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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 2022-08-05 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)

Target Type Value
Downside Target 320.85
Downside Target 344.05
Downside Target 354.00
Downside Target 368.00
Upside Target 375.75
Upside Target 381.60
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 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
MACD -2, -4Buy
Stochastics 64None
CCI 52Buy
RSI 55Buy
OBV 183738Sell
VWAP 370Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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.

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Daily charts

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