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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 2022-08-17 View latest technical analysis

10 day averaged volume of Newgen is 29683

Date Daily Closing Price Open High Low Volume
17 Wed Aug 2022 416.40 416.40 421.15 412.50 0.559 times
16 Tue Aug 2022 420.65 417.00 424.10 412.70 1.733 times
12 Fri Aug 2022 412.90 380.65 423.00 380.65 3.226 times
11 Thu Aug 2022 370.70 381.70 383.00 367.00 0.241 times
10 Wed Aug 2022 378.10 388.35 388.35 377.75 0.688 times
08 Mon Aug 2022 384.50 374.75 407.90 374.00 1.237 times
05 Fri Aug 2022 371.90 368.00 378.85 368.00 1.051 times
04 Thu Aug 2022 369.65 376.00 377.70 368.00 1.05 times
03 Wed Aug 2022 371.90 379.00 379.00 370.50 0.424 times
02 Tue Aug 2022 372.60 381.60 381.60 370.50 0.217 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 417.1, for a target of 394.9 or 376.46

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 320.85
Downside Target 344.05
Downside Target 354.00
Downside Target 367.00
Downside Target 375.75
Downside Target 397.25
Downside Target 412.50
Upside Target 423.00
Upside Target 424.10
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 411.23
Downside Intraday Target 406.07
Upside Intraday Target 422.83
Upside Intraday Target 429.27
Upside Intraday Target 417.67

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
17 Wed Aug 2022 416.40 417.00 424.10 412.50 0.425 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
17 Wed Aug 2022 416.40 373.75 424.10 367.00 0.503 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 40, 8, 65 Buy
MACD 15, 6Buy
Stochastics 88Buy
CCI 122Sell
RSI 65Buy
OBV 324254Sell
VWAP 397Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

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 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 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 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.

ADX buy sell signal for Newgen stock for short term is BUY. Signal strength is Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Newgen in short term but SELL signal is weak.

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 396.74 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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