(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 2022-12-08 View latest technical analysis
10 day averaged volume of Newgen is 10767
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Dec 2022 | 365.30 | 365.95 | 374.20 | 364.00 | 0.997 times |
| 07 Wed Dec 2022 | 367.70 | 374.50 | 376.25 | 365.45 | 0.441 times |
| 06 Tue Dec 2022 | 374.20 | 376.55 | 381.15 | 370.00 | 1.704 times |
| 05 Mon Dec 2022 | 383.70 | 375.95 | 384.80 | 371.75 | 1.171 times |
| 02 Fri Dec 2022 | 369.90 | 360.15 | 373.80 | 360.15 | 1.833 times |
| 01 Thu Dec 2022 | 363.45 | 359.40 | 366.55 | 359.05 | 2.146 times |
| 30 Wed Nov 2022 | 356.70 | 357.10 | 359.45 | 354.00 | 0.343 times |
| 29 Tue Nov 2022 | 358.25 | 355.10 | 360.00 | 355.10 | 0.326 times |
| 28 Mon Nov 2022 | 357.35 | 345.45 | 358.10 | 345.45 | 0.637 times |
| 25 Fri Nov 2022 | 348.15 | 340.60 | 349.90 | 340.60 | 1.171 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 366.4 as stoploss in an intra day sell trade for a target of 352.72. However, stock will show a bullish move above 366.4.
Share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Target | 327.95 |
| Downside Target | 345.45 |
| Downside Target | 359.05 |
| Downside Target | 364.00 |
| Upside 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 | 357.93 |
| Downside Intraday Target | 350.57 |
| Upside Intraday Target | 378.73 |
| Upside Intraday Target | 392.17 |
| Upside Intraday Target | 371.37 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Dec 2022 | 365.30 | 375.95 | 384.80 | 364.00 | 0.816 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 |
| 08 Thu Dec 2022 | 365.30 | 359.40 | 384.80 | 359.05 | 0.548 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 | 27, 13, 34 | Buy |
| MACD | 7, 3 | Buy |
| Stochastics | 67 | None |
| CCI | 32 | Sell |
| RSI | 64 | Buy |
| OBV | 9841 | Sell |
| VWAP | 366 | Sell |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Newgen ( (Newgen) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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
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.
Newgen Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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 and the buying is gaining 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 366.4 and Newgen (Newgen) stock is trading below this level. This means that stock is falling with high volumes. 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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