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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 2022-08-08 View latest technical analysis

10 day averaged volume of Newgen is 43065

Date Daily Closing Price Open High Low Volume
08 Mon Aug 2022 384.50 374.75 407.90 374.00 0.853 times
05 Fri Aug 2022 371.90 368.00 378.85 368.00 0.724 times
04 Thu Aug 2022 369.65 376.00 377.70 368.00 0.724 times
03 Wed Aug 2022 371.90 379.00 379.00 370.50 0.292 times
02 Tue Aug 2022 372.60 381.60 381.60 370.50 0.15 times
01 Mon Aug 2022 373.80 373.75 378.60 372.10 0.091 times
29 Fri Jul 2022 370.00 370.00 375.75 366.20 7.139 times
28 Thu Jul 2022 363.80 373.75 373.75 361.70 0.434 times
27 Wed Jul 2022 365.45 368.65 369.25 362.00 0.137 times
26 Tue Jul 2022 368.20 360.90 372.45 358.00 0.22 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 384.7, for a target of 375.5 or 367.78

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 397.25
Upside Target 407.90
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 369.7
Downside Intraday Target 354.9
Upside Intraday Target 403.6
Upside Intraday Target 422.7
Upside Intraday Target 388.8

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
08 Mon Aug 2022 384.50 374.75 407.90 374.00 0.43 times
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

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
08 Mon Aug 2022 384.50 373.75 407.90 368.00 0.196 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 39, 7, 70 Buy
MACD 0, -3Buy
Stochastics 57None
CCI 242Buy
RSI 57Buy
OBV 208371Sell
VWAP 371Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 and the buy signal is strong.

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 tired and bears 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 and the buying is gaining 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 371.03 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

Click here for further forecast and predictions for tomorrow

Daily charts

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