Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-22 View latest technical analysis

10 day averaged volume of Newgen Software is 117257

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	932.40	954.20	961.30	922.05	1.059 times
21 Tue May 2024	948.35	958.00	989.95	940.00	1.078 times
18 Sat May 2024	986.50	996.15	1008.85	981.00	0.153 times
17 Fri May 2024	996.15	981.10	1000.00	977.70	0.689 times
16 Thu May 2024	983.80	994.45	1019.80	976.50	0.969 times
15 Wed May 2024	982.15	959.00	1000.00	949.30	1.205 times
14 Tue May 2024	957.15	935.00	974.00	935.00	1.006 times
13 Mon May 2024	944.25	986.80	986.80	921.00	1.34 times
10 Fri May 2024	979.95	949.25	994.40	946.75	1.64 times
09 Thu May 2024	945.80	1005.50	1008.55	940.00	1.155 times

My analysis of stock is bearish for shortterm, and stock might move down till 867.3 or till 780. Use a stoploss of 940 and if the stock hits stoploss, then it can shoot up till 1012.71

Share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Target	676.05
Downside Target	724.10
Downside Target	799.95
Downside Target	832.00
Downside Target	861.90
Downside Target	894.90
Downside Target	918.00
Upside Target	989.95
Upside Target	1019.80
Upside Target	1050.00
Upside Target	1058.10
Upside Target	1131.00
Upside Target	1167.00

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	906.32
Downside Intraday Target	880.23
Upside Intraday Target	974.22
Upside Intraday Target	1016.03
Upside Intraday Target	948.13

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	932.40	958.00	989.95	922.05	0.399 times
18 Sat May 2024	986.50	986.80	1019.80	921.00	0.642 times
10 Fri May 2024	979.95	1034.40	1058.10	940.00	0.186 times
03 Fri May 2024	1022.25	808.90	1050.00	799.95	7.021 times
26 Fri Apr 2024	805.60	739.95	832.00	734.55	1.22 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 Software (NEWGEN)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed May 2024	932.40	936.00	1058.10	918.00	0.551 times
30 Tue Apr 2024	929.05	812.00	995.00	724.10	1.231 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

Scroll below to view daily charts

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 Newgen Software (NEWGEN)

Price action analysis of Newgen Software ( (NEWGEN) ) based on a short 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 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 to mid 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Newgen Software in short term but the sell signal is initial and weak.

Newgen Software Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Software 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Newgen Software is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 962.84 and Newgen Software (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 Software (NEWGEN) stock. Volume based technical analysis of Newgen Software (NEWGEN) stock is negative.

Newgen Software 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.