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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 2025-01-14 View latest technical analysis

10 day averaged volume of Newgen Software is 387746

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	1575.35	1555.00	1588.00	1534.15	0.465 times
13 Mon Jan 2025	1579.10	1614.90	1617.15	1554.05	1.377 times
10 Fri Jan 2025	1626.60	1637.50	1638.00	1566.25	0.879 times
09 Thu Jan 2025	1606.25	1640.00	1667.40	1596.10	0.648 times
08 Wed Jan 2025	1642.65	1668.00	1676.90	1626.60	0.592 times
07 Tue Jan 2025	1680.70	1645.00	1689.00	1644.00	0.358 times
06 Mon Jan 2025	1644.00	1700.00	1701.15	1620.00	0.847 times
03 Fri Jan 2025	1690.15	1708.00	1711.95	1685.50	0.45 times
02 Thu Jan 2025	1718.80	1708.00	1750.00	1684.80	0.776 times
01 Wed Jan 2025	1699.70	1725.00	1754.00	1682.00	1.754 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 1555.7 as stoploss in an intra day buy trade for a target of 1623. However, stock will show a bearish move below 1555.7.

Share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Target	1031.00
Downside Target	1150.55
Downside Target	1175.05
Downside Target	1327.25
Downside Target	1390.55
Downside Target	1534.15
Upside Target	1617.15
Upside Target	1629.00
Upside Target	1701.15
Upside Target	1725.00
Upside Target	1754.00
Upside Target	1755.00

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	1533.95
Downside Intraday Target	1492.55
Upside Intraday Target	1616.95
Upside Intraday Target	1658.55
Upside Intraday Target	1575.55

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	1575.35	1614.90	1617.15	1534.15	0.554 times
10 Fri Jan 2025	1626.60	1700.00	1701.15	1566.25	0.409 times
03 Fri Jan 2025	1690.15	1617.00	1755.00	1590.25	1.078 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

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 Tue Jan 2025	1575.35	1725.00	1754.00	1534.15	0.249 times
31 Tue Dec 2024	1701.80	1175.05	1755.00	1150.55	2.185 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

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 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 Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Newgen Software in short term and SELL 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 1647.4 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 positive

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