(Newgen) Newgen complete technical analysis [charts+indicators] | Buy/Sell Newgen | (Newgen) share price targets
Complete technical analysis of Newgen (Newgen) by charts plus indicators, forecast predictions and share price targets for Newgen (Newgen)
Showing technical analysis as on 2024-05-31 View latest technical analysis
10 day averaged volume of Newgen is 11957
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 916.30 | 850.00 | 925.00 | 841.05 | 1.206 times |
| 30 Thu May 2024 | 850.90 | 864.00 | 870.95 | 849.90 | 1.092 times |
| 29 Wed May 2024 | 864.75 | 872.40 | 886.00 | 860.25 | 1.208 times |
| 28 Tue May 2024 | 872.45 | 886.05 | 890.70 | 865.00 | 0.715 times |
| 27 Mon May 2024 | 884.70 | 889.00 | 917.05 | 871.55 | 1.47 times |
| 24 Fri May 2024 | 886.85 | 918.00 | 930.00 | 874.30 | 0.79 times |
| 23 Thu May 2024 | 917.65 | 928.05 | 938.15 | 905.25 | 2.52 times |
| 22 Wed May 2024 | 932.50 | 955.00 | 958.60 | 920.45 | 0.524 times |
| 21 Tue May 2024 | 947.50 | 985.60 | 987.95 | 941.05 | 0.676 times |
| 18 Sat May 2024 | 985.60 | 1001.95 | 1003.35 | 981.65 | 0.38 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 894.2 as stoploss in an intra day buy trade for a target of 941.77. However, stock will show a bearish move below 894.2.
Share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Target | 626.05 |
| Downside Target | 688.00 |
| Downside Target | 790.00 |
| Downside Target | 841.05 |
| Downside Target | 866.90 |
| Downside Target | 894.95 |
| Upside Target | 921.75 |
| Upside Target | 987.95 |
| Upside Target | 992.50 |
| Upside Target | 1019.60 |
| Upside Target | 1050.45 |
| Upside Target | 1057.90 |
| Upside Target | 1651.00 |
Intraday share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Intraday Target | 863.23 |
| Downside Intraday Target | 810.17 |
| Upside Intraday Target | 947.18 |
| Upside Intraday Target | 978.07 |
| Downside Intraday Target | 894.12 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 916.30 | 889.00 | 925.00 | 841.05 | 1.262 times |
| 24 Fri May 2024 | 886.85 | 985.60 | 987.95 | 874.30 | 0.624 times |
| 18 Sat May 2024 | 985.60 | 982.00 | 1019.60 | 921.75 | 0.567 times |
| 10 Fri May 2024 | 983.65 | 1039.95 | 1057.90 | 939.00 | 0.411 times |
| 03 Fri May 2024 | 1023.50 | 809.00 | 1050.45 | 800.90 | 4.121 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 Newgen (Newgen)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 916.30 | 937.95 | 1057.90 | 841.05 | 1.13 times |
| 30 Tue Apr 2024 | 929.65 | 811.15 | 992.50 | 626.05 | 1.273 times |
| 28 Thu Mar 2024 | 794.55 | 850.20 | 894.95 | 688.00 | 1.033 times |
| 29 Thu Feb 2024 | 850.00 | 865.90 | 866.90 | 694.95 | 0.682 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 Newgen (Newgen)
Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Newgen ( (Newgen) ) 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 Newgen ( (Newgen) ) 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 Newgen ( (Newgen) ) 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 Newgen stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Newgen 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.
Newgen 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Newgen in short term but BUY signal is weak.
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
Stock of Newgen is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 899.72 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Newgen (Newgen) stock. Volume based technical analysis of Newgen (Newgen) stock is negative.
Newgen Stock has given negative 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.
Price action analysis of Newgen ( (Newgen) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Newgen ( (Newgen) ) 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 Newgen ( (Newgen) ) 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 Newgen ( (Newgen) ) 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 Newgen stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Newgen 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.
Newgen 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Newgen in short term but BUY signal is weak.
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
Stock of Newgen is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 899.72 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Newgen (Newgen) stock. Volume based technical analysis of Newgen (Newgen) stock is negative.
Newgen Stock has given negative 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.
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