(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 2022-11-18 View latest technical analysis
10 day averaged volume of Newgen is 8544
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Fri Nov 2022 | 340.90 | 343.00 | 344.45 | 338.20 | 1.561 times |
| 17 Thu Nov 2022 | 341.30 | 341.20 | 343.55 | 340.00 | 0.871 times |
| 16 Wed Nov 2022 | 342.65 | 343.75 | 343.95 | 340.90 | 1.117 times |
| 15 Tue Nov 2022 | 344.80 | 336.40 | 346.20 | 336.35 | 0.45 times |
| 14 Mon Nov 2022 | 338.25 | 341.50 | 344.75 | 334.85 | 0.472 times |
| 11 Fri Nov 2022 | 342.15 | 341.85 | 345.25 | 338.45 | 1.05 times |
| 10 Thu Nov 2022 | 331.70 | 333.75 | 336.10 | 327.95 | 0.708 times |
| 09 Wed Nov 2022 | 332.90 | 345.95 | 345.95 | 329.80 | 2.213 times |
| 07 Mon Nov 2022 | 339.15 | 342.20 | 342.20 | 338.10 | 1.219 times |
| 04 Fri Nov 2022 | 338.90 | 341.10 | 343.05 | 337.90 | 0.407 times |
My analysis of stock is bearish for shortterm, and stock might move down till 335.6 or till 324.9. Use a stoploss of 344.57 and if the stock hits stoploss, then it can shoot up till 353.5
Share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Target | 327.95 |
| Upside 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 | 335.1 |
| Downside Intraday Target | 329.3 |
| Upside Intraday Target | 346.45 |
| Upside Intraday Target | 352 |
| Downside Intraday Target | 340.65 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Fri Nov 2022 | 340.90 | 341.50 | 346.20 | 334.85 | 0.861 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 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 |
| 18 Fri Nov 2022 | 340.90 | 345.15 | 347.90 | 327.95 | 0.355 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 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 | 14, 23, 27 | Sell |
| MACD | -12, -14 | Buy |
| Stochastics | 75 | Buy |
| CCI | 43 | Sell |
| RSI | 65 | Buy |
| OBV | -233168 | Sell |
| VWAP | 339 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Newgen ( (Newgen) ) based on a short term time period is
Price action analysis of Newgen ( (Newgen) ) based on a short 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.
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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.
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 338.61 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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