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

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

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Nestle I is 65140

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	2503.30	2517.25	2520.75	2497.15	0.174 times
08 Mon Apr 2024	2497.85	2526.10	2546.50	2493.00	0.883 times
05 Fri Apr 2024	2538.10	2570.70	2576.00	2534.00	0.527 times
04 Thu Apr 2024	2549.05	2570.00	2570.00	2515.60	0.449 times
03 Wed Apr 2024	2551.15	2628.55	2628.55	2530.20	1.134 times
02 Tue Apr 2024	2622.65	2600.00	2629.35	2584.60	0.672 times
01 Mon Apr 2024	2585.90	2634.40	2642.20	2582.00	0.706 times
28 Thu Mar 2024	2623.30	2579.10	2637.50	2571.50	2.26 times
27 Wed Mar 2024	2567.40	2587.90	2589.60	2552.65	1.766 times
26 Tue Mar 2024	2587.90	2570.00	2596.10	2532.45	0.985 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2531.1, but if it comes above 2531.1, then a intra day buy could be more profitable.
If you take a sell trade below 2531.1, then use 2531.1 as stoploss and 2484.9 as target. However if you take a buy trade in stock , then use 2531.1 as stoploss and 2569.56 as target.

Share price targets for Nestle I (NestleI)

Target Type	Value
Downside Target	2409.70
Upside Target	2603.00
Upside Target	2607.10
Upside Target	2637.50
Upside Target	2642.20
Upside Target	2653.00
Upside Target	24146.00
Upside Target	26661.00
Upside Target	27707.45

Intraday share price targets for Nestle I (NestleI)

Target Type	Value
Downside Intraday Target	2482.03
Downside Intraday Target	2460.77
Upside Intraday Target	2535.53
Upside Intraday Target	2567.77
Upside Intraday Target	2514.27

Weekly technical analysis of Nestle I (NestleI)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	2503.30	2526.10	2546.50	2493.00	0.303 times
05 Fri Apr 2024	2538.10	2634.40	2642.20	2515.60	0.696 times
28 Thu Mar 2024	2623.30	2570.00	2637.50	2532.45	1.522 times
22 Fri Mar 2024	2575.30	2600.35	2603.00	2467.70	1.092 times
15 Fri Mar 2024	2607.65	2561.95	2653.00	2546.95	1.991 times

Price has moved down 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 Nestle I (NestleI)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	2503.30	2634.40	2642.20	2493.00	0.339 times
28 Thu Mar 2024	2623.30	2598.05	2653.00	2467.70	1.124 times
29 Thu Feb 2024	2598.65	2524.85	2607.10	2409.70	0.966 times
31 Wed Jan 2024	2505.50	26699.90	27707.45	2445.80	11.93 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 Nestle I (NestleI)

Price action analysis of Nestle I ( (NestleI) ) based on a short 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 Nestle I ( (NestleI) ) 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 Nestle I ( (NestleI) ) 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 Nestle I stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nestle I in short term but the buy signal is initial and weak.

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

Nestle I Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Nestle I is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2575.98 and Nestle I (NestleI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nestle I (NestleI) stock. Volume based technical analysis of Nestle I (NestleI) stock is negative.

Nestle I 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.