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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 2024-11-06 View latest technical analysis

10 day averaged volume of Newgen Software is 178493

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1313.40	1287.10	1319.70	1272.25	1.607 times
05 Tue Nov 2024	1279.85	1280.00	1294.30	1271.05	0.344 times
04 Mon Nov 2024	1285.15	1297.00	1310.95	1270.15	1.272 times
01 Fri Nov 2024	1291.45	1283.80	1302.60	1283.75	0.24 times
31 Thu Oct 2024	1283.75	1230.95	1290.00	1214.70	1.376 times
30 Wed Oct 2024	1232.85	1204.50	1252.00	1203.85	0.744 times
29 Tue Oct 2024	1203.85	1231.00	1237.95	1188.65	0.679 times
28 Mon Oct 2024	1230.50	1225.00	1238.70	1202.65	0.664 times
25 Fri Oct 2024	1225.95	1246.00	1284.00	1215.45	1.101 times
24 Thu Oct 2024	1268.30	1240.05	1284.80	1240.05	1.474 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1315.5 as stoploss in an intra day sell trade for a target of 1270.34. However, stock will show a bullish move above 1315.5.

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
Downside Target	1302.60
Upside Target	1319.70
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	1282.47
Downside Intraday Target	1251.53
Upside Intraday Target	1332.02
Upside Intraday Target	1350.63
Downside Intraday Target	1301.08

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1313.40	1297.00	1319.70	1270.15	0.87 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 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
06 Wed Nov 2024	1313.40	1283.80	1319.70	1270.15	0.065 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 to mid 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 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 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 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

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 1266.49 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.