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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 2022-07-29 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)

Target Type Value
Downside Target 320.85
Downside Target 344.05
Downside Target 354.00
Downside Target 365.60
Upside Target 375.75
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 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
MACD -6, -8Buy
Stochastics 28Sell
CCI 34Buy
RSI 52Buy
OBV 194587Sell
VWAP 367Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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.

Click here for Newgen charts

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Daily charts

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