Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-14 View latest technical analysis

10 day averaged volume of Newgen Software is 166403

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	1235.10	1200.05	1248.45	1185.65	1.007 times
13 Wed Nov 2024	1199.20	1251.00	1262.60	1196.00	0.92 times
12 Tue Nov 2024	1269.30	1276.00	1320.00	1260.00	1.462 times
11 Mon Nov 2024	1280.15	1250.00	1291.45	1240.00	0.679 times
08 Fri Nov 2024	1263.50	1290.60	1292.80	1251.30	0.495 times
07 Thu Nov 2024	1290.60	1320.00	1327.25	1282.45	1.254 times
06 Wed Nov 2024	1313.40	1287.10	1319.70	1272.25	1.723 times
05 Tue Nov 2024	1279.85	1280.00	1294.30	1271.05	0.369 times
04 Mon Nov 2024	1285.15	1297.00	1310.95	1270.15	1.365 times
01 Fri Nov 2024	1291.45	1283.80	1302.60	1283.75	0.258 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1221.3 as stoploss in an intra day buy trade for a target of 1254.83. However, stock will show a bearish move below 1221.3.

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
Upside Target	1251.30
Upside Target	1291.95
Upside Target	1302.60
Upside Target	1320.00
Upside Target	1327.25
Upside Target	1409.50
Upside Target	1548.00

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	1173.83
Downside Intraday Target	1112.57
Upside Intraday Target	1308.18
Upside Intraday Target	1381.27
Upside Intraday Target	1246.92

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	1235.10	1250.00	1320.00	1185.65	0.781 times
08 Fri Nov 2024	1263.50	1297.00	1327.25	1251.30	1.311 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

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
14 Thu Nov 2024	1235.10	1283.80	1327.25	1185.65	0.167 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Newgen Software ( (NEWGEN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Newgen Software in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 1273.45 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 negative.

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