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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 2024-10-24 View latest technical analysis

10 day averaged volume of Newgen Software is 653277

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	1268.30	1240.05	1284.80	1240.05	0.403 times
23 Wed Oct 2024	1234.00	1187.00	1270.00	1180.10	0.575 times
22 Tue Oct 2024	1188.10	1251.25	1262.75	1175.05	0.611 times
21 Mon Oct 2024	1263.85	1267.85	1291.95	1249.05	0.352 times
18 Fri Oct 2024	1257.65	1240.00	1269.85	1213.50	0.371 times
17 Thu Oct 2024	1244.40	1277.65	1291.35	1237.25	0.438 times
16 Wed Oct 2024	1269.55	1320.00	1344.00	1260.95	1.723 times
15 Tue Oct 2024	1296.00	1359.90	1397.70	1243.00	3.873 times
14 Mon Oct 2024	1350.85	1383.00	1409.50	1341.70	0.774 times
11 Fri Oct 2024	1373.30	1318.90	1401.95	1315.05	0.819 times

My analysis of stock is bearish for shortterm, and stock might move down till 1240.4 or till 1178.2. Use a stoploss of 1292.25 and if the stock hits stoploss, then it can shoot up till 1344.08

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	1213.50
Downside Target	1267.40
Upside Target	1291.95
Upside Target	1401.95
Upside Target	1409.50
Upside Target	1440.95
Upside Target	1548.00

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	1198.25
Downside Intraday Target	1128.2
Upside Intraday Target	1315.15
Upside Intraday Target	1362
Downside Intraday Target	1245.1

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	1268.30	1267.85	1291.95	1175.05	0.27 times
18 Fri Oct 2024	1257.65	1383.00	1409.50	1213.50	2.282 times
11 Fri Oct 2024	1373.30	1298.00	1401.95	1232.10	2.063 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

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
24 Thu Oct 2024	1268.30	1349.90	1409.50	1175.05	0.794 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 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 SELL. Signal strength is Weak and stock is losing 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 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 moving up

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 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 1285.87 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.