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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 2024-07-01 View latest technical analysis

10 day averaged volume of Newgen Software is 261739

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	1004.95	973.30	1011.00	972.50	0.495 times
28 Fri Jun 2024	971.75	974.00	988.40	968.05	0.276 times
27 Thu Jun 2024	965.30	962.60	983.70	955.05	0.444 times
26 Wed Jun 2024	974.65	1020.00	1024.30	945.05	0.564 times
25 Tue Jun 2024	1012.65	1010.00	1029.00	982.80	0.935 times
24 Mon Jun 2024	1000.30	1020.00	1029.00	977.95	0.964 times
21 Fri Jun 2024	1004.90	964.00	1017.95	963.80	1.927 times
20 Thu Jun 2024	950.25	939.85	971.90	936.35	0.632 times
19 Wed Jun 2024	928.50	931.65	990.00	880.05	3.245 times
18 Tue Jun 2024	924.70	917.70	931.00	900.60	0.547 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 985.8, but if it comes below 985.8, then a intra day sell could be more profitable.
If you take a sell trade below 985.8, then use 985.8 as stoploss and 944.35 as target. However if you take a buy trade in stock , then use 985.8 as stoploss and 1035.6 as target.

Share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Target	676.05
Downside Target	724.10
Downside Target	780.00
Downside Target	842.30
Downside Target	880.05
Downside Target	913.05
Downside Target	945.05
Downside Target	968.00
Downside Target	995.00
Upside Target	1011.00
Upside Target	1017.95
Upside Target	1029.00
Upside Target	1058.10

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	981.3
Downside Intraday Target	957.65
Upside Intraday Target	1019.8
Upside Intraday Target	1034.65
Downside Intraday Target	996.15

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	1004.95	973.30	1011.00	972.50	0.155 times
28 Fri Jun 2024	971.75	1020.00	1029.00	945.05	0.501 times
21 Fri Jun 2024	1004.90	917.70	1017.95	880.05	2.709 times
14 Fri Jun 2024	917.70	955.00	969.70	913.05	0.522 times
07 Fri Jun 2024	949.15	959.35	968.00	780.00	1.617 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 Newgen Software (NEWGEN)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	1004.95	973.30	1011.00	972.50	0.03 times
28 Fri Jun 2024	971.75	959.35	1029.00	780.00	0.905 times
31 Fri May 2024	913.70	936.00	1058.10	842.30	0.699 times
30 Tue Apr 2024	929.05	812.00	995.00	724.10	1.231 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 gaining momentum.

MACD generated a BUY signal for Newgen Software in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Newgen Software in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 968.28 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.