(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 2022-07-29 View latest technical analysis
10 day averaged volume of Newgen is 20606
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Fri Jul 2022||370.00||370.00||375.75||366.20||14.921 times|
|28 Thu Jul 2022||363.80||373.75||373.75||361.70||0.908 times|
|27 Wed Jul 2022||365.45||368.65||369.25||362.00||0.285 times|
|26 Tue Jul 2022||368.20||360.90||372.45||358.00||0.459 times|
|25 Mon Jul 2022||358.35||368.00||368.00||357.05||0.185 times|
|22 Fri Jul 2022||361.20||353.45||363.30||353.45||0.916 times|
|21 Thu Jul 2022||353.40||356.00||360.00||345.10||1.702 times|
|20 Wed Jul 2022||362.40||390.00||420.00||359.05||4.349 times|
|19 Tue Jul 2022||383.30||375.00||384.50||373.75||0.473 times|
|18 Mon Jul 2022||373.45||370.00||374.45||362.85||0.346 times|
Stock of Newgen (Newgen) has showed a significant upmove. This could be a good time to enter in this stock!
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 371.4 as stoploss in an intra day sell trade for a target of 362.84. However, stock will show a bullish move above 371.4.
Share price targets for Newgen (Newgen)
Intraday share price targets for Newgen (Newgen)
|Downside Intraday Target||359.45|
|Downside Intraday Target||348.9|
|Upside Intraday Target||378.15|
|Upside Intraday Target||386.3|
|Downside Intraday Target||367.6|
Weekly technical analysis of Newgen (Newgen)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Fri Jul 2022||370.00||368.00||375.75||357.05||2.152 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, 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|
|29 Fri Jul 2022||370.00||358.95||420.00||344.05||0.911 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||31, 10, 50||Buy|
Price action analysis of Newgen ( (Newgen) ) based on a short 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 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 to mid term time period is
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 BUY signal in short term but buying 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 367.08 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.