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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 2024-03-20 View latest technical analysis

10 day averaged volume of Newgen is 24119

Date Daily Closing Price Open High Low Volume
20 Wed Mar 2024 722.55 715.00 732.35 712.30 0.228 times
19 Tue Mar 2024 710.90 738.95 738.95 706.05 0.612 times
18 Mon Mar 2024 719.65 725.30 745.05 712.25 0.323 times
15 Fri Mar 2024 731.75 737.15 767.25 688.00 2.585 times
14 Thu Mar 2024 732.00 688.30 748.35 688.30 0.652 times
13 Wed Mar 2024 714.75 780.00 780.00 709.55 0.934 times
12 Tue Mar 2024 762.90 745.35 772.95 715.00 0.643 times
11 Mon Mar 2024 744.80 790.35 804.50 736.70 1.981 times
07 Thu Mar 2024 787.80 801.05 814.10 779.45 0.856 times
06 Wed Mar 2024 804.50 851.10 851.10 791.95 0.73 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 733.6, but if it comes above 733.6, then a intra day buy could be more profitable.
If you take a sell trade below 733.6, then use 733.6 as stoploss and 672.9 as target. However if you take a buy trade in stock , then use 733.6 as stoploss and 784.09 as target.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 688.00
Upside Target 736.75
Upside Target 777.70
Upside Target 866.90
Upside Target 869.00
Upside Target 894.95
Upside Target 1090.00
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 704.05
Downside Intraday Target 685.55
Upside Intraday Target 743.05
Upside Intraday Target 763.55
Upside Intraday Target 724.55

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
20 Wed Mar 2024 722.55 725.30 745.05 706.05 0.171 times
15 Fri Mar 2024 731.75 790.35 804.50 688.00 2.349 times
07 Thu Mar 2024 787.80 855.35 894.95 779.45 0.565 times
02 Sat Mar 2024 848.85 837.00 869.00 777.70 1.279 times
23 Fri Feb 2024 800.95 761.05 800.95 736.75 0.748 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
20 Wed Mar 2024 722.55 850.20 894.95 688.00 0.797 times
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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Newgen ( (Newgen) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Newgen in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Newgen in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 743.54 and Newgen (Newgen) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Newgen (Newgen) stock. Volume based technical analysis of Newgen (Newgen) stock is negative.

Newgen Stock has given negative 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Newgen ( (Newgen) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Newgen in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Newgen in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 743.54 and Newgen (Newgen) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Newgen (Newgen) stock. Volume based technical analysis of Newgen (Newgen) stock is negative.

Newgen Stock has given negative 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.

Click here for Newgen charts

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Daily charts

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