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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 2024-11-04 View latest technical analysis

10 day averaged volume of Newgen Software is 212541

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	1285.15	1297.00	1310.95	1270.15	1.068 times
01 Fri Nov 2024	1291.45	1283.80	1302.60	1283.75	0.202 times
31 Thu Oct 2024	1283.75	1230.95	1290.00	1214.70	1.155 times
30 Wed Oct 2024	1232.85	1204.50	1252.00	1203.85	0.625 times
29 Tue Oct 2024	1203.85	1231.00	1237.95	1188.65	0.571 times
28 Mon Oct 2024	1230.50	1225.00	1238.70	1202.65	0.557 times
25 Fri Oct 2024	1225.95	1246.00	1284.00	1215.45	0.925 times
24 Thu Oct 2024	1268.30	1240.05	1284.80	1240.05	1.238 times
23 Wed Oct 2024	1234.00	1187.00	1270.00	1180.10	1.768 times
22 Tue Oct 2024	1188.10	1251.25	1262.75	1175.05	1.879 times

My analysis of stock is bullish for shortterm, and stock might move up till 1310.8 or till 1363.8. Use a stoploss of 1266.62 and if this stock hits its stoploss, then it can fall down till 1222.45

Share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Target	930.00
Downside Target	1035.25
Downside Target	1134.90
Downside Target	1213.50
Downside Target	1270.15
Upside Target	1302.60
Upside Target	1310.95
Upside Target	1401.95
Upside Target	1409.50
Upside Target	1548.00

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	1266.55
Downside Intraday Target	1247.95
Upside Intraday Target	1307.35
Upside Intraday Target	1329.55
Upside Intraday Target	1288.75

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	1285.15	1297.00	1310.95	1270.15	0.344 times
01 Fri Nov 2024	1291.45	1225.00	1302.60	1188.65	0.451 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

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
04 Mon Nov 2024	1285.15	1283.80	1310.95	1270.15	0.028 times
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

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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Newgen Software in short term but SELL signal is weak.

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 1239.27 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.