Is Newgen Software technically bullish or bearish?
As of August 8, 2025, Newgen Software's technical trend is mildly bearish, indicated by bearish MACD and moving averages, while the On-Balance Volume suggests some underlying bullish strength.
As of 8 August 2025, the technical trend for Newgen Software has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, while the Bollinger Bands and KST also reflect a mildly bearish outlook on both time frames. Moving averages indicate a bearish trend on the daily chart. However, the On-Balance Volume (OBV) shows bullish signals on both weekly and monthly charts, suggesting some underlying strength. Overall, the technical indicators point to a mildly bearish sentiment with some conflicting bullish signals from OBV.
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