(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 2024-02-29 View latest technical analysis
10 day averaged volume of Newgen is 20156
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 850.00 | 798.65 | 860.00 | 786.40 | 2.123 times |
| 28 Wed Feb 2024 | 791.50 | 828.75 | 834.35 | 777.70 | 0.495 times |
| 27 Tue Feb 2024 | 828.75 | 816.40 | 844.85 | 816.40 | 1.05 times |
| 26 Mon Feb 2024 | 830.25 | 837.00 | 844.90 | 810.40 | 0.756 times |
| 23 Fri Feb 2024 | 800.95 | 764.95 | 800.95 | 764.95 | 0.468 times |
| 22 Thu Feb 2024 | 762.85 | 763.00 | 765.00 | 750.00 | 0.201 times |
| 21 Wed Feb 2024 | 759.30 | 740.05 | 765.05 | 740.05 | 0.746 times |
| 20 Tue Feb 2024 | 752.25 | 755.00 | 784.00 | 736.75 | 1.146 times |
| 19 Mon Feb 2024 | 757.65 | 761.05 | 785.00 | 748.95 | 2.226 times |
| 16 Fri Feb 2024 | 788.35 | 808.95 | 808.95 | 774.20 | 1.384 times |
Stock of Newgen (Newgen) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 828.4, but if it comes below 828.4, then a intra day sell could be more profitable.
If you take a sell trade below 828.4, then use 828.4 as stoploss and 792.98 as target. However if you take a buy trade in stock , then use 828.4 as stoploss and 870.8 as target.
Share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Target | 694.95 |
| Downside Target | 736.75 |
| Downside Target | 769.00 |
| Downside Target | 850.00 |
| 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 | 798.47 |
| Downside Intraday Target | 746.93 |
| Upside Intraday Target | 880.77 |
| Upside Intraday Target | 911.53 |
| Downside Intraday Target | 829.23 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 850.00 | 837.00 | 860.00 | 777.70 | 0.925 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 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 |
| 29 Thu Feb 2024 | 850.00 | 865.90 | 866.90 | 694.95 | 0.682 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 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)
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 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 losing 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 795.52 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 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 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 losing 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 795.52 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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