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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 2022-12-05 View latest technical analysis

10 day averaged volume of Newgen is 9275

Date Daily Closing Price Open High Low Volume
05 Mon Dec 2022 383.70 375.95 384.80 371.75 1.359 times
02 Fri Dec 2022 369.90 360.15 373.80 360.15 2.127 times
01 Thu Dec 2022 363.45 359.40 366.55 359.05 2.491 times
30 Wed Nov 2022 356.70 357.10 359.45 354.00 0.398 times
29 Tue Nov 2022 358.25 355.10 360.00 355.10 0.379 times
28 Mon Nov 2022 357.35 345.45 358.10 345.45 0.739 times
25 Fri Nov 2022 348.15 340.60 349.90 340.60 1.359 times
24 Thu Nov 2022 342.60 335.20 343.85 335.20 0.265 times
23 Wed Nov 2022 339.45 338.75 341.85 338.00 0.802 times
22 Tue Nov 2022 338.75 347.50 347.50 337.25 0.663 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 376.1, for a target of 360.5 or 347.55

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 327.95
Downside Target 345.45
Downside Target 359.05
Downside Target 367.00
Downside Target 371.75
Downside Target 373.80
Upside Target 384.80
Upside Target 385.95
Upside Target 416.00
Upside Target 429.95

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 375.37
Downside Intraday Target 367.03
Upside Intraday Target 388.42
Upside Intraday Target 393.13
Downside Intraday Target 380.08

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
05 Mon Dec 2022 383.70 375.95 384.80 371.75 0.222 times
02 Fri Dec 2022 369.90 345.45 373.80 345.45 1.587 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

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
05 Mon Dec 2022 383.70 359.40 384.80 359.05 0.34 times
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

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 39, 9, 61 Buy
MACD 5, -2Buy
Stochastics 93Buy
CCI 162Buy
RSI 70Buy
OBV 31708Sell
VWAP 361Buy
ADL 0Sell
ROC 13Buy
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 and the buy signal is strong.

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 green color and prices are above the green 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

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 360.63 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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