(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)
Intraday share price targets for Newgen (Newgen)
|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|
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.
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