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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)

Showing technical analysis as on 2024-05-30 View latest technical analysis

10 day averaged volume of Newlight is 2232

Date Daily Closing Price Open High Low Volume
30 Thu May 2024 19.91 19.91 19.91 19.91 0.594 times
29 Wed May 2024 20.95 19.41 20.95 19.41 0.143 times
28 Tue May 2024 20.35 19.85 20.35 19.50 0.663 times
27 Mon May 2024 20.35 19.00 20.35 19.00 0.594 times
24 Fri May 2024 19.87 19.87 19.87 19.10 0.771 times
23 Thu May 2024 19.86 20.00 20.00 19.86 3.634 times
22 Wed May 2024 20.90 20.00 20.90 20.00 0.351 times
21 Tue May 2024 21.00 21.25 21.25 21.00 0.564 times
17 Fri May 2024 21.10 22.00 22.00 21.05 2.053 times
16 Thu May 2024 20.99 21.00 21.00 20.99 0.742 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.1, but if it comes above 20.1, then a intra day buy could be more profitable.
If you take a sell trade below 20.1, then use 20.1 as stoploss and 19.4 as target. However if you take a buy trade in stock , then use 20.1 as stoploss and 20.63 as target.

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
Upside Target 20.10
Upside Target 20.55
Upside Target 22.00
Upside Target 22.29
Upside Target 22.45
Upside Target 24.15
Upside Target 27.43

Intraday share price targets for Newlight (Newlight)

Target Type Value
Downside Intraday Target 18.96
Downside Intraday Target 18
Upside Intraday Target 20.91
Upside Intraday Target 21.9
Upside Intraday Target 19.95

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
30 Thu May 2024 19.91 19.00 20.95 19.00 0.375 times
24 Fri May 2024 19.87 21.25 21.25 19.10 0.894 times
17 Fri May 2024 21.10 20.99 22.00 20.10 1.156 times
10 Fri May 2024 20.01 21.00 22.45 19.41 1.274 times
03 Fri May 2024 21.50 21.85 22.29 20.55 0.261 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 Newlight (Newlight)

Date Monthly Closing Price Open High Low Volume
30 Thu May 2024 19.91 20.55 22.45 19.00 0.352 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

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 Newlight (Newlight)

Price action analysis of Newlight ( (Newlight) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 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 Newlight ( (Newlight) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Newlight stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Newlight in short term and the sell signal is strong.

Newlight 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Newlight 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.37 and Newlight (Newlight) 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Newlight ( (Newlight) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 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 Newlight ( (Newlight) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Newlight stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Newlight in short term and the sell signal is strong.

Newlight 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Newlight 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.37 and Newlight (Newlight) 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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