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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 2022-09-30 View latest technical analysis

10 day averaged volume of Newgen is 49358

Date Daily Closing Price Open High Low Volume
30 Fri Sep 2022 356.55 350.05 361.95 347.55 0.346 times
29 Thu Sep 2022 350.60 358.30 361.15 348.05 0.381 times
28 Wed Sep 2022 355.65 364.95 364.95 353.50 0.226 times
27 Tue Sep 2022 358.05 352.45 365.00 352.45 0.383 times
26 Mon Sep 2022 356.60 366.00 366.00 352.80 0.696 times
23 Fri Sep 2022 368.25 374.00 377.80 365.25 0.306 times
22 Thu Sep 2022 365.10 366.00 372.20 362.10 0.392 times
21 Wed Sep 2022 368.20 382.00 387.90 366.00 6.437 times
20 Tue Sep 2022 382.30 383.00 389.65 381.15 0.419 times
19 Mon Sep 2022 382.00 380.00 387.15 378.35 0.193 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 362, but if it comes above 362, then a intra day buy could be more profitable.
If you take a sell trade below 362, then use 362 as stoploss and 340.3 as target. However if you take a buy trade in stock , then use 362 as stoploss and 380.14 as target.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 320.85
Downside Target 344.05
Upside Target 362.10
Upside Target 385.25
Upside Target 397.25
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 347.4
Downside Intraday Target 338.25
Upside Intraday Target 365.85
Upside Intraday Target 375.15
Upside Intraday Target 356.7

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
30 Fri Sep 2022 356.55 366.00 366.00 347.55 0.262 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
30 Fri Sep 2022 356.55 393.00 416.00 347.55 1.401 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 10, 26, 46 Sell
MACD -15, -10Sell
Stochastics 11Sell
CCI -76Buy
RSI 51Buy
OBV -406469Sell
VWAP 366Sell
ADL 0Sell
ROC -8Sell
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

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 weakening, and bulls are picking up momentum!

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 and the buying is gaining 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 366.34 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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