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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 2024-09-11 View latest technical analysis

10 day averaged volume of Newlight is 45132

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	59.16	61.56	61.56	59.16	0.505 times
10 Tue Sep 2024	60.36	60.37	60.37	60.36	0.707 times
09 Mon Sep 2024	59.19	59.19	59.19	59.19	0.677 times
06 Fri Sep 2024	58.04	58.04	58.05	58.04	0.522 times
05 Thu Sep 2024	56.92	56.91	56.92	56.91	0.655 times
04 Wed Sep 2024	55.81	53.63	55.81	53.63	2.877 times
03 Tue Sep 2024	54.72	56.94	56.94	54.72	0.902 times
02 Mon Sep 2024	55.83	55.83	55.83	55.83	1.709 times
30 Fri Aug 2024	54.74	54.74	54.75	54.74	0.516 times
29 Thu Aug 2024	53.68	53.68	53.69	53.68	0.958 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.4, but if it comes below 57.4, then a intra day sell could be more profitable.
If you take a sell trade below 57.4, then use 57.4 as stoploss and 52.87 as target. However if you take a buy trade in stock , then use 57.4 as stoploss and 62.7 as target.

Share price targets for Newlight (Newlight)

Target Type	Value
Downside Target	18.11
Downside Target	19.00
Downside Target	21.65
Downside Target	22.45
Downside Target	33.83
Downside Target	35.60
Downside Target	45.72
Downside Target	46.80
Downside Target	47.90
Downside Target	49.65
Downside Target	53.63
Downside Target	54.75
Downside Target	58.05
Downside Target	59.16
Upside Target	61.56

Intraday share price targets for Newlight (Newlight)

Target Type	Value
Downside Intraday Target	58.36
Downside Intraday Target	57.56
Upside Intraday Target	60.76
Upside Intraday Target	62.36
Upside Intraday Target	59.96

Weekly technical analysis of Newlight (Newlight)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	59.16	59.19	61.56	59.16	0.283 times
06 Fri Sep 2024	58.04	55.83	58.05	53.63	2.923 times
30 Fri Aug 2024	54.74	50.63	54.75	50.63	0.553 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

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
11 Wed Sep 2024	59.16	55.83	61.56	53.63	0.413 times
30 Fri Aug 2024	54.74	35.60	54.75	33.83	1.078 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

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 term time period is neutral. A longer time frame might give a better analysis.

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 losing momentum.

MACD generated a BUY signal for Newlight in short term and the buy signal is strong.

Newlight Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Newlight in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 56.36 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.