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Newgen Software Technologies Limited

NEWGEN.BO Technical Analysis Summary (BSE)

Analyze NEWGEN.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NEWGEN.BO●BSE
TechnologySoftware - Application
₹457.00
₹0.55(0.12%)
Indian Market is Open · 10:49

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NEWGEN.BO Technical Analysis Summary (BSE)

Newgen Software Technologies Limited (BSE: NEWGEN.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish to Strongly Bullish (RSI: 29.40)
Trend Strength:Weak (ADX: 18.74)
Volatility:Medium (ATR: 17.61)
Support/Resistance:$456.16 – $530.58 (Bollinger Bands)

Technical conditions suggest Newgen Software Technologies Limited on the BSE is awaiting a decisive move. This mix signals that Newgen Software Technologies Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 29.40

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 5.52

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.93

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -8.55

Strongly Bearish
Sharp downside momentum.

Takeaway:Newgen Software Technologies Limited shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -15.62

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.74

Weak
Weak trend, market trading sideways.

ATR (14): 17.61

Rising
Rising volatility, market activity increasing.

CCI (14): -137.13

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Newgen Software Technologies Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$530.58
Middle Band (SMA 20)
$493.37
Lower Band
$456.16
Current Position
Within Bands

Takeaway:Newgen Software Technologies Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$525.28
Middle Line (EMA 20)
$490.07
Lower Channel
$454.86
Squeeze Status
No Squeeze

Takeaway:Newgen Software Technologies Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume4.16M
Money Flow Index38.33Bearish, selling pressure outweighs inflows.
Relative Vigor Index32.19Bearish, price momentum favors sellers.

Overall Takeaway:NEWGEN.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Newgen Software Technologies Limited (BSE: NEWGEN.BO), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Newgen Software Technologies Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: NEWGEN.BO) Technical Analysis FAQ