(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 7248
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 593.75 | 600.00 | 607.10 | 585.00 | 0.768 times |
| 30 Thu Jun 2022 | 606.95 | 600.00 | 617.45 | 597.70 | 0.808 times |
| 29 Wed Jun 2022 | 599.95 | 593.50 | 629.95 | 591.45 | 1.5 times |
| 28 Tue Jun 2022 | 605.45 | 612.00 | 612.30 | 594.20 | 0.482 times |
| 27 Mon Jun 2022 | 615.80 | 630.00 | 630.00 | 613.15 | 1.14 times |
| 24 Fri Jun 2022 | 613.75 | 595.00 | 614.10 | 585.75 | 0.419 times |
| 23 Thu Jun 2022 | 584.90 | 583.20 | 599.05 | 582.25 | 0.542 times |
| 22 Wed Jun 2022 | 580.95 | 583.00 | 593.25 | 571.10 | 1.099 times |
| 21 Tue Jun 2022 | 580.40 | 590.05 | 615.00 | 572.00 | 1.103 times |
| 20 Mon Jun 2022 | 589.60 | 621.00 | 628.70 | 589.60 | 0.719 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 592.2 as stoploss in an intra day buy trade for a target of 634.68. However, stock will show a bearish move below 592.2.
Share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Target | 515.20 |
| Downside Target | 571.05 |
| Downside Target | 585.00 |
| Upside Target | 607.10 |
| Upside Target | 652.65 |
| Upside Target | 659.00 |
| Upside Target | 660.00 |
| Upside Target | 709.95 |
| Upside Target | 722.10 |
| Upside Target | 748.10 |
| Upside Target | 844.30 |
Intraday share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Intraday Target | 575.83 |
| Downside Intraday Target | 557.92 |
| Upside Intraday Target | 620.83 |
| Upside Intraday Target | 647.92 |
| Upside Intraday Target | 602.92 |
Weekly technical analysis of Nelco (Nelco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 593.75 | 630.00 | 630.00 | 585.00 | 1.211 times |
| 24 Fri Jun 2022 | 613.75 | 621.00 | 628.70 | 571.10 | 0.5 times |
| 17 Fri Jun 2022 | 620.60 | 709.95 | 709.95 | 617.30 | 1.092 times |
| 10 Fri Jun 2022 | 709.05 | 650.50 | 722.10 | 636.00 | 1.634 times |
| 03 Fri Jun 2022 | 650.50 | 590.00 | 652.65 | 571.05 | 0.851 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 Nelco (Nelco)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Jul 2022 | 593.75 | 600.00 | 607.10 | 585.00 | 0.03 times |
| 30 Thu Jun 2022 | 606.95 | 608.00 | 722.10 | 571.10 | 0.951 times |
| 31 Tue May 2022 | 585.30 | 649.00 | 659.00 | 515.20 | 1.581 times |
| 29 Fri Apr 2022 | 661.05 | 713.05 | 844.30 | 660.00 | 0.539 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 | 23, 28, 8 | Sell |
| MACD | -20, -16 | Sell |
| Stochastics | 39 | None |
| CCI | -35 | Sell |
| RSI | 47 | Sell |
| OBV | 6143 | Sell |
| VWAP | 596 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Nelco ( (Nelco) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 gaining momentum.
MACD generated a SELL signal for Nelco in short term and the sell signal is strong.
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. 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 Nelco in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 596.38 and Nelco (Nelco) 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 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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