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 2024-07-12 View latest technical analysis

10 day averaged volume of Newgen Software is 127462

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	1015.00	969.95	1044.90	956.05	7.573 times
11 Thu Jul 2024	959.20	987.25	993.75	955.00	1.074 times
10 Wed Jul 2024	975.10	952.65	985.00	930.00	1.092 times
09 Tue Jul 2024	951.40	950.50	959.00	938.35	0.533 times
08 Mon Jul 2024	944.50	934.40	954.85	931.00	1.153 times
05 Fri Jul 2024	954.85	976.10	990.90	950.00	1.201 times
04 Thu Jul 2024	969.70	1030.00	1035.00	953.65	1.878 times
03 Wed Jul 2024	1000.25	999.00	1014.00	997.00	0.672 times
02 Tue Jul 2024	989.60	1020.00	1028.00	983.35	0.814 times
01 Mon Jul 2024	1004.95	973.30	1011.00	972.50	1.016 times

Stock of Newgen Software (NEWGEN) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 999.7, but if it comes below 999.7, then a intra day sell could be more profitable.
If you take a sell trade below 999.7, then use 999.7 as stoploss and 970.76 as target. However if you take a buy trade in stock , then use 999.7 as stoploss and 1034.5 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	969.70
Downside Target	995.00
Upside Target	1017.95
Upside Target	1029.00
Upside Target	1035.00
Upside Target	1044.90
Upside Target	1058.10

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	948.37
Downside Intraday Target	881.73
Upside Intraday Target	1063.27
Upside Intraday Target	1111.53
Downside Intraday Target	996.63

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	1015.00	934.40	1044.90	930.00	2.047 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, 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
12 Fri Jul 2024	1015.00	973.30	1044.90	930.00	0.506 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Newgen Software in short term but the sell 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 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 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

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 990.49 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.