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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 2024-07-26 View latest technical analysis

10 day averaged volume of Newgen Software is 432084

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	1077.65	1060.35	1084.00	1054.75	0.28 times
25 Thu Jul 2024	1060.35	1074.00	1087.55	1037.10	0.317 times
24 Wed Jul 2024	1087.55	1070.00	1156.95	1061.70	1.396 times
23 Tue Jul 2024	1057.85	1021.70	1096.80	1005.05	1.216 times
22 Mon Jul 2024	1021.65	1000.00	1028.15	986.60	0.311 times
19 Fri Jul 2024	1004.35	1026.00	1026.00	1000.00	0.536 times
18 Thu Jul 2024	1026.00	1054.90	1054.90	976.00	2.102 times
16 Tue Jul 2024	1049.05	1044.75	1056.80	1025.05	0.399 times
15 Mon Jul 2024	1038.75	1033.00	1092.00	1015.10	1.171 times
12 Fri Jul 2024	1015.00	969.95	1044.90	956.05	2.234 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1050.6, but if it comes below 1050.6, then a intra day sell could be more profitable.
If you take a sell trade below 1050.6, then use 1050.6 as stoploss and 1007.98 as target. However if you take a buy trade in stock , then use 1050.6 as stoploss and 1101.7 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	894.90
Downside Target	930.00
Downside Target	976.00
Downside Target	1029.00
Downside Target	1035.00
Downside Target	1044.90
Downside Target	1058.10
Upside Target	1092.00
Upside Target	1156.95

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	990.52
Downside Intraday Target	903.38
Upside Intraday Target	1160.87
Upside Intraday Target	1244.08
Downside Intraday Target	1073.73

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	1077.65	1000.00	1156.95	986.60	0.836 times
19 Fri Jul 2024	1004.35	1033.00	1092.00	976.00	1.249 times
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

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
26 Fri Jul 2024	1077.65	973.30	1156.95	930.00	1.285 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 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 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 tired and bears 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1039.72 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.