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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 2024-06-03 View latest technical analysis

10 day averaged volume of Newgen is 12651

Date Daily Closing Price Open High Low Volume
03 Mon Jun 2024 901.95 950.10 961.45 885.00 3.335 times
31 Fri May 2024 916.30 850.00 925.00 841.05 1.14 times
30 Thu May 2024 850.90 864.00 870.95 849.90 1.032 times
29 Wed May 2024 864.75 872.40 886.00 860.25 1.142 times
28 Tue May 2024 872.45 886.05 890.70 865.00 0.676 times
27 Mon May 2024 884.70 889.00 917.05 871.55 1.389 times
24 Fri May 2024 886.85 918.00 930.00 874.30 0.746 times
23 Thu May 2024 917.65 928.05 938.15 905.25 2.382 times
22 Wed May 2024 932.50 955.00 958.60 920.45 0.495 times
21 Tue May 2024 947.50 985.60 987.95 941.05 0.639 times

Stock of Newgen (Newgen) has showed a significant fall. This could be a good time to exit from this stock.

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 890.4 as stoploss in an intra day buy trade for a target of 937.41. However, stock will show a bearish move below 890.4.

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 626.05
Downside Target 688.00
Downside Target 841.05
Downside Target 866.90
Upside Target 921.75
Upside Target 961.45
Upside Target 987.95
Upside Target 992.50
Upside Target 1019.60
Upside Target 1057.90

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 870.82
Downside Intraday Target 839.68
Upside Intraday Target 947.27
Upside Intraday Target 992.58
Upside Intraday Target 916.13

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
03 Mon Jun 2024 901.95 950.10 961.45 885.00 0.62 times
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

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
03 Mon Jun 2024 901.95 950.10 961.45 885.00 0.076 times
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

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 gaining momentum.

MACD generated a SELL signal for Newgen in short term but the sell signal is initial and weak.

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 in or below the green cloud Prices appear to be coming down

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 and the buying is gaining 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 897.91 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 gaining momentum.

MACD generated a SELL signal for Newgen in short term but the sell signal is initial and weak.

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 in or below the green cloud Prices appear to be coming down

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 and the buying is gaining 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 897.91 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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