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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 2022-11-28 View latest technical analysis

10 day averaged volume of Newgen is 7406

Date Daily Closing Price Open High Low Volume
28 Mon Nov 2022 357.35 345.45 358.10 345.45 0.926 times
25 Fri Nov 2022 348.15 340.60 349.90 340.60 1.703 times
24 Thu Nov 2022 342.60 335.20 343.85 335.20 0.331 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 1.801 times
17 Thu Nov 2022 341.30 341.20 343.55 340.00 1.005 times
16 Wed Nov 2022 342.65 343.75 343.95 340.90 1.288 times
15 Tue Nov 2022 344.80 336.40 346.20 336.35 0.519 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 352.7, for a target of 346.5 or 341.36

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 327.95
Downside Target 344.05
Downside Target 347.90
Downside Target 349.90
Upside Target 358.10
Upside Target 367.00
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 349.17
Downside Intraday Target 340.98
Upside Intraday Target 361.82
Upside Intraday Target 366.28
Downside Intraday Target 353.63

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
28 Mon Nov 2022 357.35 345.45 358.10 345.45 0.191 times
25 Fri Nov 2022 348.15 348.95 349.90 335.20 0.939 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

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
28 Mon Nov 2022 357.35 345.15 358.10 327.95 0.489 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 25, 15, 24 Buy
MACD -7, -10Buy
Stochastics 80Buy
CCI 257Buy
RSI 67Buy
OBV -86376Sell
VWAP 344Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Newgen ( (Newgen) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 343.56 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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