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(NEWR) New Relic complete technical analysis [charts+indicators] | Buy/Sell New Relic | (NEWR) share price targets

Complete technical analysis of New Relic (NEWR) by charts plus indicators, forecast predictions and share price targets for New Relic (NEWR)

New Relic trades in USA in Technology sector.

Showing technical analysis as on 2023-10-26 View latest technical analysis

10 day averaged volume of New Relic is 1076570

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Oct 2023	86.38	86.45	86.54	86.27	0.438 times
25 Wed Oct 2023	86.41	86.40	86.49	86.35	0.576 times
24 Tue Oct 2023	86.34	86.30	86.42	86.21	0.373 times
23 Mon Oct 2023	86.25	86.25	86.40	85.89	1.432 times
20 Fri Oct 2023	85.70	85.65	85.80	85.40	1.02 times
19 Thu Oct 2023	85.65	85.68	85.84	85.40	1.117 times
18 Wed Oct 2023	85.40	85.76	85.83	85.08	1.477 times
17 Tue Oct 2023	85.70	85.72	85.90	85.66	1.109 times
16 Mon Oct 2023	85.80	85.87	85.89	85.62	1.045 times
13 Fri Oct 2023	85.72	85.90	86.03	85.64	1.026 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 86.5, for a target of 86.2 or 85.93

Share price targets for New Relic (NEWR)

Target Type	Value
Downside Target	63.73
Downside Target	70.92
Downside Target	83.66
Downside Target	85.74
Downside Target	85.89
Downside Target	85.90
Downside Target	85.99
Downside Target	86.03
Downside Target	86.05
Upside Target	86.54

Intraday share price targets for New Relic (NEWR)

Target Type	Value
Downside Intraday Target	86
Downside Intraday Target	85.62
Upside Intraday Target	86.65
Upside Intraday Target	86.92
Downside Intraday Target	86.27

Weekly technical analysis of New Relic (NEWR)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Oct 2023	86.38	86.25	86.54	85.89	0.489 times
20 Fri Oct 2023	85.70	85.87	85.90	85.08	3.117 times
13 Fri Oct 2023	85.72	85.98	86.03	85.64	0.403 times
12 Thu Oct 2023	85.92	85.85	85.99	85.67	0.794 times
06 Fri Oct 2023	85.99	85.72	86.05	85.68	1.63 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of New Relic (NEWR)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Thu Oct 2023	86.38	85.72	86.54	85.08	0.555 times
29 Fri Sep 2023	85.62	85.20	85.74	85.03	0.915 times
31 Thu Aug 2023	85.11	84.00	85.20	83.66	1.836 times
31 Mon Jul 2023	83.98	65.25	84.47	64.89	1.646 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of New Relic (NEWR)

Price action analysis of New Relic ( (NEWR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of New Relic ( (NEWR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of New Relic ( (NEWR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for New Relic stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for New Relic in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

New Relic Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for New Relic in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of New Relic is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 85.84 and New Relic (NEWR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the New Relic (NEWR) stock. Volume based technical analysis of New Relic (NEWR) stock is negative.

New Relic Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.