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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 2024-05-31 View latest technical analysis

10 day averaged volume of Newgen is 11957

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 916.30 850.00 925.00 841.05 1.206 times
30 Thu May 2024 850.90 864.00 870.95 849.90 1.092 times
29 Wed May 2024 864.75 872.40 886.00 860.25 1.208 times
28 Tue May 2024 872.45 886.05 890.70 865.00 0.715 times
27 Mon May 2024 884.70 889.00 917.05 871.55 1.47 times
24 Fri May 2024 886.85 918.00 930.00 874.30 0.79 times
23 Thu May 2024 917.65 928.05 938.15 905.25 2.52 times
22 Wed May 2024 932.50 955.00 958.60 920.45 0.524 times
21 Tue May 2024 947.50 985.60 987.95 941.05 0.676 times
18 Sat May 2024 985.60 1001.95 1003.35 981.65 0.38 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 894.2 as stoploss in an intra day buy trade for a target of 941.77. However, stock will show a bearish move below 894.2.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 626.05
Downside Target 688.00
Downside Target 790.00
Downside Target 841.05
Downside Target 866.90
Downside Target 894.95
Upside Target 921.75
Upside Target 987.95
Upside Target 992.50
Upside Target 1019.60
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 863.23
Downside Intraday Target 810.17
Upside Intraday Target 947.18
Upside Intraday Target 978.07
Downside Intraday Target 894.12

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 916.30 889.00 925.00 841.05 1.262 times
24 Fri May 2024 886.85 985.60 987.95 874.30 0.624 times
18 Sat May 2024 985.60 982.00 1019.60 921.75 0.567 times
10 Fri May 2024 983.65 1039.95 1057.90 939.00 0.411 times
03 Fri May 2024 1023.50 809.00 1050.45 800.90 4.121 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
31 Fri May 2024 916.30 937.95 1057.90 841.05 1.13 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Newgen in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 899.72 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Newgen in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 899.72 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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