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NSE Stock NEWGEN_BE Historical charts - Newgen Software Tech Ltd

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

Moving Averages for

  • 5Day Average: 815.12
  • 12Day Average: 834.19
  • 20Day Average: 838.26
  • 50Day Average: 1226.15
  • 100Day Average: 1029.86

NEWGEN_BE Indicators & signals

Indicator MACD (12,26,9)

852.55, 972.53, -131.16
Indicator MACD is in negative zone

Indicator ADX (14)

52.55, 13.54, 43.53
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
09 Fri Feb 2024 797.05 767.00 to 806.50 -1.17% 0.72 times
08 Thu Feb 2024 806.50 790.00 to 836.00 -1.85% 0.87 times
07 Wed Feb 2024 821.70 819.95 to 857.00 -2.37% 0.47 times
06 Tue Feb 2024 841.65 790.05 to 849.00 4.07% 1.42 times
05 Mon Feb 2024 808.70 802.00 to 850.00 -4.19% 0.94 times
02 Fri Feb 2024 844.10 835.00 to 867.00 -2.26% 0.55 times
01 Thu Feb 2024 863.60 844.00 to 878.95 1.62% 1.12 times
31 Wed Jan 2024 849.80 819.00 to 850.00 0.73% 0.88 times
30 Tue Jan 2024 843.65 835.00 to 860.00 -0.1% 0.39 times
29 Mon Jan 2024 844.50 831.00 to 869.90 -1.87% 1.01 times
25 Thu Jan 2024 860.55 832.00 to 865.00 3.87% 2.34 times
24 Wed Jan 2024 828.50 785.10 to 833.00 1.69% 1.1 times

Technical analysis forecast for NEWGEN_BE Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT NEWGEN_BE NEWGEN_BE at this time. Stock is falling and might fall more.

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

Stock of NEWGEN_BE (NEWGEN_BE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for NEWGEN_BE is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 870.5, for a target of 899.7 or 924.07

Tomorrow's movement Prediction of NEWGEN_BE 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_BE is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 801.58

Munafa value: 44

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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NSE Stock NEWGEN_BE Historical charts - Share Newgen Software Tech Ltd

 

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