(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 2022-08-05 View latest technical analysis
10 day averaged volume of Newgen is 41833
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Fri Aug 2022||371.90||368.00||378.85||368.00||0.746 times|
|04 Thu Aug 2022||369.65||376.00||377.70||368.00||0.745 times|
|03 Wed Aug 2022||371.90||379.00||379.00||370.50||0.301 times|
|02 Tue Aug 2022||372.60||381.60||381.60||370.50||0.154 times|
|01 Mon Aug 2022||373.80||373.75||378.60||372.10||0.094 times|
|29 Fri Jul 2022||370.00||370.00||375.75||366.20||7.35 times|
|28 Thu Jul 2022||363.80||373.75||373.75||361.70||0.447 times|
|27 Wed Jul 2022||365.45||368.65||369.25||362.00||0.141 times|
|26 Tue Jul 2022||368.20||360.90||372.45||358.00||0.226 times|
|25 Mon Jul 2022||358.35||368.00||368.00||357.05||0.091 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 373.8 as stoploss in an intra day sell trade for a target of 367.11. However, stock will show a bullish move above 373.8.
Share price targets for Newgen (Newgen)
Intraday share price targets for Newgen (Newgen)
|Downside Intraday Target||366.07|
|Downside Intraday Target||360.23|
|Upside Intraday Target||379.67|
|Upside Intraday Target||387.43|
|Upside Intraday Target||373.83|
Weekly technical analysis of Newgen (Newgen)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Fri Aug 2022||371.90||373.75||381.60||368.00||0.247 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|
|05 Fri Aug 2022||371.90||373.75||381.60||368.00||0.137 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||26, 9, 48||Buy|
Price action analysis of Newgen ( (Newgen) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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. Bulls are getting stronger in this stock.
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 369.77 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.