(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 2022-08-12 View latest technical analysis
10 day averaged volume of Newgen is 47578
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||412.90||380.65||423.00||380.65||2.013 times|
|11 Thu Aug 2022||370.70||381.70||383.00||367.00||0.15 times|
|10 Wed Aug 2022||378.10||388.35||388.35||377.75||0.429 times|
|08 Mon Aug 2022||384.50||374.75||407.90||374.00||0.772 times|
|05 Fri Aug 2022||371.90||368.00||378.85||368.00||0.656 times|
|04 Thu Aug 2022||369.65||376.00||377.70||368.00||0.655 times|
|03 Wed Aug 2022||371.90||379.00||379.00||370.50||0.265 times|
|02 Tue Aug 2022||372.60||381.60||381.60||370.50||0.136 times|
|01 Mon Aug 2022||373.80||373.75||378.60||372.10||0.083 times|
|29 Fri Jul 2022||370.00||370.00||375.75||366.20||6.462 times|
Stock of Newgen (Newgen) has showed a significant upmove. This could be a good time to enter in this stock!
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 398.3, for a target of 383.5 or 371.28
Share price targets for Newgen (Newgen)
Intraday share price targets for Newgen (Newgen)
|Downside Intraday Target||378.93|
|Downside Intraday Target||344.97|
|Upside Intraday Target||434.93|
|Upside Intraday Target||456.97|
|Downside Intraday Target||400.97|
Weekly technical analysis of Newgen (Newgen)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||412.90||374.75||423.00||367.00||1.876 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Newgen (Newgen)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||412.90||373.75||423.00||367.00||0.393 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||44, 9, 65||Buy|
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
Price action analysis of Newgen ( (Newgen) ) based on a short to mid 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 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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above 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 positive zone. This is a BUY zone
Stock of Newgen is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 378.89 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.