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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 2024-05-08 View latest technical analysis

10 day averaged volume of Newgen is 53110

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 996.85 1009.85 1010.00 981.55 0.455 times
07 Tue May 2024 996.65 1006.10 1015.00 970.00 0.331 times
06 Mon May 2024 989.25 1039.95 1057.90 981.15 1.241 times
03 Fri May 2024 1023.50 990.85 1050.45 974.20 1.124 times
02 Thu May 2024 982.35 937.95 996.95 918.25 2.466 times
30 Tue Apr 2024 929.65 874.95 992.50 857.90 2.741 times
29 Mon Apr 2024 865.95 809.00 880.00 800.90 0.659 times
26 Fri Apr 2024 803.90 806.65 832.35 799.50 0.534 times
25 Thu Apr 2024 804.65 755.00 808.35 755.00 0.413 times
24 Wed Apr 2024 751.55 759.45 759.95 745.80 0.37 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 943.6, but if it comes below 943.6, then a intra day sell could be more profitable.
If you take a sell trade below 943.6, then use 943.6 as stoploss and 842.49 as target. However if you take a buy trade in stock , then use 943.6 as stoploss and 1064.9 as target.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 626.05
Downside Target 688.00
Downside Target 733.60
Downside Target 769.00
Downside Target 790.00
Downside Target 832.35
Downside Target 854.05
Downside Target 894.95
Downside Target 918.25
Downside Target 970.00
Downside Target 992.50
Upside Target 1050.45
Upside Target 1057.90
Upside Target 1651.00

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 958.6
Downside Intraday Target 920.35
Upside Intraday Target 1046.5
Upside Intraday Target 1096.15
Upside Intraday Target 1008.25

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 996.85 1039.95 1057.90 970.00 0.29 times
03 Fri May 2024 1023.50 809.00 1050.45 800.90 4.121 times
26 Fri Apr 2024 803.90 737.35 832.35 733.60 1.126 times
19 Fri Apr 2024 734.15 626.05 773.00 626.05 1.026 times
12 Fri Apr 2024 775.25 801.05 854.05 769.00 1.317 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 Wed May 2024 996.85 937.95 1057.90 918.25 0.611 times
30 Tue Apr 2024 929.65 811.15 992.50 626.05 1.273 times
28 Thu Mar 2024 794.55 850.20 894.95 688.00 1.033 times
29 Thu Feb 2024 850.00 865.90 866.90 694.95 0.682 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 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 moving up

CCI has generated a buy signal for Newgen in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 942.77 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.

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 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 moving up

CCI has generated a buy signal for Newgen in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 942.77 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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