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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 2022-08-01 View latest technical analysis

10 day averaged volume of Newgen is 50577

Date Daily Closing Price Open High Low Volume
01 Mon Aug 2022 373.80 373.75 378.60 372.10 0.078 times
29 Fri Jul 2022 370.00 370.00 375.75 366.20 6.079 times
28 Thu Jul 2022 363.80 373.75 373.75 361.70 0.37 times
27 Wed Jul 2022 365.45 368.65 369.25 362.00 0.116 times
26 Tue Jul 2022 368.20 360.90 372.45 358.00 0.187 times
25 Mon Jul 2022 358.35 368.00 368.00 357.05 0.075 times
22 Fri Jul 2022 361.20 353.45 363.30 353.45 0.373 times
21 Thu Jul 2022 353.40 356.00 360.00 345.10 0.693 times
20 Wed Jul 2022 362.40 390.00 420.00 359.05 1.772 times
19 Tue Jul 2022 383.30 375.00 384.50 373.75 0.193 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 372.2, but if it comes below 372.2, then a intra day sell could be more profitable.
If you take a sell trade below 372.2, then use 372.2 as stoploss and 364.24 as target. However if you take a buy trade in stock , then use 372.2 as stoploss and 381.7 as target.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 320.85
Downside Target 344.05
Downside Target 354.00
Downside Target 372.10
Upside Target 378.60
Upside Target 379.00
Upside Target 397.25
Upside Target 420.00
Upside Target 463.05
Upside Target 501.65
Upside Target 522.30

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 371.07
Downside Intraday Target 368.33
Upside Intraday Target 377.57
Upside Intraday Target 381.33
Upside Intraday Target 374.83

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
01 Mon Aug 2022 373.80 373.75 378.60 372.10 0.011 times
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

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
01 Mon Aug 2022 373.80 373.75 378.60 372.10 0.006 times
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

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, 52 Buy
MACD -4, -7Buy
Stochastics 32None
CCI 66Buy
RSI 50Buy
OBV 211407Sell
VWAP 367Buy
ADL 0Sell
ROC 0Buy
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 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 to mid 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 367.04 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.

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Daily charts

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