(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 2024-02-28 View latest technical analysis
10 day averaged volume of Newgen is 23639
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 791.50 | 828.75 | 834.35 | 777.70 | 0.422 times |
| 27 Tue Feb 2024 | 828.75 | 816.40 | 844.85 | 816.40 | 0.895 times |
| 26 Mon Feb 2024 | 830.25 | 837.00 | 844.90 | 810.40 | 0.645 times |
| 23 Fri Feb 2024 | 800.95 | 764.95 | 800.95 | 764.95 | 0.399 times |
| 22 Thu Feb 2024 | 762.85 | 763.00 | 765.00 | 750.00 | 0.171 times |
| 21 Wed Feb 2024 | 759.30 | 740.05 | 765.05 | 740.05 | 0.636 times |
| 20 Tue Feb 2024 | 752.25 | 755.00 | 784.00 | 736.75 | 0.977 times |
| 19 Mon Feb 2024 | 757.65 | 761.05 | 785.00 | 748.95 | 1.898 times |
| 16 Fri Feb 2024 | 788.35 | 808.95 | 808.95 | 774.20 | 1.18 times |
| 15 Thu Feb 2024 | 772.40 | 762.95 | 772.85 | 748.00 | 1.304 times |
My analysis of stock is bearish for shortterm, and stock might move down till 757.4 or till 714.2. Use a stoploss of 793.34 and if the stock hits stoploss, then it can shoot up till 829.33
Share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Target | 694.95 |
| Downside Target | 736.75 |
| Downside Target | 769.00 |
| Upside Target | 844.90 |
| Upside Target | 868.00 |
| Upside Target | 870.25 |
| Upside Target | 1090.00 |
| Upside Target | 1233.00 |
| Upside Target | 1366.00 |
| Upside Target | 1456.80 |
| Upside Target | 1569.00 |
| Upside Target | 1651.00 |
Intraday share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Intraday Target | 764.5 |
| Downside Intraday Target | 737.5 |
| Upside Intraday Target | 831.7 |
| Upside Intraday Target | 871.9 |
| Upside Intraday Target | 804.7 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 791.50 | 837.00 | 844.90 | 777.70 | 0.481 times |
| 23 Fri Feb 2024 | 800.95 | 761.05 | 800.95 | 736.75 | 0.748 times |
| 16 Fri Feb 2024 | 788.35 | 798.65 | 808.95 | 694.95 | 2.804 times |
| 09 Fri Feb 2024 | 810.50 | 827.00 | 850.00 | 769.00 | 1.741 times |
| 02 Fri Feb 2024 | 841.40 | 865.00 | 868.00 | 825.00 | 0.077 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 |
| 28 Wed Feb 2024 | 791.50 | 865.90 | 866.90 | 694.95 | 0.603 times |
| 31 Wed Jan 2024 | 847.25 | 1563.00 | 1651.00 | 790.00 | 3.151 times |
| 29 Fri Dec 2023 | 1562.05 | 1460.00 | 1569.00 | 1366.00 | 1.037 times |
| 30 Thu Nov 2023 | 1444.35 | 1149.05 | 1456.80 | 1090.00 | 0.289 times |
Scroll below to view daily charts
Price has moved down 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)
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Newgen ( (Newgen) ) based on a mid to longer 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.
ADX buy sell signal for Newgen stock for short term is SELL. Signal strength is Weak and stock is gaining 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 SELL signal in short term and selling is picking up 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 780.42 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Newgen ( (Newgen) ) based on a mid to longer 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.
ADX buy sell signal for Newgen stock for short term is SELL. Signal strength is Weak and stock is gaining 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 SELL signal in short term and selling is picking up 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 780.42 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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