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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 2022-11-30 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, -7Buy
Stochastics 92Buy
CCI 118Sell
RSI 66Buy
OBV -48390Sell
VWAP 345Buy
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 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.

Click here for Newgen charts

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Daily charts

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