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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 2024-11-05 View latest technical analysis

10 day averaged volume of Newgen Software is 212275

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	1279.85	1280.00	1294.30	1271.05	0.289 times
04 Mon Nov 2024	1285.15	1297.00	1310.95	1270.15	1.07 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	1.157 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	0.558 times
25 Fri Oct 2024	1225.95	1246.00	1284.00	1215.45	0.926 times
24 Thu Oct 2024	1268.30	1240.05	1284.80	1240.05	1.239 times
23 Wed Oct 2024	1234.00	1187.00	1270.00	1180.10	1.771 times

My analysis of stock is bullish for shortterm, and stock might move up till 1312.2 or till 1365.1. Use a stoploss of 1268.15 and if this stock hits its stoploss, then it can fall down till 1224.08

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	1263.02
Downside Intraday Target	1246.18
Upside Intraday Target	1303.82
Upside Intraday Target	1327.78
Upside Intraday Target	1286.98

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	1279.85	1297.00	1310.95	1270.15	0.437 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
05 Tue Nov 2024	1279.85	1283.80	1310.95	1270.15	0.035 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 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 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 to mid 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 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 gaining 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 tired and bears are picking up momentum.

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 positive zone. This is a BUY zone

Stock of Newgen Software is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1252.11 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.