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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)

10 day averaged volume of Newgen is 16363

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 947.50 985.60 987.95 941.05 0.494 times
20 Mon May 2024 985.60 1001.95 1003.35 981.65 0.278 times
17 Fri May 2024 996.25 975.05 1000.45 975.05 0.457 times
16 Thu May 2024 983.45 998.95 1019.60 976.15 0.973 times
15 Wed May 2024 982.15 973.95 999.45 950.00 1.182 times

My analysis of stock is bullish for shortterm, and stock might move up till 1015.3 or till 1116.7. Use a stoploss of 930.84 and if this stock hits its stoploss, then it can fall down till 846.34

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 626.05
Downside Target 688.00
Downside Target 733.60
Downside Target 790.00
Downside Target 832.35
Downside Target 866.90
Downside Target 894.95
Downside Target 918.25
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 924.58
Downside Intraday Target 901.67
Upside Intraday Target 986.88
Upside Intraday Target 1026.27
Upside Intraday Target 963.97

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 947.50 1001.95 1003.35 941.05 0.154 times
17 Fri May 2024 996.25 982.00 1019.60 921.75 0.537 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
26 Fri Apr 2024 803.90 737.35 832.35 733.60 1.126 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
21 Tue May 2024 947.50 937.95 1057.90 918.25 0.897 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 24, 21, 7 Buy
MACD 72, 75Sell
Stochastics 49None
CCI -74Sell
RSI 46Sell
OBV 377964Sell
VWAP 969Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 968.56 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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