Newgen Software (NEWGEN_BE) Technical (Analysis) Reports Newgen Software ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Newgen Software (NEWGEN_BE)
Technical Analysis Report for NSE stock NEWGEN_BE Newgen Software. Dated: 09 Feb 2024 Updated Daily. Stock trades in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock NEWGEN_BE Newgen Software then click here. or read Experts views on Newgen Software or Forecast & share price targets of Newgen Software
Newgen Software Opened at 791.00 and Closed at: 797.05, which is -1.19% of previous session's close. It moved within a range of 767.00 and 806.50
The session was a Bullish session with an average volume of 129999, which is -20.96% of previous session's volumes.
- The stock has fallen, and its short term trend is also negative and in a downtrend.
- The stock has fallen, and its mid term trend is also negative and in a downtrend.
Support for tomorrow is 782.03 and resistance for tomorrow is 821.53
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 773.87, 750.68 resistance for tomorrow's hourly charts is 813.37, 829.68
10 Day SMA for Newgen Software (NEWGEN_BE) is 832.13 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Newgen Software (NEWGEN_BE) is 838.26 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Newgen Software (NEWGEN_BE) is 1226.15 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 1029.86 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Newgen Software is and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Newgen Software is at 838.26 and 200 DMA is at , while 50 DMA and 100 DMA are at 1226.15 and 1029.86 respectively
Newgen Software (NEWGEN_BE) moving average of 20 SMA is at 838.26 and 20 EMA is at 924.07
| Date | Closing Price | 20 SMA | 20 EMA |
| 09 Fri Feb | 797.05 | 838.26 | 924.07 |
| 08 Thu Feb | 806.50 | 876.24 | 937.43 |
| 07 Wed Feb | 821.70 | 913 | 951.21 |
| 06 Tue Feb | 841.65 | 950.55 | 964.84 |
| 05 Mon Feb | 808.70 | 988.35 | 977.8 |
| 02 Fri Feb | 844.10 | 1027.94 | 995.59 |
Newgen Software (NEWGEN_BE) moving average of 50 SMA is at 1226.15 and 50 EMA is at 1061.06
| Date | Closing Price | 50 SMA | 50 EMA |
| 09 Fri Feb | 797.05 | 1226.15 | 1061.06 |
| 08 Thu Feb | 806.50 | 1237.97 | 1071.83 |
| 07 Wed Feb | 821.70 | 1248.74 | 1082.66 |
| 06 Tue Feb | 841.65 | 1257.92 | 1093.31 |
| 05 Mon Feb | 808.70 | 1267.08 | 1103.58 |
| 02 Fri Feb | 844.10 | 1276.99 | 1115.61 |
Newgen Software (NEWGEN_BE) moving average of 100 SMA is at 1029.86 and 100 EMA is at 960.15
| Date | Closing Price | 100 SMA | 100 EMA |
| 09 Fri Feb | 797.05 | 1029.86 | 960.15 |
| 08 Thu Feb | 806.50 | 1027.74 | 963.44 |
| 07 Wed Feb | 821.70 | 1025.51 | 966.61 |
| 06 Tue Feb | 841.65 | 1022.95 | 969.54 |
| 05 Mon Feb | 808.70 | 1020.47 | 972.12 |
| 02 Fri Feb | 844.10 | 1018.06 | 975.42 |
Newgen Software (NEWGEN_BE) moving average of 200 SMA is at and 200 EMA is at 0
| Date | Closing Price | 200 SMA | 200 EMA |
| 09 Fri Feb | 797.05 | 0 | |
| 08 Thu Feb | 806.50 | 0 | |
| 07 Wed Feb | 821.70 | 0 | |
| 06 Tue Feb | 841.65 | 0 | |
| 05 Mon Feb | 808.70 | 0 | |
| 02 Fri Feb | 844.10 | 0 |
Newgen Software Technical analysis of indicators
Price action analysis of Newgen Software (NEWGEN_BE) 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.
ADX buy sell signal for Newgen Software stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Newgen Software in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newgen Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 833.7 and Newgen Software NEWGEN_BE 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_BE stock. Volume based technical analysis of Newgen Software NEWGEN_BE 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NSE stock NEWGEN_BE Newgen Software These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And NEWGEN_BE Experts View which covers a lot of information including buying and selling signals
NEWGEN_BE future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Newgen Software or View Candle Stick Charts here
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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