(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 2022-11-30 View latest technical analysis
10 day averaged volume of Newgen is 7655
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 356.70 | 357.10 | 359.45 | 354.00 | 0.482 times |
| 29 Tue Nov 2022 | 358.25 | 355.10 | 360.00 | 355.10 | 0.459 times |
| 28 Mon Nov 2022 | 357.35 | 345.45 | 358.10 | 345.45 | 0.896 times |
| 25 Fri Nov 2022 | 348.15 | 340.60 | 349.90 | 340.60 | 1.647 times |
| 24 Thu Nov 2022 | 342.60 | 335.20 | 343.85 | 335.20 | 0.321 times |
| 23 Wed Nov 2022 | 339.45 | 338.75 | 341.85 | 338.00 | 0.972 times |
| 22 Tue Nov 2022 | 338.75 | 347.50 | 347.50 | 337.25 | 0.804 times |
| 21 Mon Nov 2022 | 338.90 | 348.95 | 348.95 | 338.00 | 0.94 times |
| 18 Fri Nov 2022 | 340.90 | 343.00 | 344.45 | 338.20 | 1.743 times |
| 17 Thu Nov 2022 | 341.30 | 341.20 | 343.55 | 340.00 | 0.972 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 358.4, for a target of 349.9 or 342.81
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 | 348.1 |
| Downside Intraday Target | 339.5 |
| Upside Intraday Target | 362.65 |
| Upside Intraday Target | 368.6 |
| Downside Intraday Target | 354.05 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 356.70 | 345.45 | 360.00 | 345.45 | 0.392 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 |
| 30 Wed Nov 2022 | 356.70 | 345.15 | 360.00 | 327.95 | 0.511 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 | 24, 15, 24 | Buy |
| MACD | -3, -7 | Buy |
| Stochastics | 92 | Buy |
| CCI | 118 | Sell |
| RSI | 66 | Buy |
| OBV | -48390 | Sell |
| VWAP | 345 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Newgen in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 345.03 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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