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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 2022-12-07 View latest technical analysis

10 day averaged volume of Newgen is 11036

Date Daily Closing Price Open High Low Volume
07 Wed Dec 2022 367.70 374.50 376.25 365.45 0.43 times
06 Tue Dec 2022 374.20 376.55 381.15 370.00 1.663 times
05 Mon Dec 2022 383.70 375.95 384.80 371.75 1.142 times
02 Fri Dec 2022 369.90 360.15 373.80 360.15 1.788 times
01 Thu Dec 2022 363.45 359.40 366.55 359.05 2.094 times
30 Wed Nov 2022 356.70 357.10 359.45 354.00 0.335 times
29 Tue Nov 2022 358.25 355.10 360.00 355.10 0.318 times
28 Mon Nov 2022 357.35 345.45 358.10 345.45 0.621 times
25 Fri Nov 2022 348.15 340.60 349.90 340.60 1.143 times
24 Thu Nov 2022 342.60 335.20 343.85 335.20 0.222 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 365.1, but if it comes below 365.1, then a intra day sell could be more profitable.
If you take a sell trade below 365.1, then use 365.1 as stoploss and 351.04 as target. However if you take a buy trade in stock , then use 365.1 as stoploss and 382 as target.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 327.95
Downside Target 345.45
Downside Target 359.05
Downside Target 365.45
Downside Target 367.00
Upside 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 360.5
Downside Intraday Target 353.3
Upside Intraday Target 379.85
Upside Intraday Target 392
Upside Intraday Target 372.65

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
07 Wed Dec 2022 367.70 375.95 384.80 365.45 0.628 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 down 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
07 Wed Dec 2022 367.70 359.40 384.80 359.05 0.482 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 30, 13, 39 Buy
MACD 7, 2Buy
Stochastics 81Buy
CCI 57Sell
RSI 63Buy
OBV 1674Sell
VWAP 366Buy
ADL 0Sell
ROC 8Buy
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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 365.97 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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