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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 2022-09-26 View latest technical analysis

10 day averaged volume of Newgen is 49589

Date Daily Closing Price Open High Low Volume
26 Mon Sep 2022 356.60 366.00 366.00 352.80 0.693 times
23 Fri Sep 2022 368.25 374.00 377.80 365.25 0.305 times
22 Thu Sep 2022 365.10 366.00 372.20 362.10 0.391 times
21 Wed Sep 2022 368.20 382.00 387.90 366.00 6.407 times
20 Tue Sep 2022 382.30 383.00 389.65 381.15 0.417 times
19 Mon Sep 2022 382.00 380.00 387.15 378.35 0.193 times
16 Fri Sep 2022 386.45 391.45 392.55 376.00 0.563 times
15 Thu Sep 2022 388.80 388.30 396.80 387.70 0.18 times
14 Wed Sep 2022 395.35 383.75 399.55 383.75 0.431 times
13 Tue Sep 2022 397.85 400.75 405.00 395.80 0.33 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 358.3, for a target of 374.3 or 387.66

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 320.85
Downside Target 344.05
Downside Target 352.80
Upside Target 362.10
Upside Target 385.25
Upside Target 399.95
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 350.93
Downside Intraday Target 345.27
Upside Intraday Target 364.13
Upside Intraday Target 371.67
Upside Intraday Target 358.47

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
26 Mon Sep 2022 356.60 366.00 366.00 352.80 0.09 times
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

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
26 Mon Sep 2022 356.60 393.00 416.00 352.80 1.276 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 13, 33, 43 Sell
MACD -9, -3Sell
Stochastics 8Sell
CCI -140Sell
RSI 51Buy
OBV -369334Sell
VWAP 372Sell
ADL 0Sell
ROC -11Sell
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 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 weakening, and bulls are picking up momentum!

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 but buying is losing 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 371.71 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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