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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 2024-10-31 View latest technical analysis

10 day averaged volume of Newgen Software is 236565

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	1283.75	1230.95	1290.00	1214.70	1.038 times
30 Wed Oct 2024	1232.85	1204.50	1252.00	1203.85	0.561 times
29 Tue Oct 2024	1203.85	1231.00	1237.95	1188.65	0.513 times
28 Mon Oct 2024	1230.50	1225.00	1238.70	1202.65	0.501 times
25 Fri Oct 2024	1225.95	1246.00	1284.00	1215.45	0.831 times
24 Thu Oct 2024	1268.30	1240.05	1284.80	1240.05	1.112 times
23 Wed Oct 2024	1234.00	1187.00	1270.00	1180.10	1.589 times
22 Tue Oct 2024	1188.10	1251.25	1262.75	1175.05	1.688 times
21 Mon Oct 2024	1263.85	1267.85	1291.95	1249.05	0.971 times
18 Fri Oct 2024	1257.65	1240.00	1269.85	1213.50	1.025 times

My analysis of stock is bullish for shortterm, and stock might move up till 1309.4 or till 1362.3. Use a stoploss of 1265.32 and if this stock hits its stoploss, then it can fall down till 1221.22

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	1290.00
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	1218.27
Downside Intraday Target	1152.78
Upside Intraday Target	1319.62
Upside Intraday Target	1355.48
Downside Intraday Target	1254.13

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	1283.75	1225.00	1290.00	1188.65	0.422 times
25 Fri Oct 2024	1225.95	1267.85	1291.95	1175.05	0.312 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

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
31 Thu Oct 2024	1283.75	1349.90	1409.50	1175.05	0.869 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 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 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 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 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.

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 red color and prices are in or above the red 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 1238.17 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.