(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 2024-08-05 View latest technical analysis
10 day averaged volume of Newgen is 23103
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 958.50 | 934.55 | 992.20 | 934.55 | 0.756 times |
| 02 Fri Aug 2024 | 1020.50 | 1053.85 | 1053.85 | 1012.10 | 0.459 times |
| 01 Thu Aug 2024 | 1055.10 | 1036.00 | 1080.40 | 1036.00 | 0.383 times |
| 31 Wed Jul 2024 | 1028.95 | 1026.75 | 1048.00 | 1009.25 | 1.211 times |
| 30 Tue Jul 2024 | 1026.05 | 1062.00 | 1079.45 | 1018.25 | 1.556 times |
| 29 Mon Jul 2024 | 1072.30 | 1097.95 | 1124.90 | 1064.45 | 0.727 times |
| 26 Fri Jul 2024 | 1077.55 | 1084.90 | 1084.90 | 1057.90 | 0.34 times |
| 25 Thu Jul 2024 | 1059.75 | 1065.40 | 1086.00 | 1040.00 | 0.489 times |
| 24 Wed Jul 2024 | 1087.10 | 1087.95 | 1156.20 | 1065.30 | 2.383 times |
| 23 Tue Jul 2024 | 1065.30 | 1040.00 | 1096.10 | 1005.95 | 1.29 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 978.5, but if it comes above 978.5, then a intra day buy could be more profitable.
If you take a sell trade below 978.5, then use 978.5 as stoploss and 927.1 as target. However if you take a buy trade in stock , then use 978.5 as stoploss and 1021.42 as target.
Share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Target | 626.05 |
| Downside Target | 793.00 |
| Downside Target | 841.05 |
| Downside Target | 931.50 |
| Upside Target | 977.60 |
| Upside Target | 1043.00 |
| Upside Target | 1057.90 |
| Upside Target | 1080.40 |
| Upside Target | 1082.10 |
| Upside Target | 1124.90 |
| Upside Target | 1156.20 |
Intraday share price targets for Newgen (Newgen)
| Target Type | Value |
| Downside Intraday Target | 931.3 |
| Downside Intraday Target | 904.1 |
| Upside Intraday Target | 988.95 |
| Upside Intraday Target | 1019.4 |
| Upside Intraday Target | 961.75 |
Weekly technical analysis of Newgen (Newgen)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 958.50 | 934.55 | 992.20 | 934.55 | 0.174 times |
| 02 Fri Aug 2024 | 1020.50 | 1097.95 | 1124.90 | 1009.25 | 0.765 times |
| 26 Fri Jul 2024 | 1077.55 | 995.00 | 1156.20 | 985.50 | 0.88 times |
| 19 Fri Jul 2024 | 1004.35 | 1034.00 | 1082.10 | 977.60 | 0.956 times |
| 12 Fri Jul 2024 | 1015.95 | 938.00 | 1043.00 | 931.50 | 1.518 times |
Price has moved down 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 |
| 05 Mon Aug 2024 | 958.50 | 1036.00 | 1080.40 | 934.55 | 0.06 times |
| 31 Wed Jul 2024 | 1028.95 | 972.25 | 1156.20 | 931.50 | 0.499 times |
| 28 Fri Jun 2024 | 971.80 | 950.10 | 1028.00 | 793.00 | 2.247 times |
| 31 Fri May 2024 | 916.30 | 937.95 | 1057.90 | 841.05 | 1.13 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 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 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 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 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 SELL. 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.
Newgen Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newgen 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Newgen is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1049.48 and Newgen (Newgen) 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 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 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 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 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 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 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 SELL. 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.
Newgen Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newgen 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Newgen is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1049.48 and Newgen (Newgen) 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 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 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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