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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 2025-01-29 View latest technical analysis

10 day averaged volume of Newgen Software is 1530515

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	1081.75	996.95	1085.60	996.00	0.491 times
28 Tue Jan 2025	986.95	1030.00	1050.00	951.45	0.881 times
27 Mon Jan 2025	1057.15	1082.45	1114.95	1057.15	0.416 times
24 Fri Jan 2025	1174.60	1235.00	1255.90	1162.50	0.359 times
23 Thu Jan 2025	1223.55	1201.15	1269.90	1201.15	0.889 times
22 Wed Jan 2025	1234.05	1317.05	1317.95	1161.15	3.006 times
21 Tue Jan 2025	1311.35	1570.00	1570.00	1294.00	2.035 times
20 Mon Jan 2025	1564.75	1594.00	1696.70	1553.00	0.847 times
17 Fri Jan 2025	1586.10	1628.00	1628.15	1566.65	0.225 times
16 Thu Jan 2025	1628.70	1710.00	1715.90	1619.95	0.364 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1224.1, but if it comes above 1224.1, then a intra day buy could be more profitable.
If you take a sell trade below 1224.1, then use 1224.1 as stoploss and 931 as target. However if you take a buy trade in stock , then use 1224.1 as stoploss and 1468.42 as target.

Share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Target	951.45
Downside Target	1031.00
Upside Target	1114.95
Upside Target	1150.55
Upside Target	1327.25
Upside Target	1409.50
Upside Target	1534.15
Upside Target	1696.70
Upside Target	1701.15
Upside Target	1755.00
Upside Target	1798.90

Intraday share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Intraday Target	983.82
Downside Intraday Target	885.88
Upside Intraday Target	1147.32
Upside Intraday Target	1212.88
Downside Intraday Target	1049.38

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	1081.75	1082.45	1114.95	951.45	0.25 times
24 Fri Jan 2025	1174.60	1594.00	1696.70	1161.15	3.509 times
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

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
29 Wed Jan 2025	1081.75	1725.00	1798.90	951.45	1.512 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, 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 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 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 mid to longer 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.

ADX buy sell signal for Newgen Software stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Newgen Software in short term and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Newgen Software in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 1261.73 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 negative.

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