(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 2024-10-17 View latest technical analysis
10 day averaged volume of Newgen is 54331
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 1244.00 | 1273.15 | 1290.00 | 1237.05 | 0.7 times |
| 16 Wed Oct 2024 | 1269.95 | 1320.00 | 1346.35 | 1261.50 | 1.147 times |
| 15 Tue Oct 2024 | 1298.45 | 1378.95 | 1395.00 | 1242.00 | 3.979 times |
| 14 Mon Oct 2024 | 1351.90 | 1393.95 | 1410.00 | 1342.00 | 1.151 times |
| 11 Fri Oct 2024 | 1374.20 | 1321.15 | 1398.00 | 1319.50 | 1.278 times |
| 10 Thu Oct 2024 | 1314.05 | 1289.95 | 1336.00 | 1285.00 | 0.58 times |
| 09 Wed Oct 2024 | 1274.50 | 1264.35 | 1313.10 | 1243.90 | 0.211 times |
| 08 Tue Oct 2024 | 1246.80 | 1240.05 | 1295.00 | 1234.75 | 0.242 times |
| 07 Mon Oct 2024 | 1254.65 | 1299.95 | 1370.05 | 1249.95 | 0.469 times |
| 03 Thu Oct 2024 | 1309.85 | 1295.00 | 1346.10 | 1270.00 | 0.432 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1258.2, but if it comes above 1258.2, then a intra day buy could be more profitable.
If you take a sell trade below 1258.2, then use 1258.2 as stoploss and 1201 as target. However if you take a buy trade in stock , then use 1258.2 as stoploss and 1305.85 as target.
Share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Target | 793.00 |
| Downside Target | 931.50 |
| Downside Target | 1020.30 |
| Downside Target | 1136.20 |
| Downside Target | 1234.75 |
| Upside Target | 1270.00 |
| Upside Target | 1349.90 |
| Upside Target | 1398.00 |
| Upside Target | 1410.00 |
| Upside Target | 1444.50 |
| Upside Target | 1547.20 |
Intraday share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Intraday Target | 1184.03 |
| Downside Intraday Target | 1124.07 |
| Upside Intraday Target | 1356.98 |
| Upside Intraday Target | 1469.97 |
| Upside Intraday Target | 1297.02 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 1244.00 | 1393.95 | 1410.00 | 1237.05 | 2.51 times |
| 11 Fri Oct 2024 | 1374.20 | 1299.95 | 1398.00 | 1234.75 | 1.646 times |
| 03 Thu Oct 2024 | 1309.85 | 1444.50 | 1444.50 | 1270.00 | 0.273 times |
| 27 Fri Sep 2024 | 1418.90 | 1348.60 | 1547.20 | 1279.75 | 2.044 times |
| 20 Fri Sep 2024 | 1322.15 | 1201.00 | 1349.90 | 1157.10 | 1.924 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Newgen (Newgen)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 1244.00 | 1345.90 | 1410.00 | 1234.75 | 0.844 times |
| 30 Mon Sep 2024 | 1343.05 | 1114.95 | 1547.20 | 1020.30 | 2.593 times |
| 30 Fri Aug 2024 | 1114.55 | 1036.00 | 1136.20 | 934.55 | 0.429 times |
| 31 Wed Jul 2024 | 1028.95 | 972.25 | 1156.20 | 931.50 | 0.499 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid 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 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.
Newgen Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal for Newgen in short term and SELL signal is strong!
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 1304.67 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid 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 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.
Newgen Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal for Newgen in short term and SELL signal is strong!
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 1304.67 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 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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