(Nelco) Nelco Weekly charts technical analysis
(Nelco) Nelco Weekly charts technical analysis Weekly analysis of Nelco | Buy/Sell Nelco
10 day averaged volume of Nelco is 13171
| Date | Closing Price | Open | High | Low | Volume |
| 08 Mon Aug 2022 | 647.45 | 643.05 | 669.00 | 635.65 | 0.013 Mn |
| 05 Fri Aug 2022 | 638.05 | 649.75 | 701.20 | 628.00 | 0.074 Mn |
| 30 Sat Jul 2022 | 647.60 | 673.95 | 674.80 | 634.65 | 0.058 Mn |
| 22 Fri Jul 2022 | 657.55 | 620.00 | 689.90 | 617.00 | 0.068 Mn |
| 15 Fri Jul 2022 | 616.60 | 625.00 | 674.00 | 611.00 | 0.047 Mn |
| 08 Fri Jul 2022 | 615.95 | 603.35 | 619.80 | 594.00 | 0.028 Mn |
| 01 Fri Jul 2022 | 593.75 | 630.00 | 630.00 | 585.00 | 0.034 Mn |
| 24 Fri Jun 2022 | 613.75 | 621.00 | 628.70 | 571.10 | 0.028 Mn |
| 17 Fri Jun 2022 | 620.60 | 709.95 | 709.95 | 617.30 | 0.056 Mn |
| 10 Fri Jun 2022 | 709.05 | 650.50 | 722.10 | 636.00 | 0.052 Mn |
Indicators analysis of Nelco (Nelco)
Price action analysis of Nelco ( (Nelco) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Nelco ( (Nelco) ) 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 Nelco ( (Nelco) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Nelco ( (Nelco) ) 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 Nelco stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Nelco 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.
Nelco Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Nelco in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Nelco is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 639.96 and Nelco (Nelco) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Nelco (Nelco) stock. Volume based technical analysis of Nelco (Nelco) stock is negative.
Nelco Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Weekly charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 22, 16, 14 | Buy |
| MACD | 1, 1 | Sell |
| Stochastics | 52 | None |
| CCI | 31 | Sell |
| RSI | 52 | Buy |
| OBV | -745 | Sell |
| VWAP | 640 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
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