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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 2022-09-20 View latest technical analysis

10 day averaged volume of Newgen is 22355

Date Daily Closing Price Open High Low Volume
20 Tue Sep 2022 382.30 383.00 389.65 381.15 0.924 times
19 Mon Sep 2022 382.00 380.00 387.15 378.35 0.427 times
16 Fri Sep 2022 386.45 391.45 392.55 376.00 1.248 times
15 Thu Sep 2022 388.80 388.30 396.80 387.70 0.399 times
14 Wed Sep 2022 395.35 383.75 399.55 383.75 0.956 times
13 Tue Sep 2022 397.85 400.75 405.00 395.80 0.733 times
12 Mon Sep 2022 400.75 409.00 416.00 397.35 1.739 times
09 Fri Sep 2022 408.30 402.00 414.70 398.00 1.589 times
08 Thu Sep 2022 399.45 412.80 412.80 398.00 0.579 times
07 Wed Sep 2022 403.60 391.00 406.50 385.60 1.59 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 386.9, but if it comes above 386.9, then a intra day buy could be more profitable.
If you take a sell trade below 386.9, then use 386.9 as stoploss and 379.1 as target. However if you take a buy trade in stock , then use 386.9 as stoploss and 393.47 as target.

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
Upside Target 399.95
Upside Target 412.00
Upside Target 414.70
Upside Target 416.00
Upside Target 420.00
Upside Target 429.95
Upside Target 501.65

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 377.22
Downside Intraday Target 372.13
Upside Intraday Target 388.52
Upside Intraday Target 394.73
Upside Intraday Target 383.43

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
20 Tue Sep 2022 382.30 380.00 389.65 378.35 0.266 times
16 Fri Sep 2022 386.45 409.00 416.00 376.00 1.036 times
09 Fri Sep 2022 408.30 396.00 414.70 385.25 1.523 times
02 Fri Sep 2022 394.45 374.00 399.95 374.00 0.488 times
26 Fri Aug 2022 397.60 412.00 412.00 385.00 1.537 times

Price has moved down 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
20 Tue Sep 2022 382.30 393.00 416.00 376.00 0.543 times
30 Tue Aug 2022 393.00 373.75 429.95 367.00 0.846 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

Scroll below to view daily charts

Price has moved down 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 16, 22, 17 Sell
MACD 1, 5Sell
Stochastics 19Sell
CCI -91Buy
RSI 58Buy
OBV -24707Sell
VWAP 397Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Newgen ( (Newgen) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Newgen in short term but the sell signal is initial and weak.

Newgen Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.

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 396.9 and Newgen (Newgen) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Newgen (Newgen) stock. Volume based technical analysis of Newgen (Newgen) stock is negative.

Newgen Stock has given negative 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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