Jul 2022 360.05 361.30 368.55 358.85 0.397 times
14 Thu Jul 2022 359.95 364.10 368.95 358.15 0.322 times

My analysis of stock is bullish for shortterm, and stock might move up till 370.4 or till 381.2. Use a stoploss of 361.46 and if this stock hits its stoploss, then it can fall down till 352.48

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 320.85
Downside Target 344.05
Downside Target 354.00
Upside Target 365.60
Upside Target 397.25
Upside Target 420.00
Upside Target 463.05
Upside Target 464.00
Upside Target 501.65
Upside Target 522.30
Upside Target 534.00

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 357.52
Downside Intraday Target 349.58
Upside Intraday Target 372.92
Upside Intraday Target 380.38
Downside Intraday Target 364.98

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
27 Wed Jul 2022 365.45 368.00 372.45 357.05 0.119 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
27 Wed Jul 2022 365.45 358.95 420.00 344.05 0.435 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 32, 12, 44 Buy
MACD -7, -9Buy
Stochastics 25Sell
CCI -6Sell
RSI 50Sell
OBV -89831Sell
VWAP 362Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 losing 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 red color and prices are below 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 positive zone. This is a BUY 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 362.24 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.

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Daily charts

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