540900 NEWS why is Newgen price falling or rising

540900 NEWS reasons for why stock price of Newgen is falling or rising

540900 Newgen is falling or rising technical reasons

Technical analysis forecast of Newgen Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Newgen 540900 at this time. Stock is rising and might rise more.

It appears as if Newgen 540900 gave a large move recently.

Stock of Newgen (540900) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Newgen is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Newgen stays above 1544.4, but if it comes below 1544.4, then a intra day sell could be more profitable.
If you take a sell trade below 1544.4, then use 1544.4 as stoploss and 1399.23 as target. However if you take a buy trade in Newgen, then use 1544.4 as stoploss and 1718.5 as target.

540900 Newgen is falling or rising NEWS fundamental reasons

More announcements and NEWS

540900 Newgen current price & indicator signals

Moving Averages for Newgen

  • 5Day Average: 1535.61
  • 12Day Average: 1460.16
  • 20Day Average: 1356.09
  • 50Day Average: 1284.14
  • 100Day Average: 1210.75
  • 150Day Average: 1128.34
  • 200Day Average: 1052.69

540900 Indicators & signals

Indicator MACD (12,26,9)

1458.58, 1370.36, 63.2
Indicator MACD is in positive zone

Indicator ADX (14)

65.53, 43.42, 9.04
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 540900 Newgen are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Mon Dec 2024 1586.80 1571.25 to 1613.50 0.78% 1.35 times
20 Fri Dec 2024 1574.45 1529.25 to 1627.40 3.45% 1.42 times
19 Thu Dec 2024 1522.00 1465.00 to 1528.05 1.61% 0.4 times
18 Wed Dec 2024 1497.85 1473.80 to 1515.00 0.06% 0.42 times
17 Tue Dec 2024 1496.95 1430.65 to 1508.00 4.69% 2.63 times
16 Mon Dec 2024 1429.95 1392.00 to 1434.10 2.83% 0.53 times
13 Fri Dec 2024 1390.60 1370.00 to 1404.40 -0.99% 0.63 times
12 Thu Dec 2024 1404.45 1390.00 to 1438.00 -1.18% 0.68 times
11 Wed Dec 2024 1421.25 1395.30 to 1429.50 0.37% 0.35 times
10 Tue Dec 2024 1416.00 1390.00 to 1487.95 -0.98% 2.03 times
09 Mon Dec 2024 1430.00 1356.60 to 1443.60 5.8% 0.91 times
06 Fri Dec 2024 1351.65 1315.00 to 1362.60 3.07% 1.56 times

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540900 NEWS why is Newgen price falling or rising

 

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