(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 2022-11-23 View latest technical analysis
10 day averaged volume of Newgen is 8548
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 339.45 | 338.75 | 341.85 | 338.00 | 0.87 times |
| 22 Tue Nov 2022 | 338.75 | 347.50 | 347.50 | 337.25 | 0.72 times |
| 21 Mon Nov 2022 | 338.90 | 348.95 | 348.95 | 338.00 | 0.842 times |
| 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 | 1.116 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 |
My analysis of stock is bearish for shortterm, and stock might move down till 335.7 or till 329. Use a stoploss of 341.26 and if the stock hits stoploss, then it can shoot up till 346.83
Share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Target | 327.95 |
| Upside Target | 344.05 |
| Upside Target | 347.90 |
| Upside Target | 348.95 |
| 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 | 334.82 |
| Downside Intraday Target | 330.18 |
| Upside Intraday Target | 346.52 |
| Upside Intraday Target | 353.58 |
| Upside Intraday Target | 341.88 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 339.45 | 348.95 | 348.95 | 337.25 | 0.544 times |
| 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 |
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 |
| 23 Wed Nov 2022 | 339.45 | 345.15 | 348.95 | 327.95 | 0.42 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, 18, 12 | Sell |
| MACD | -11, -13 | Buy |
| Stochastics | 53 | None |
| CCI | -20 | Sell |
| RSI | 67 | Buy |
| OBV | -184360 | Sell |
| VWAP | 340 | Sell |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 Weak 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 tired and bears 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 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
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 340.1 and Newgen (Newgen) stock is trading below this level. This means that stock is falling with high volumes. 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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