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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 2024-07-31 View latest technical analysis

10 day averaged volume of Newlight is 36851

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	35.60	33.00	35.60	33.00	1.022 times
30 Tue Jul 2024	33.91	32.29	33.91	32.29	0.729 times
29 Mon Jul 2024	32.30	31.50	32.30	30.80	1.498 times
26 Fri Jul 2024	30.80	28.80	30.80	28.22	1.165 times
25 Thu Jul 2024	29.70	28.31	29.70	27.00	0.707 times
24 Wed Jul 2024	28.31	28.31	28.50	28.31	2.597 times
23 Tue Jul 2024	29.80	29.80	29.80	29.80	0.019 times
22 Mon Jul 2024	31.36	31.36	31.36	31.36	0.557 times
19 Fri Jul 2024	33.01	33.01	33.01	33.01	1.553 times
18 Thu Jul 2024	31.44	31.44	31.44	31.44	0.707 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.7, but if it comes below 32.7, then a intra day sell could be more profitable.
If you take a sell trade below 32.7, then use 32.7 as stoploss and 27.59 as target. However if you take a buy trade in stock , then use 32.7 as stoploss and 38.7 as target.

Share price targets for Newlight (Newlight)

Target Type	Value
Downside Target	16.44
Downside Target	18.11
Downside Target	18.99
Downside Target	20.90
Downside Target	21.65
Downside Target	22.45
Downside Target	24.15
Downside Target	27.00
Downside Target	28.53
Downside Target	30.80
Downside Target	31.36
Downside Target	33.01
Downside Target	35.60

Intraday share price targets for Newlight (Newlight)

Target Type	Value
Downside Intraday Target	32.4
Downside Intraday Target	29.2
Upside Intraday Target	37.2
Upside Intraday Target	38.8
Downside Intraday Target	34

Weekly technical analysis of Newlight (Newlight)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	35.60	31.50	35.60	30.80	0.644 times
26 Fri Jul 2024	30.80	31.36	31.36	27.00	1.651 times
19 Fri Jul 2024	33.01	28.53	33.01	28.53	0.278 times
12 Fri Jul 2024	27.18	19.26	27.18	19.26	8.93 times
05 Fri Jul 2024	19.25	20.00	20.90	18.35	4.14 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
31 Wed Jul 2024	35.60	20.00	35.60	18.35	24.691 times
28 Fri Jun 2024	20.00	18.12	21.65	18.11	0.623 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Newlight (Newlight)

Price action analysis of Newlight ( (Newlight) ) 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 Newlight ( (Newlight) ) 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 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 BUY signal for Newlight in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Newlight Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Newlight in short term and BUY 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

Although the stock is in the BUY zone, but buying 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 31.4 and Newlight (Newlight) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.