(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 2022-08-16 View latest technical analysis
10 day averaged volume of Newgen is 55284
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Tue Aug 2022||420.65||417.00||424.10||412.70||0.931 times|
|12 Fri Aug 2022||412.90||380.65||423.00||380.65||1.732 times|
|11 Thu Aug 2022||370.70||381.70||383.00||367.00||0.129 times|
|10 Wed Aug 2022||378.10||388.35||388.35||377.75||0.369 times|
|08 Mon Aug 2022||384.50||374.75||407.90||374.00||0.664 times|
|05 Fri Aug 2022||371.90||368.00||378.85||368.00||0.564 times|
|04 Thu Aug 2022||369.65||376.00||377.70||368.00||0.564 times|
|03 Wed Aug 2022||371.90||379.00||379.00||370.50||0.228 times|
|02 Tue Aug 2022||372.60||381.60||381.60||370.50||0.117 times|
|01 Mon Aug 2022||373.80||373.75||378.60||372.10||0.071 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 409.6, for a target of 390.3 or 374.31
Share price targets for Newgen (Newgen)
Intraday share price targets for Newgen (Newgen)
|Downside Intraday Target||414.2|
|Downside Intraday Target||407.75|
|Upside Intraday Target||425.6|
|Upside Intraday Target||430.55|
|Downside Intraday Target||419.15|
Weekly technical analysis of Newgen (Newgen)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Tue Aug 2022||420.65||417.00||424.10||412.70||0.321 times|
|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|
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|
|16 Tue Aug 2022||420.65||373.75||424.10||367.00||0.476 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||42, 9, 66||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 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 stronger in this stock.
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 395.34 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