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Stock analysis Newgen Software Tech Ltd NEWGEN

More indepth analysis on MunafaSutra.com

Moving Averages for Newgen Software Tech Ltd

  • 5Day Average: 1640.04
  • 12Day Average: 1668.7
  • 20Day Average: 1611.64
  • 50Day Average: 1393.84
  • 100Day Average: 1300.03
  • 150Day Average: 1203.94
  • 200Day Average: 1122.81

NEWGEN Indicators & signals

Indicator MACD (12,26,9)

1633.61, 1557.66, 92.13
Indicator MACD is in positive zone

Indicator ADX (14)

16.37, 21.43, 15.4
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
10 Fri Jan 2025 1626.60 1566.25 to 1638.00 1.27% 0.74 times
09 Thu Jan 2025 1606.25 1596.10 to 1667.40 -2.22% 0.54 times
08 Wed Jan 2025 1642.65 1626.60 to 1676.90 -2.26% 0.5 times
07 Tue Jan 2025 1680.70 1644.00 to 1689.00 2.23% 0.3 times
06 Mon Jan 2025 1644.00 1620.00 to 1701.15 -2.73% 0.71 times
03 Fri Jan 2025 1690.15 1685.50 to 1711.95 -1.67% 0.38 times
02 Thu Jan 2025 1718.80 1684.80 to 1750.00 1.12% 0.65 times
01 Wed Jan 2025 1699.70 1682.00 to 1754.00 -0.12% 1.47 times
31 Tue Dec 2024 1701.80 1640.10 to 1755.00 -0.24% 1.94 times
30 Mon Dec 2024 1705.85 1590.25 to 1730.00 5.19% 2.36 times
27 Fri Dec 2024 1621.65 1612.00 to 1704.75 -3.83% 1.15 times
26 Thu Dec 2024 1686.20 1592.00 to 1725.00 5.21% 3.43 times

Technical analysis forecast of Newgen Software Tech Ltd 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 Software Tech Ltd NEWGEN at this time. Stock is rising and might rise more.

It appears as if Newgen Software Tech Ltd NEWGEN gave a large move recently.

Stock of Newgen Software Tech Ltd (NEWGEN) 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 Software Tech Ltd is bullish for shortterm, and stock might move up till 1674.1 or till 1773.5. Use a stoploss of 1591.34 and if this stock hits its stoploss, then it can fall down till 1508.54

More indepth analysis on MunafaSutra.com