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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 2022-09-23 View latest technical analysis

10 day averaged volume of Newgen is 51628

Date Daily Closing Price Open High Low Volume
23 Fri Sep 2022 368.25 374.00 377.80 365.25 0.293 times
22 Thu Sep 2022 365.10 366.00 372.20 362.10 0.375 times
21 Wed Sep 2022 368.20 382.00 387.90 366.00 6.154 times
20 Tue Sep 2022 382.30 383.00 389.65 381.15 0.4 times
19 Mon Sep 2022 382.00 380.00 387.15 378.35 0.185 times
16 Fri Sep 2022 386.45 391.45 392.55 376.00 0.541 times
15 Thu Sep 2022 388.80 388.30 396.80 387.70 0.173 times
14 Wed Sep 2022 395.35 383.75 399.55 383.75 0.414 times
13 Tue Sep 2022 397.85 400.75 405.00 395.80 0.317 times
12 Mon Sep 2022 400.75 409.00 416.00 397.35 0.753 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 364.5, for a target of 378.3 or 389.71

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 357.02
Downside Intraday Target 345.78
Upside Intraday Target 384.57
Upside Intraday Target 400.88
Upside Intraday Target 373.33

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
23 Fri Sep 2022 368.25 380.00 389.65 362.10 3.371 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
23 Fri Sep 2022 368.25 393.00 416.00 362.10 1.21 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 15, 27, 29 Sell
MACD -6, -1Sell
Stochastics 7Sell
CCI -102Buy
RSI 53Buy
OBV -296207Sell
VWAP 375Sell
ADL 0Sell
ROC -10Sell
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 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 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 SELL. Signal strength is Strong and stock is losing 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 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 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 375.03 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.

Click here for Newgen charts

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Daily charts

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Daily chart

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