(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 2024-06-04 View latest technical analysis
10 day averaged volume of Newlight is 2908
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 19.25 | 19.00 | 19.25 | 18.11 | 0.214 times |
| 03 Mon Jun 2024 | 19.00 | 18.12 | 19.75 | 18.12 | 1.106 times |
| 31 Fri May 2024 | 19.00 | 20.89 | 20.89 | 19.00 | 3.281 times |
| 30 Thu May 2024 | 19.91 | 19.91 | 19.91 | 19.91 | 0.456 times |
| 29 Wed May 2024 | 20.95 | 19.41 | 20.95 | 19.41 | 0.11 times |
| 28 Tue May 2024 | 20.35 | 19.85 | 20.35 | 19.50 | 0.509 times |
| 27 Mon May 2024 | 20.35 | 19.00 | 20.35 | 19.00 | 0.456 times |
| 24 Fri May 2024 | 19.87 | 19.87 | 19.87 | 19.10 | 0.592 times |
| 23 Thu May 2024 | 19.86 | 20.00 | 20.00 | 19.86 | 2.789 times |
| 22 Wed May 2024 | 20.90 | 20.00 | 20.90 | 20.00 | 0.269 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.6, but if it comes above 19.6, then a intra day buy could be more profitable.
If you take a sell trade below 19.6, then use 19.6 as stoploss and 18.7 as target. However if you take a buy trade in stock , then use 19.6 as stoploss and 20.32 as target.
Share price targets for Newlight (Newlight)
| Target Type | Value |
| Downside Target | 16.44 |
| Downside Target | 17.35 |
| Downside Target | 18.11 |
| Downside Target | 18.99 |
| Upside Target | 20.10 |
| Upside Target | 20.95 |
| Upside Target | 21.25 |
| Upside Target | 22.00 |
| 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 | 18.32 |
| Downside Intraday Target | 17.4 |
| Upside Intraday Target | 19.96 |
| Upside Intraday Target | 20.68 |
| Downside Intraday Target | 19.04 |
Weekly technical analysis of Newlight (Newlight)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 19.25 | 18.12 | 19.75 | 18.11 | 0.274 times |
| 31 Fri May 2024 | 19.00 | 19.00 | 20.95 | 19.00 | 1.178 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 |
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 |
| 04 Tue Jun 2024 | 19.25 | 18.12 | 19.75 | 18.11 | 0.068 times |
| 31 Fri May 2024 | 19.00 | 20.55 | 22.45 | 19.00 | 0.424 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 |
Scroll below to view daily charts
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)
Price action analysis of Newlight ( (Newlight) ) 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 Newlight ( (Newlight) ) 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 Newlight ( (Newlight) ) 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Newlight in short term and the sell signal is strong.
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 below the red cloud Prices appear to be moving up
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
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 19.55 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 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 Newlight ( (Newlight) ) 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 Newlight ( (Newlight) ) 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Newlight in short term and the sell signal is strong.
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 below the red cloud Prices appear to be moving up
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
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 19.55 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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