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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 2025-01-30 View latest technical analysis

10 day averaged volume of Newgen Software is 1455868

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	1050.20	1099.70	1129.20	1029.05	0.41 times
29 Wed Jan 2025	1081.75	996.95	1085.60	996.00	0.516 times
28 Tue Jan 2025	986.95	1030.00	1050.00	951.45	0.926 times
27 Mon Jan 2025	1057.15	1082.45	1114.95	1057.15	0.437 times
24 Fri Jan 2025	1174.60	1235.00	1255.90	1162.50	0.378 times
23 Thu Jan 2025	1223.55	1201.15	1269.90	1201.15	0.935 times
22 Wed Jan 2025	1234.05	1317.05	1317.95	1161.15	3.161 times
21 Tue Jan 2025	1311.35	1570.00	1570.00	1294.00	2.139 times
20 Mon Jan 2025	1564.75	1594.00	1696.70	1553.00	0.89 times
17 Fri Jan 2025	1586.10	1628.00	1628.15	1566.65	0.236 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1181.7, but if it comes above 1181.7, then a intra day buy could be more profitable.
If you take a sell trade below 1181.7, then use 1181.7 as stoploss and 877.7 as target. However if you take a buy trade in stock , then use 1181.7 as stoploss and 1434.99 as target.

Share price targets for Newgen Software (NEWGEN)

Target Type	Value
Downside Target	951.45
Downside Target	1031.00
Upside Target	1129.20
Upside Target	1327.25
Upside Target	1409.50
Upside Target	1534.15
Upside Target	1590.25
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	958.03
Downside Intraday Target	865.87
Upside Intraday Target	1135.78
Upside Intraday Target	1221.37
Downside Intraday Target	1043.62

Weekly technical analysis of Newgen Software (NEWGEN)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	1050.20	1082.45	1129.20	951.45	0.305 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
30 Thu Jan 2025	1050.20	1725.00	1798.90	951.45	1.559 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 neutral. A longer time frame might give a better analysis.

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 neutral. A longer time frame might give a better analysis.

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 coming down

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1239.06 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.