(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 2022-09-22 View latest technical analysis
10 day averaged volume of Newgen is 50985
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Sep 2022 | 365.10 | 366.00 | 372.20 | 362.10 | 0.38 times |
| 21 Wed Sep 2022 | 368.20 | 382.00 | 387.90 | 366.00 | 6.232 times |
| 20 Tue Sep 2022 | 382.30 | 383.00 | 389.65 | 381.15 | 0.405 times |
| 19 Mon Sep 2022 | 382.00 | 380.00 | 387.15 | 378.35 | 0.187 times |
| 16 Fri Sep 2022 | 386.45 | 391.45 | 392.55 | 376.00 | 0.547 times |
| 15 Thu Sep 2022 | 388.80 | 388.30 | 396.80 | 387.70 | 0.175 times |
| 14 Wed Sep 2022 | 395.35 | 383.75 | 399.55 | 383.75 | 0.419 times |
| 13 Tue Sep 2022 | 397.85 | 400.75 | 405.00 | 395.80 | 0.321 times |
| 12 Mon Sep 2022 | 400.75 | 409.00 | 416.00 | 397.35 | 0.762 times |
| 09 Fri Sep 2022 | 408.30 | 402.00 | 414.70 | 398.00 | 0.697 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 368.2, for a target of 380.6 or 390.93
Share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Target | 320.85 |
| Downside Target | 344.05 |
| Downside Target | 354.00 |
| Downside Target | 362.10 |
| Upside Target | 385.00 |
| 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 | 354.92 |
| Downside Intraday Target | 344.73 |
| Upside Intraday Target | 382.47 |
| Upside Intraday Target | 399.83 |
| Upside Intraday Target | 372.28 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Sep 2022 | 365.10 | 380.00 | 389.65 | 362.10 | 3.237 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, 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 |
| 22 Thu Sep 2022 | 365.10 | 393.00 | 416.00 | 362.10 | 1.182 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 | 12, 30, 42 | Sell |
| MACD | -4, 1 | Sell |
| Stochastics | 9 | Sell |
| CCI | -144 | Sell |
| RSI | 55 | Buy |
| OBV | -363880 | Sell |
| VWAP | 378 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
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 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Newgen stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Newgen in short term and the sell signal is strong.
Newgen Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Newgen in short term and SELL 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 377.52 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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