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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 2024-12-30 View latest technical analysis

10 day averaged volume of Newgen Software is 618143

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	1705.85	1617.00	1730.00	1590.25	1.77 times
27 Fri Dec 2024	1621.65	1690.00	1704.75	1612.00	0.861 times
26 Thu Dec 2024	1686.20	1610.00	1725.00	1592.00	2.566 times
24 Tue Dec 2024	1602.65	1595.00	1621.90	1570.55	0.523 times
23 Mon Dec 2024	1585.35	1589.00	1612.50	1571.10	0.777 times
20 Fri Dec 2024	1574.05	1534.90	1629.00	1525.65	2.382 times
19 Thu Dec 2024	1522.25	1466.00	1528.90	1465.00	0.805 times
18 Wed Dec 2024	1498.45	1500.00	1514.95	1470.75	0.416 times
17 Tue Dec 2024	1498.40	1434.60	1508.95	1432.45	1.132 times
16 Mon Dec 2024	1428.90	1400.00	1434.95	1390.55	0.265 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1599.7, but if it comes below 1599.7, then a intra day sell could be more profitable.
If you take a sell trade below 1599.7, then use 1599.7 as stoploss and 1456.9 as target. However if you take a buy trade in stock , then use 1599.7 as stoploss and 1771.1 as target.

Share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Target	940.05
Downside Target	1031.00
Downside Target	1134.90
Downside Target	1175.05
Downside Target	1327.25
Downside Target	1356.00
Downside Target	1474.00
Downside Target	1548.00
Downside Target	1570.55
Downside Target	1590.25
Downside Target	1629.00
Upside Target	1725.00
Upside Target	1730.00

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	1620.73
Downside Intraday Target	1535.62
Upside Intraday Target	1760.48
Upside Intraday Target	1815.12
Downside Intraday Target	1675.37

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	1705.85	1617.00	1730.00	1590.25	0.374 times
27 Fri Dec 2024	1621.65	1589.00	1725.00	1570.55	0.945 times
20 Fri Dec 2024	1574.05	1400.00	1629.00	1390.55	1.767 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

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
30 Mon Dec 2024	1705.85	1175.05	1730.00	1150.55	2.03 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, and volume has increased substantially. This means that the move can 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 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 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 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 stronger in this stock.

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 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 1607.84 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.