(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, -2 | Buy |
| Stochastics | 93 | Buy |
| CCI | 162 | Buy |
| RSI | 70 | Buy |
| OBV | 31708 | Sell |
| VWAP | 361 | Buy |
| ADL | 0 | Sell |
| ROC | 13 | 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 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.
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