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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 2025-01-17 View latest technical analysis

10 day averaged volume of Newgen Software is 423284

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	1586.10	1628.00	1628.15	1566.65	0.812 times
16 Thu Jan 2025	1628.70	1710.00	1715.90	1619.95	1.316 times
15 Wed Jan 2025	1755.90	1596.95	1798.90	1581.05	3.538 times
14 Tue Jan 2025	1575.35	1555.00	1588.00	1534.15	0.426 times
13 Mon Jan 2025	1579.10	1614.90	1617.15	1554.05	1.262 times
10 Fri Jan 2025	1626.60	1637.50	1638.00	1566.25	0.805 times
09 Thu Jan 2025	1606.25	1640.00	1667.40	1596.10	0.594 times
08 Wed Jan 2025	1642.65	1668.00	1676.90	1626.60	0.542 times
07 Tue Jan 2025	1680.70	1645.00	1689.00	1644.00	0.328 times
06 Mon Jan 2025	1644.00	1700.00	1701.15	1620.00	0.776 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1591.6, but if it comes above 1591.6, then a intra day buy could be more profitable.
If you take a sell trade below 1591.6, then use 1591.6 as stoploss and 1526.7 as target. However if you take a buy trade in stock , then use 1591.6 as stoploss and 1645.58 as target.

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	1480.53
Downside Intraday Target	1374.97
Upside Intraday Target	1745.28
Upside Intraday Target	1904.47
Upside Intraday Target	1639.72

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	1586.10	1614.90	1798.90	1534.15	2.415 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, 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
17 Fri Jan 2025	1586.10	1725.00	1798.90	1534.15	0.437 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Newgen Software ( (NEWGEN) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 1662.51 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.