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(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)

10 day averaged volume of Newgen is 21448

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 1102.95 1064.25 1148.00 1047.70 1.747 times
18 Mon Nov 2024 1043.35 1230.00 1230.00 1031.85 3.039 times
14 Thu Nov 2024 1233.80 1194.10 1247.00 1187.40 0.441 times
13 Wed Nov 2024 1198.55 1250.00 1261.10 1190.85 1.681 times
12 Tue Nov 2024 1270.45 1279.00 1319.80 1259.45 0.516 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1094.1, for a target of 1171.5 or 1235.99

Share price targets for Newgen (Newgen)

Target Type Value
Downside Target 931.50
Downside Target 1020.30
Upside Target 1136.20
Upside Target 1230.00
Upside Target 1254.10
Upside Target 1292.95
Upside Target 1299.90
Upside Target 1319.80
Upside Target 1327.55
Upside Target 1410.00
Upside Target 1547.20

Intraday share price targets for Newgen (Newgen)

Target Type Value
Downside Intraday Target 1013.2
Downside Intraday Target 923.45
Upside Intraday Target 1211.35
Upside Intraday Target 1319.75
Upside Intraday Target 1121.6

Weekly technical analysis of Newgen (Newgen)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 1102.95 1230.00 1230.00 1031.85 1.555 times
14 Thu Nov 2024 1233.80 1252.45 1319.80 1187.40 1.12 times
08 Fri Nov 2024 1261.70 1299.55 1327.55 1254.10 0.89 times
01 Fri Nov 2024 1289.45 1220.05 1299.90 1193.05 0.377 times
25 Fri Oct 2024 1224.55 1260.05 1292.95 1176.50 0.446 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Newgen (Newgen)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 1102.95 1288.95 1327.55 1031.85 0.288 times
31 Thu Oct 2024 1284.20 1345.90 1410.00 1176.50 1.2 times
30 Mon Sep 2024 1343.05 1114.95 1547.20 1020.30 2.593 times
30 Fri Aug 2024 1114.55 1036.00 1136.20 934.55 0.429 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 11, 35, 53 Sell
MACD -30, 3Sell
Stochastics 20Sell
CCI -151Sell
RSI 42Sell
OBV -81661Sell
VWAP 1161Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

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

MACD generated a SELL signal for Newgen in short term and the sell signal is strong.

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 red color and prices are in or above the red cloud Prices appear to be moving up

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 but selling is losing 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 1161.34 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.

Click here for Newgen charts

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