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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 2024-07-11 View latest technical analysis

10 day averaged volume of Newgen Software is 125403

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	959.20	987.25	993.75	955.00	1.092 times
10 Wed Jul 2024	975.10	952.65	985.00	930.00	1.11 times
09 Tue Jul 2024	951.40	950.50	959.00	938.35	0.542 times
08 Mon Jul 2024	944.50	934.40	954.85	931.00	1.172 times
05 Fri Jul 2024	954.85	976.10	990.90	950.00	1.221 times
04 Thu Jul 2024	969.70	1030.00	1035.00	953.65	1.909 times
03 Wed Jul 2024	1000.25	999.00	1014.00	997.00	0.683 times
02 Tue Jul 2024	989.60	1020.00	1028.00	983.35	0.828 times
01 Mon Jul 2024	1004.95	973.30	1011.00	972.50	1.032 times
28 Fri Jun 2024	971.75	974.00	988.40	968.05	0.575 times

My analysis of stock is bearish for shortterm, and stock might move down till 937.5 or till 903. Use a stoploss of 966.26 and if the stock hits stoploss, then it can shoot up till 995.02

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
Upside Target	969.70
Upside Target	993.75
Upside Target	1017.95
Upside Target	1029.00
Upside Target	1035.00
Upside Target	1058.10

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	928.22
Downside Intraday Target	897.23
Upside Intraday Target	991.97
Upside Intraday Target	1024.73
Upside Intraday Target	960.98

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	959.20	934.40	993.75	930.00	0.69 times
05 Fri Jul 2024	954.85	973.30	1035.00	950.00	0.854 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

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
11 Thu Jul 2024	959.20	973.30	1035.00	930.00	0.281 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 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 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 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 Software ( (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 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 gaining 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 weakening, and bulls are picking up momentum!

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 buy signal for Newgen Software in short term but BUY signal is weak.

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 970.87 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.