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 2024-12-16 View latest technical analysis

10 day averaged volume of Newgen Software is 470656

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	1428.90	1400.00	1434.95	1390.55	0.348 times
13 Fri Dec 2024	1390.35	1399.05	1402.45	1370.50	0.361 times
12 Thu Dec 2024	1404.45	1426.00	1441.05	1392.00	0.286 times
11 Wed Dec 2024	1420.75	1425.00	1435.00	1393.95	0.477 times
10 Tue Dec 2024	1417.55	1435.00	1474.00	1390.35	1.225 times
09 Mon Dec 2024	1429.15	1360.75	1443.30	1356.00	1.366 times
06 Fri Dec 2024	1352.90	1316.00	1364.00	1316.00	1.134 times
05 Thu Dec 2024	1309.45	1310.00	1334.20	1295.75	0.796 times
04 Wed Dec 2024	1301.50	1217.00	1320.00	1215.05	3.471 times
03 Tue Dec 2024	1211.50	1174.90	1235.90	1165.00	0.516 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1378.9, but if it comes below 1378.9, then a intra day sell could be more profitable.
If you take a sell trade below 1378.9, then use 1378.9 as stoploss and 1244.84 as target. However if you take a buy trade in stock , then use 1378.9 as stoploss and 1539.7 as target.

Share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Target	940.05
Downside Target	1031.00
Downside Target	1073.00
Downside Target	1134.90
Downside Target	1175.05
Downside Target	1225.15
Downside Target	1327.25
Downside Target	1356.00
Downside Target	1390.55
Downside Target	1409.50
Upside Target	1434.95
Upside Target	1474.00
Upside Target	1548.00

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	1401.32
Downside Intraday Target	1373.73
Upside Intraday Target	1445.72
Upside Intraday Target	1462.53
Downside Intraday Target	1418.13

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	1428.90	1400.00	1434.95	1390.55	0.094 times
13 Fri Dec 2024	1390.35	1360.75	1474.00	1356.00	0.591 times
06 Fri Dec 2024	1352.90	1175.05	1364.00	1150.55	1.877 times
29 Fri Nov 2024	1180.50	1081.00	1187.05	1073.00	0.593 times
22 Fri Nov 2024	1081.70	1215.00	1225.15	1031.00	3.925 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
16 Mon Dec 2024	1428.90	1175.05	1474.00	1150.55	0.837 times
29 Fri Nov 2024	1180.50	1283.80	1327.25	1031.00	0.614 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

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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Newgen Software stock for short term is BUY. Signal strength is Strong 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 green color and prices are above the green 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 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 1351.35 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.