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(NEWGEN) Newgen Software complete technical analysis [charts+indicators] | Buy/Sell Newgen Software | (NEWGEN) share price targets

Complete technical analysis of Newgen Software (NEWGEN) by charts plus indicators, forecast predictions and share price targets for Newgen Software (NEWGEN)

Showing technical analysis as on 2024-04-03 View latest technical analysis

10 day averaged volume of Newgen Software is 177378

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	793.25	792.45	806.25	782.80	0.726 times
02 Tue Apr 2024	794.65	800.00	831.95	790.20	3.85 times
01 Mon Apr 2024	794.45	812.00	815.00	787.65	0.862 times
28 Thu Mar 2024	795.20	809.95	809.95	785.05	0.788 times
27 Wed Mar 2024	788.00	760.10	796.45	760.10	0.852 times
26 Tue Mar 2024	764.55	770.00	770.00	754.95	0.638 times
22 Fri Mar 2024	762.95	742.15	765.00	731.10	0.492 times
21 Thu Mar 2024	738.60	725.00	746.00	725.00	0.541 times
20 Wed Mar 2024	722.25	715.00	732.00	710.00	0.735 times
19 Tue Mar 2024	711.20	719.25	730.00	704.70	0.526 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 809.6 as stoploss in an intra day sell trade for a target of 768.7. However, stock will show a bullish move above 809.6.

Share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Target	676.05
Downside Target	704.70
Downside Target	754.95
Upside Target	804.95
Upside Target	831.95
Upside Target	861.90
Upside Target	870.10
Upside Target	894.90
Upside Target	1131.00
Upside Target	1167.00
Upside Target	1234.00

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	773.38
Downside Intraday Target	753.52
Upside Intraday Target	822.53
Upside Intraday Target	851.82
Upside Intraday Target	802.67

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	793.25	812.00	831.95	782.80	2.388 times
28 Thu Mar 2024	795.20	770.00	809.95	754.95	0.756 times
22 Fri Mar 2024	762.95	728.10	765.00	704.70	0.164 times
15 Fri Mar 2024	736.60	804.95	804.95	676.05	3.038 times
07 Thu Mar 2024	787.05	862.95	894.90	778.00	0.724 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 Software (NEWGEN)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	793.25	812.00	831.95	782.80	0.176 times
28 Thu Mar 2024	795.20	861.85	894.90	676.05	1.75 times
29 Thu Feb 2024	849.15	797.05	861.90	685.15	33.807 times
01 Wed Nov 2023	1144.00	1159.70	1167.00	1131.00	0.013 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 Software (NEWGEN)

Price action analysis of Newgen Software ( (NEWGEN) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newgen Software ( (NEWGEN) ) 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 Newgen Software ( (NEWGEN) ) 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 Newgen Software ( (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 Software stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Newgen Software 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.

Newgen Software 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 coming down

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

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 Software is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 777.8 and Newgen Software (NEWGEN) 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 Newgen Software (NEWGEN) stock. Volume based technical analysis of Newgen Software (NEWGEN) stock is negative.

Newgen Software 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.