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(Newlight) Newlight complete technical analysis [charts+indicators] | Buy/Sell Newlight | (Newlight) share price targets

Complete technical analysis of Newlight (Newlight) by charts plus indicators, forecast predictions and share price targets for Newlight (Newlight)

10 day averaged volume of Newlight is 4338

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 21.49 21.98 21.98 20.19 0.473 times
06 Mon May 2024 21.25 21.00 21.49 20.61 0.177 times
03 Fri May 2024 21.50 21.64 21.64 20.70 0.187 times
02 Thu May 2024 20.65 20.55 20.65 20.55 1.156 times
30 Tue Apr 2024 20.74 20.75 22.29 20.74 0.476 times

My analysis of stock is bearish for shortterm, and stock might move down till 21 or till 19.9. Use a stoploss of 21.88 and if the stock hits stoploss, then it can shoot up till 22.79

Share price targets for Newlight (Newlight)

Target Type Value
Downside Target 15.00
Downside Target 16.44
Downside Target 17.35
Downside Target 18.50
Downside Target 18.99
Downside Target 19.60
Downside Target 20.19
Upside Target 21.50
Upside Target 21.98
Upside Target 22.29
Upside Target 23.87
Upside Target 24.15
Upside Target 27.43

Intraday share price targets for Newlight (Newlight)

Target Type Value
Downside Intraday Target 20.46
Downside Intraday Target 19.43
Upside Intraday Target 22.25
Upside Intraday Target 23.01
Downside Intraday Target 21.22

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 21.49 21.00 21.98 20.19 0.313 times
03 Fri May 2024 21.50 21.85 22.29 20.55 0.261 times
26 Fri Apr 2024 21.85 21.50 24.15 21.50 1.348 times
19 Fri Apr 2024 21.50 21.24 21.50 20.50 0.752 times
12 Fri Apr 2024 21.90 23.49 23.87 21.90 0.951 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 Newlight (Newlight)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 21.49 20.55 21.98 20.19 0.065 times
30 Tue Apr 2024 20.74 19.01 24.15 18.99 3.972 times
27 Wed Mar 2024 18.89 17.88 19.60 16.44 0.089 times
29 Thu Feb 2024 17.88 17.95 27.43 17.35 2.377 times

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 Newlight (Newlight)

Indicator Name Indicator Value Indicator Signal
ADX 32, 18, 28 Buy
MACD 1, 1Sell
Stochastics 26Sell
CCI -50Buy
RSI 59Buy
OBV 21080Sell
VWAP 22Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Newlight ( (Newlight) ) 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 Newlight ( (Newlight) ) 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 Newlight ( (Newlight) ) based on a short to mid 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 Newlight ( (Newlight) ) 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 Newlight stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Newlight 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 in or above the red cloud Prices appear to be moving up

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

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

MRSI is in positive zone. This is a BUY zone

Stock of Newlight is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.3 and Newlight (Newlight) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Newlight 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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