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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 2025-01-16 View latest technical analysis

10 day averaged volume of Newgen Software is 397644

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	1628.70	1710.00	1715.90	1619.95	1.401 times
15 Wed Jan 2025	1755.90	1596.95	1798.90	1581.05	3.766 times
14 Tue Jan 2025	1575.35	1555.00	1588.00	1534.15	0.454 times
13 Mon Jan 2025	1579.10	1614.90	1617.15	1554.05	1.343 times
10 Fri Jan 2025	1626.60	1637.50	1638.00	1566.25	0.857 times
09 Thu Jan 2025	1606.25	1640.00	1667.40	1596.10	0.632 times
08 Wed Jan 2025	1642.65	1668.00	1676.90	1626.60	0.577 times
07 Tue Jan 2025	1680.70	1645.00	1689.00	1644.00	0.349 times
06 Mon Jan 2025	1644.00	1700.00	1701.15	1620.00	0.826 times
03 Fri Jan 2025	1690.15	1708.00	1711.95	1685.50	0.439 times

My analysis of stock is bearish for shortterm, and stock might move down till 1583.3 or till 1512.4. Use a stoploss of 1642.39 and if the stock hits stoploss, then it can shoot up till 1701.49

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	1629.00
Upside Target	1701.15
Upside Target	1725.00
Upside Target	1755.00
Upside Target	1798.90

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	1508.93
Downside Intraday Target	1389.17
Upside Intraday Target	1773.68
Upside Intraday Target	1918.67
Upside Intraday Target	1653.92

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	1628.70	1614.90	1798.90	1534.15	2.148 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Newgen Software (NEWGEN)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	1628.70	1725.00	1798.90	1534.15	0.41 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 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 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 Strong and stock is losing 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 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 1669.85 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.