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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 2022-11-29 View latest technical analysis

10 day averaged volume of Newgen is 7688

Date Daily Closing Price Open High Low Volume
29 Tue Nov 2022 358.25 355.10 360.00 355.10 0.457 times
28 Mon Nov 2022 357.35 345.45 358.10 345.45 0.892 times
25 Fri Nov 2022 348.15 340.60 349.90 340.60 1.64 times
24 Thu Nov 2022 342.60 335.20 343.85 335.20 0.319 times
23 Wed Nov 2022 339.45 338.75 341.85 338.00 0.968 times
22 Tue Nov 2022 338.75 347.50 347.50 337.25 0.8 times
21 Mon Nov 2022 338.90 348.95 348.95 338.00 0.936 times
18 Fri Nov 2022 340.90 343.00 344.45 338.20 1.735 times
17 Thu Nov 2022 341.30 341.20 343.55 340.00 0.968 times
16 Wed Nov 2022 342.65 343.75 343.95 340.90 1.241 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 356, for a target of 348.4 or 342.09

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 360.00
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 349.13
Downside Intraday Target 340.02
Upside Intraday Target 363.68
Upside Intraday Target 369.12
Downside Intraday Target 354.57

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
29 Tue Nov 2022 358.25 345.45 360.00 345.45 0.289 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
29 Tue Nov 2022 358.25 345.15 360.00 327.95 0.5 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 26, 14, 28 Buy
MACD -4, -9Buy
Stochastics 93Buy
CCI 185Buy
RSI 65Buy
OBV -40230Sell
VWAP 344Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Newgen ( (Newgen) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 344.17 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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Daily chart

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