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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)

10 day averaged volume of Newlight is 485957

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 12.81 12.81 12.81 12.81 1.639 times
18 Mon Nov 2024 12.56 12.56 12.56 12.56 1.174 times
14 Thu Nov 2024 12.32 12.32 12.32 12.32 1.082 times
13 Wed Nov 2024 12.08 12.08 12.08 12.08 1.215 times
12 Tue Nov 2024 11.86 11.86 11.86 11.86 0.6 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 13.3, for a target of 11.9 or 10.73

Share price targets for Newlight (Newlight)

Target Type Value
Downside Target 7.62
Downside Target 8.89
Downside Target 9.60
Downside Target 10.37
Downside Target 11.41
Downside Target 12.32
Upside Target 18.35
Upside Target 33.83
Upside Target 35.60
Upside Target 53.63
Upside Target 54.75
Upside Target 67.83
Upside Target 76.21

Intraday share price targets for Newlight (Newlight)

Target Type Value
Downside Intraday Target 12.64
Downside Intraday Target 12.48
Upside Intraday Target 12.89
Upside Intraday Target 12.98
Downside Intraday Target 12.73

Weekly technical analysis of Newlight (Newlight)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 12.81 12.56 12.81 12.56 0.786 times
14 Thu Nov 2024 12.32 11.63 12.32 11.63 0.718 times
08 Fri Nov 2024 11.41 10.56 11.41 10.56 1.614 times
31 Thu Oct 2024 10.36 9.79 10.37 9.79 0.78 times
25 Fri Oct 2024 9.60 8.89 9.60 8.89 1.267 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
19 Tue Nov 2024 12.81 10.56 12.81 10.56 0.776 times
31 Thu Oct 2024 10.36 69.18 76.21 7.62 7.239 times
30 Mon Sep 2024 67.83 55.83 67.83 53.63 1.051 times
30 Fri Aug 2024 54.74 35.60 54.75 33.83 1.078 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 38, 61, 23 Sell
MACD -11, -13Buy
Stochastics 100Buy
CCI 124Buy
RSI 4Sell
OBV 9239723Sell
VWAP 12Buy
ADL 0Sell
ROC 21Buy
Force Index 0Sell

Price action analysis of Newlight ( (Newlight) ) based on a short term time period is

Price action analysis of Newlight ( (Newlight) ) based on a short term time period is

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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Newlight in short term but the buy 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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 11.88 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 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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