Stock analysis Newgen Software Tech Ltd NEWGEN
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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 |
| 08 Tue Oct 2024 | 1249.30 | 1232.10 to 1300.00 | -0.57% | 0.54 times |
| 07 Mon Oct 2024 | 1256.40 | 1248.00 to 1368.00 | -2.93% | 0.74 times |
| 04 Fri Oct 2024 | 1294.30 | 1270.05 to 1324.60 | -1.09% | 0.25 times |
| 03 Thu Oct 2024 | 1308.60 | 1267.40 to 1353.40 | -0.77% | 0.3 times |
| 01 Tue Oct 2024 | 1318.70 | 1307.05 to 1366.60 | -1.69% | 0.36 times |
| 30 Mon Sep 2024 | 1341.35 | 1335.00 to 1440.95 | -5.19% | 0.48 times |
| 27 Fri Sep 2024 | 1414.75 | 1350.05 to 1450.00 | 6.21% | 1.55 times |
| 26 Thu Sep 2024 | 1332.00 | 1302.15 to 1548.00 | 2.13% | 5.4 times |
| 25 Wed Sep 2024 | 1304.25 | 1276.05 to 1316.40 | -0.96% | 0.15 times |
| 24 Tue Sep 2024 | 1316.95 | 1295.45 to 1340.00 | -1.01% | 0.48 times |
| 23 Mon Sep 2024 | 1330.45 | 1313.45 to 1352.00 | 0.56% | 0.3 times |
| 20 Fri Sep 2024 | 1323.05 | 1267.10 to 1350.05 | 3.58% | 0.66 times |
Technical analysis forecast for Newgen Software Tech Ltd 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 Software Tech Ltd NEWGEN at this time. Stock is falling and might fall more.
It appears as if Newgen Software Tech Ltd NEWGEN gave a large move recently.
Stock of Newgen Software Tech Ltd (NEWGEN) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Newgen Software Tech Ltd is bearish for shortterm, and stock might move down till 1159.7 or till 1046.7. Use a stoploss of 1253.88 and if the stock hits stoploss, then it can shoot up till 1348.07