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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 2022-10-03 View latest technical analysis

10 day averaged volume of Newgen is 48277

Date Daily Closing Price Open High Low Volume
03 Mon Oct 2022 361.15 356.35 367.55 354.25 0.272 times
30 Fri Sep 2022 356.55 350.05 361.95 347.55 0.354 times
29 Thu Sep 2022 350.60 358.30 361.15 348.05 0.389 times
28 Wed Sep 2022 355.65 364.95 364.95 353.50 0.231 times
27 Tue Sep 2022 358.05 352.45 365.00 352.45 0.392 times
26 Mon Sep 2022 356.60 366.00 366.00 352.80 0.712 times
23 Fri Sep 2022 368.25 374.00 377.80 365.25 0.313 times
22 Thu Sep 2022 365.10 366.00 372.20 362.10 0.401 times
21 Wed Sep 2022 368.20 382.00 387.90 366.00 6.581 times
20 Tue Sep 2022 382.30 383.00 389.65 381.15 0.428 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 360.3 as stoploss in an intra day buy trade for a target of 378.68. However, stock will show a bearish move below 360.3.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 320.85
Downside Target 344.05
Upside Target 362.10
Upside Target 376.00
Upside Target 385.25
Upside Target 389.65
Upside Target 397.25
Upside Target 414.70
Upside Target 416.00
Upside Target 420.00
Upside Target 429.95

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 354.42
Downside Intraday Target 347.68
Upside Intraday Target 367.72
Upside Intraday Target 374.28
Downside Intraday Target 360.98

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
03 Mon Oct 2022 361.15 356.35 367.55 354.25 0.131 times
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

Price has moved up 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
03 Mon Oct 2022 361.15 356.35 367.55 354.25 0.018 times
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

Scroll below to view daily charts

Price has moved up 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, 24, 30 Sell
MACD -15, -11Sell
Stochastics 20Sell
CCI -25Buy
RSI 50Buy
OBV -406842Sell
VWAP 366Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 365.89 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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