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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 2024-08-12 View latest technical analysis

10 day averaged volume of Newgen Software is 199480

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	1046.75	1015.75	1079.50	1015.75	1.145 times
09 Fri Aug 2024	1030.75	1025.25	1054.55	1021.55	0.658 times
08 Thu Aug 2024	1014.45	962.10	1024.75	962.10	0.864 times
07 Wed Aug 2024	976.70	970.00	990.00	960.35	0.455 times
06 Tue Aug 2024	958.25	967.50	1000.00	950.00	1.474 times
05 Mon Aug 2024	955.70	976.00	994.00	940.05	1.501 times
02 Fri Aug 2024	1021.25	1044.10	1051.35	1012.00	0.604 times
01 Thu Aug 2024	1055.50	1034.95	1082.50	1034.95	1.068 times
31 Wed Jul 2024	1029.20	1024.80	1048.60	1010.00	0.748 times
30 Tue Jul 2024	1024.80	1070.00	1080.50	1018.30	0.96 times

My analysis of stock is bullish for shortterm, and stock might move up till 1065.6 or till 1107.9. Use a stoploss of 1030.33 and if this stock hits its stoploss, then it can fall down till 995.08

Share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Target	724.10
Downside Target	780.00
Downside Target	842.30
Downside Target	930.00
Downside Target	976.00
Upside Target	1054.55
Upside Target	1058.10
Upside Target	1079.50
Upside Target	1082.50
Upside Target	1092.00
Upside Target	1125.00
Upside Target	1156.95

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	1015.17
Downside Intraday Target	983.58
Upside Intraday Target	1078.92
Upside Intraday Target	1111.08
Upside Intraday Target	1047.33

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	1046.75	1015.75	1079.50	1015.75	0.231 times
09 Fri Aug 2024	1030.75	976.00	1054.55	940.05	0.981 times
02 Fri Aug 2024	1021.25	1077.00	1125.00	1010.00	0.662 times
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

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
12 Mon Aug 2024	1046.75	1034.95	1082.50	940.05	0.251 times
31 Wed Jul 2024	1029.20	973.30	1156.95	930.00	1.442 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

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 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 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 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. 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 SELL signal in short term and selling is picking up 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 1006.89 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 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.