(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 2022-11-24 View latest technical analysis
10 day averaged volume of Newgen is 7402
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Thu Nov 2022 | 342.60 | 335.20 | 343.85 | 335.20 | 0.332 times |
| 23 Wed Nov 2022 | 339.45 | 338.75 | 341.85 | 338.00 | 1.005 times |
| 22 Tue Nov 2022 | 338.75 | 347.50 | 347.50 | 337.25 | 0.831 times |
| 21 Mon Nov 2022 | 338.90 | 348.95 | 348.95 | 338.00 | 0.972 times |
| 18 Fri Nov 2022 | 340.90 | 343.00 | 344.45 | 338.20 | 1.802 times |
| 17 Thu Nov 2022 | 341.30 | 341.20 | 343.55 | 340.00 | 1.006 times |
| 16 Wed Nov 2022 | 342.65 | 343.75 | 343.95 | 340.90 | 1.289 times |
| 15 Tue Nov 2022 | 344.80 | 336.40 | 346.20 | 336.35 | 0.519 times |
| 14 Mon Nov 2022 | 338.25 | 341.50 | 344.75 | 334.85 | 0.545 times |
| 11 Fri Nov 2022 | 342.15 | 341.85 | 345.25 | 338.45 | 1.212 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 343.6 as stoploss in an intra day sell trade for a target of 340.34. However, stock will show a bullish move above 343.6.
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 | 335.55 |
| Downside Intraday Target | 328.5 |
| Upside Intraday Target | 349.3 |
| Upside Intraday Target | 356 |
| Downside Intraday Target | 342.25 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Thu Nov 2022 | 342.60 | 348.95 | 348.95 | 335.20 | 0.608 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 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 |
| 24 Thu Nov 2022 | 342.60 | 345.15 | 348.95 | 327.95 | 0.428 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 | 13, 20, 20 | Sell |
| MACD | -10, -12 | Buy |
| Stochastics | 54 | None |
| CCI | -54 | Buy |
| RSI | 66 | Buy |
| OBV | -183444 | Sell |
| VWAP | 341 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Newgen ( (Newgen) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Newgen ( (Newgen) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 340.91 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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