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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)

10 day averaged volume of Newgen Software is 383436

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 1119.80 1081.00 1128.30 1073.00 1.094 times
22 Fri Nov 2024 1081.70 1099.85 1109.55 1078.00 0.503 times
21 Thu Nov 2024 1101.80 1109.40 1113.10 1078.40 0.628 times
19 Tue Nov 2024 1109.85 1058.00 1148.45 1048.50 2.794 times
18 Mon Nov 2024 1044.35 1215.00 1225.15 1031.00 3.002 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1138.1, but if it comes above 1138.1, then a intra day buy could be more profitable.
If you take a sell trade below 1138.1, then use 1138.1 as stoploss and 1042.8 as target. However if you take a buy trade in stock , then use 1138.1 as stoploss and 1217.45 as target.

Share price targets for Newgen Software (NEWGEN)

Target Type Value
Downside Target 930.00
Downside Target 1031.00
Downside Target 1073.00
Upside Target 1128.30
Upside Target 1225.15
Upside Target 1251.30
Upside Target 1302.60
Upside Target 1320.00
Upside Target 1327.25
Upside Target 1409.50
Upside Target 1548.00

Intraday share price targets for Newgen Software (NEWGEN)

Target Type Value
Downside Intraday Target 1085.77
Downside Intraday Target 1051.73
Upside Intraday Target 1141.07
Upside Intraday Target 1162.33
Downside Intraday Target 1107.03

Weekly technical analysis of Newgen Software (NEWGEN)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 1119.80 1081.00 1128.30 1073.00 0.158 times
22 Fri Nov 2024 1081.70 1215.00 1225.15 1031.00 3.925 times
14 Thu Nov 2024 1235.10 1250.00 1320.00 1185.65 0.781 times
08 Fri Nov 2024 1263.50 1297.00 1327.25 1251.30 2.057 times
01 Fri Nov 2024 1291.45 1204.50 1302.60 1203.85 1.131 times

Price has moved up 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
25 Mon Nov 2024 1119.80 1283.80 1327.25 1031.00 0.485 times
31 Thu Oct 2024 1283.75 1349.90 1409.50 1175.05 0.881 times
30 Mon Sep 2024 1341.35 1121.90 1548.00 1035.25 3.044 times
30 Fri Aug 2024 1114.50 1034.95 1134.90 940.05 0.58 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 11, 29, 45 Sell
MACD -56, -29Sell
Stochastics 24Sell
CCI -60Buy
RSI 47Sell
OBV -280838Sell
VWAP 1117Buy
ADL 0Sell
ROC -13Sell
Force Index 0Sell

Price action analysis of Newgen Software ( (NEWGEN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 in or above 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 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 1116.82 and Newgen Software (NEWGEN) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Click here for Newgen Software charts

Click here for further forecast and predictions for tomorrow

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