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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 2024-08-27 View latest technical analysis

10 day averaged volume of Newlight is 36791

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	51.62	51.63	51.65	51.62	0.322 times
26 Mon Aug 2024	50.64	50.63	50.64	50.63	0.082 times
23 Fri Aug 2024	49.65	48.65	49.65	48.65	0.182 times
22 Thu Aug 2024	48.68	48.68	48.68	48.68	0.325 times
21 Wed Aug 2024	47.73	46.80	47.73	46.80	3.377 times
20 Tue Aug 2024	46.80	47.01	47.95	46.80	0.666 times
19 Mon Aug 2024	47.01	48.53	48.53	47.01	0.512 times
16 Fri Aug 2024	47.58	45.72	47.58	45.72	0.502 times
14 Wed Aug 2024	46.65	45.72	47.58	45.72	1.091 times
13 Tue Aug 2024	46.65	46.65	46.65	46.65	1.274 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 50.2, but if it comes below 50.2, then a intra day sell could be more profitable.
If you take a sell trade below 50.2, then use 50.2 as stoploss and 45.22 as target. However if you take a buy trade in stock , then use 50.2 as stoploss and 56.2 as target.

Share price targets for Newlight (Newlight)

Target Type	Value
Downside Target	18.11
Downside Target	18.99
Downside Target	21.65
Downside Target	22.45
Downside Target	24.15
Downside Target	30.80
Downside Target	33.83
Downside Target	35.60
Downside Target	37.30
Downside Target	39.24
Downside Target	45.72
Downside Target	46.80
Downside Target	47.90
Downside Target	49.65
Downside Target	50.63
Upside Target	51.65

Intraday share price targets for Newlight (Newlight)

Target Type	Value
Downside Intraday Target	50.95
Downside Intraday Target	50.28
Upside Intraday Target	51.97
Upside Intraday Target	52.32
Downside Intraday Target	51.3

Weekly technical analysis of Newlight (Newlight)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	51.62	50.63	51.65	50.63	0.08 times
23 Fri Aug 2024	49.65	48.53	49.65	46.80	1.043 times
16 Fri Aug 2024	47.58	47.57	47.90	45.72	0.466 times
09 Fri Aug 2024	50.07	37.30	50.07	37.30	1.867 times
02 Fri Aug 2024	39.24	31.50	39.24	30.80	1.103 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
27 Tue Aug 2024	51.62	35.60	51.65	33.83	0.976 times
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

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

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 but buying is losing 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 47.55 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.