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

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

Showing technical analysis as on 2022-05-19 View latest technical analysis

10 day averaged volume of Nirlon is 3775

Date Daily Closing Price Open High Low Volume
19 Thu May 2022 381.00 376.40 382.65 370.50 0.549 times
18 Wed May 2022 385.05 371.00 388.00 371.00 0.445 times
17 Tue May 2022 372.60 381.00 382.40 367.00 0.477 times
16 Mon May 2022 367.80 388.45 388.45 365.00 0.741 times
13 Fri May 2022 368.65 375.05 402.65 365.00 0.487 times
12 Thu May 2022 375.30 380.55 387.45 360.25 5.099 times
11 Wed May 2022 380.55 387.15 394.95 369.85 1.045 times
10 Tue May 2022 387.80 402.75 402.75 385.05 0.244 times
09 Mon May 2022 394.85 395.65 400.00 375.40 0.838 times
06 Fri May 2022 395.70 378.75 396.00 378.75 0.328 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 378 as stoploss in an intra day buy trade for a target of 388.56. However, stock will show a bearish move below 378.

Share price targets for Nirlon (Nirlon)

Target Type Value
Downside Target 343.20
Downside Target 360.25
Upside Target 402.75
Upside Target 406.00
Upside Target 409.80
Upside Target 410.00
Upside Target 414.85
Upside Target 418.00
Upside Target 420.10
Upside Target 426.50

Intraday share price targets for Nirlon (Nirlon)

Target Type Value
Downside Intraday Target 367.85
Downside Intraday Target 354.7
Upside Intraday Target 391.3
Upside Intraday Target 401.6
Downside Intraday Target 378.15

Weekly technical analysis of Nirlon (Nirlon)

Date Weekly Closing Price Open High Low Volume
19 Thu May 2022 381.00 388.45 388.45 365.00 0.287 times
13 Fri May 2022 368.65 395.65 402.75 360.25 2.27 times
06 Fri May 2022 395.70 403.95 406.00 372.05 0.364 times
29 Fri Apr 2022 396.00 399.00 410.00 377.00 1.824 times
22 Fri Apr 2022 392.50 409.80 409.80 382.55 1.724 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 Nirlon (Nirlon)

Date Monthly Closing Price Open High Low Volume
19 Thu May 2022 381.00 403.95 406.00 360.25 0.58 times
29 Fri Apr 2022 396.00 411.00 418.00 377.00 0.933 times
31 Thu Mar 2022 410.30 363.80 414.85 346.05 0.445 times
28 Mon Feb 2022 372.80 372.15 420.10 343.20 2.865 times

Scroll below to view daily charts

Price has moved down 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 Nirlon (Nirlon)

Indicator Name Indicator Value Indicator Signal
ADX 11, 15, 14 Sell
MACD -7, -5Sell
Stochastics 43None
CCI -40Sell
RSI 60Buy
OBV -34619Sell
VWAP 378Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Nirlon ( (Nirlon) ) based on a short term time period is

Price action analysis of Nirlon ( (Nirlon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nirlon ( (Nirlon) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nirlon ( (Nirlon) ) based on a mid to longer 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.

ADX buy sell signal for Nirlon stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Nirlon in short term and the sell signal is strong.

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

Nirlon 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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Nirlon in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nirlon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 378.13 and Nirlon (Nirlon) 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 Nirlon (Nirlon) stock. Volume based technical analysis of Nirlon (Nirlon) stock is negative.

Nirlon 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.

Click here for Nirlon charts

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Daily charts

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Daily chart

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