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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 2022-11-24 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, -12Buy
Stochastics 54None
CCI -54Buy
RSI 66Buy
OBV -183444Sell
VWAP 341Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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.

Click here for Newgen charts

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Daily charts

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