Is Newgen Software technically bullish or bearish?

Nov 04 2025 08:50 AM IST
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As of November 3, 2025, Newgen Software's trend is mildly bearish due to daily moving averages and mixed signals from MACD and Bollinger Bands, indicating a cautious outlook.
As of 3 November 2025, the technical trend for Newgen Software has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish signal. The weekly MACD shows a mildly bullish trend, but the monthly MACD is mildly bearish, creating mixed signals. Bollinger Bands are bullish on the weekly but mildly bearish on the monthly, further contributing to the overall bearish sentiment. The KST indicates a mildly bullish trend weekly but is also mildly bearish monthly. Overall, the lack of strong bullish indicators and the presence of bearish signals suggest a cautious outlook for the stock.
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