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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 2022-11-15 View latest technical analysis

10 day averaged volume of Newgen is 8322

Date Daily Closing Price Open High Low Volume
15 Tue Nov 2022 344.80 336.40 346.20 336.35 0.462 times
14 Mon Nov 2022 338.25 341.50 344.75 334.85 0.485 times
11 Fri Nov 2022 342.15 341.85 345.25 338.45 1.078 times
10 Thu Nov 2022 331.70 333.75 336.10 327.95 0.727 times
09 Wed Nov 2022 332.90 345.95 345.95 329.80 2.272 times
07 Mon Nov 2022 339.15 342.20 342.20 338.10 1.252 times
04 Fri Nov 2022 338.90 341.10 343.05 337.90 0.418 times
03 Thu Nov 2022 341.05 338.00 343.00 337.00 1.532 times
02 Wed Nov 2022 342.25 343.95 344.80 340.55 0.268 times
01 Tue Nov 2022 342.25 345.15 347.90 340.00 1.431 times

My analysis of stock is bearish for shortterm, and stock might move down till 336.5 or till 323.1. Use a stoploss of 347.74 and if the stock hits stoploss, then it can shoot up till 358.96

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 327.95
Downside Target 344.05
Upside Target 347.90
Upside Target 352.85
Upside Target 367.00
Upside Target 371.25
Upside Target 385.95
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 337.7
Downside Intraday Target 330.6
Upside Intraday Target 349.05
Upside Intraday Target 353.3
Downside Intraday Target 341.95

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
15 Tue Nov 2022 344.80 341.50 346.20 334.85 0.178 times
11 Fri Nov 2022 342.15 342.20 345.95 327.95 1.273 times
04 Fri Nov 2022 338.90 343.10 347.90 337.00 0.286 times
28 Fri Oct 2022 341.40 360.15 371.25 333.10 1.414 times
21 Fri Oct 2022 358.25 364.95 385.95 352.85 1.448 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
15 Tue Nov 2022 344.80 345.15 347.90 327.95 0.259 times
31 Mon Oct 2022 343.80 356.35 385.95 333.10 0.431 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

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 16, 24, 20 Sell
MACD -14, -15Buy
Stochastics 67None
CCI 74Buy
RSI 61Buy
OBV -192990Sell
VWAP 339Buy
ADL 0Sell
ROC 0Buy
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 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 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 BUY signal for Newgen in short term but the buy signal is initial and weak.

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

Newgen Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 and BUY 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 338.53 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Newgen (Newgen) stock. Volume based technical analysis of Newgen (Newgen) stock is negative.

Newgen Stock is giving positive 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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