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 2024-10-07 View latest technical analysis

10 day averaged volume of Newgen Software is 712029

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	1256.40	1298.00	1368.00	1248.00	0.751 times
04 Fri Oct 2024	1294.30	1319.95	1324.60	1270.05	0.249 times
03 Thu Oct 2024	1308.60	1295.00	1353.40	1267.40	0.304 times
01 Tue Oct 2024	1318.70	1349.90	1366.60	1307.05	0.364 times
30 Mon Sep 2024	1341.35	1427.20	1440.95	1335.00	0.482 times
27 Fri Sep 2024	1414.75	1358.30	1450.00	1350.05	1.562 times
26 Thu Sep 2024	1332.00	1302.15	1548.00	1302.15	5.441 times
25 Wed Sep 2024	1304.25	1316.40	1316.40	1276.05	0.149 times
24 Tue Sep 2024	1316.95	1328.95	1340.00	1295.45	0.48 times
23 Mon Sep 2024	1330.45	1325.00	1352.00	1313.45	0.302 times

My analysis of stock is bullish for shortterm, and stock might move up till 1347.5 or till 1469.4. Use a stoploss of 1246 and if this stock hits its stoploss, then it can fall down till 1144.47

Share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Target	780.00
Downside Target	930.00
Downside Target	1029.00
Downside Target	1134.90
Downside Target	1220.95
Downside Target	1248.00
Upside Target	1276.05
Upside Target	1350.05
Upside Target	1368.00
Upside Target	1440.95
Upside Target	1548.00

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	1213.6
Downside Intraday Target	1170.8
Upside Intraday Target	1333.6
Upside Intraday Target	1410.8
Upside Intraday Target	1290.8

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	1256.40	1298.00	1368.00	1248.00	0.537 times
04 Fri Oct 2024	1294.30	1427.20	1440.95	1267.40	0.176 times
27 Fri Sep 2024	1414.75	1325.00	1548.00	1276.05	2.582 times
20 Fri Sep 2024	1323.05	1225.00	1350.05	1157.05	1.28 times
13 Fri Sep 2024	1191.50	1096.05	1220.95	1050.00	1.666 times

Price has moved down 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
07 Mon Oct 2024	1256.40	1349.90	1368.00	1248.00	0.109 times
30 Mon Sep 2024	1341.35	1121.90	1548.00	1035.25	3.044 times
30 Fri Aug 2024	1114.50	1034.95	1134.90	940.05	0.58 times
31 Wed Jul 2024	1029.20	973.30	1156.95	930.00	1.442 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 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 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 SELL signal for Newgen Software in short term but the sell signal is initial and weak.

Newgen Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 SELL signal for Newgen Software in short term and SELL 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 1336.35 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.