(Nelco) Nelco complete technical analysis [charts+indicators] | Buy/Sell Nelco | (Nelco) share price targets
Complete technical analysis of Nelco (Nelco) by charts plus indicators, forecast predictions and share price targets for Nelco (Nelco)
10 day averaged volume of Nelco is 16424
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 762.50 | 749.00 | 767.50 | 746.50 | 0.656 times |
| 25 Fri Nov 2022 | 750.30 | 759.40 | 761.20 | 740.05 | 0.309 times |
| 24 Thu Nov 2022 | 752.90 | 761.25 | 767.00 | 750.85 | 0.201 times |
| 23 Wed Nov 2022 | 761.25 | 755.00 | 771.10 | 747.70 | 0.379 times |
| 22 Tue Nov 2022 | 752.75 | 766.65 | 777.00 | 748.75 | 2.237 times |
| 21 Mon Nov 2022 | 772.80 | 736.20 | 823.60 | 736.20 | 2.576 times |
| 18 Fri Nov 2022 | 748.75 | 751.20 | 760.00 | 742.80 | 0.815 times |
| 17 Thu Nov 2022 | 753.25 | 766.60 | 768.45 | 749.30 | 0.486 times |
| 16 Wed Nov 2022 | 762.40 | 776.15 | 795.00 | 754.40 | 1.621 times |
| 15 Tue Nov 2022 | 776.00 | 780.25 | 785.00 | 770.75 | 0.596 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 756.1 as stoploss in an intra day buy trade for a target of 783.27. However, stock will show a bearish move below 756.1.
Share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Target | 585.00 |
| Downside Target | 628.00 |
| Downside Target | 689.90 |
| Downside Target | 736.20 |
| Upside Target | 767.50 |
| Upside Target | 796.45 |
| Upside Target | 821.15 |
| Upside Target | 826.50 |
| Upside Target | 855.00 |
| Upside Target | 963.15 |
| Upside Target | 989.40 |
| Upside Target | 1089.95 |
Intraday share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Intraday Target | 750.17 |
| Downside Intraday Target | 737.83 |
| Upside Intraday Target | 771.17 |
| Upside Intraday Target | 779.83 |
| Downside Intraday Target | 758.83 |
Weekly technical analysis of Nelco (Nelco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 762.50 | 749.00 | 767.50 | 746.50 | 0.115 times |
| 25 Fri Nov 2022 | 750.30 | 736.20 | 823.60 | 736.20 | 1.327 times |
| 18 Fri Nov 2022 | 748.75 | 765.00 | 796.45 | 742.80 | 1.977 times |
| 11 Fri Nov 2022 | 788.60 | 826.50 | 826.50 | 778.35 | 0.635 times |
| 04 Fri Nov 2022 | 815.30 | 845.35 | 855.00 | 804.00 | 2.796 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 Nelco (Nelco)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 762.50 | 827.35 | 855.00 | 736.20 | 0.75 times |
| 31 Mon Oct 2022 | 827.35 | 859.75 | 963.15 | 821.15 | 0.404 times |
| 30 Fri Sep 2022 | 857.10 | 1037.60 | 1089.95 | 826.00 | 1.73 times |
| 30 Tue Aug 2022 | 989.40 | 649.75 | 989.40 | 628.00 | 2.386 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 Nelco (Nelco)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 19, 19, 1 | Sell |
| MACD | -46, -46 | Sell |
| Stochastics | 22 | Sell |
| CCI | -25 | Buy |
| RSI | 64 | Buy |
| OBV | -100787 | Sell |
| VWAP | 762 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Nelco ( (Nelco) ) 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 Nelco ( (Nelco) ) based on a short term time period is
Price action analysis of Nelco ( (Nelco) ) 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 Nelco ( (Nelco) ) based on a mid to longer 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.
ADX buy sell signal for Nelco stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Nelco 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.
Nelco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Nelco in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 Nelco is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 761.56 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.
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