NSE Stock NEWGEN Historical charts - Newgen Software Tech Ltd

Historical charts for Stock NEWGEN - Share Newgen Software Tech Ltd trades in NSE

Moving Averages for

  • 5Day Average: 768.63
  • 12Day Average: 770.43
  • 20Day Average: 780.94
  • 50Day Average: 777.03
  • 100Day Average: 856.69
  • 150Day Average: 818.53

NEWGEN Indicators & signals

Indicator MACD (12,26,9)

772.88, 778.71, -10.13
Indicator MACD is in negative zone

Indicator ADX (14)

22.17, 31.05, 19.78
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 40
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
26 Fri Apr 2024 805.60 796.10 to 832.00 0.21% 1.39 times
25 Thu Apr 2024 803.95 752.70 to 808.40 6.89% 2.03 times
24 Wed Apr 2024 752.15 746.00 to 758.75 0.92% 0.46 times
23 Tue Apr 2024 745.30 734.55 to 749.85 1.24% 0.74 times
22 Mon Apr 2024 736.15 734.70 to 749.95 0.43% 0.57 times
19 Fri Apr 2024 733.00 724.10 to 744.00 -0.64% 0.51 times
18 Thu Apr 2024 737.75 735.00 to 774.00 -3.94% 1.68 times
16 Tue Apr 2024 768.00 747.00 to 773.95 2.13% 0.96 times
15 Mon Apr 2024 752.00 740.15 to 773.10 -2.86% 1.12 times
12 Fri Apr 2024 774.15 768.40 to 814.10 -3.96% 1.02 times
10 Wed Apr 2024 806.05 800.00 to 842.60 -3.01% 0.9 times
09 Tue Apr 2024 831.10 818.25 to 854.00 1.58% 2.65 times

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 NEWGEN at this time. Stock is rising and might rise more.

It appears as if NEWGEN NEWGEN gave a large move recently.

Stock of NEWGEN (NEWGEN) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of NEWGEN is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if NEWGEN stays above 803.3, but if it comes below 803.3, then a intra day sell could be more profitable.
If you take a sell trade below 803.3, then use 803.3 as stoploss and 774.85 as target. However if you take a buy trade in NEWGEN, then use 803.3 as stoploss and 837.4 as target.

Tomorrow's movement Prediction of NEWGEN appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Tomorrow's movement Prediction of NEWGEN is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 753.5

Munafa value: 56

 Munafa value: 56

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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