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(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 16222

Date Daily Closing Price Open High Low Volume
29 Tue Nov 2022 750.10 764.00 767.85 748.00 0.796 times
28 Mon Nov 2022 762.50 749.00 767.50 746.50 0.664 times
25 Fri Nov 2022 750.30 759.40 761.20 740.05 0.313 times
24 Thu Nov 2022 752.90 761.25 767.00 750.85 0.203 times
23 Wed Nov 2022 761.25 755.00 771.10 747.70 0.384 times
22 Tue Nov 2022 752.75 766.65 777.00 748.75 2.265 times
21 Mon Nov 2022 772.80 736.20 823.60 736.20 2.608 times
18 Fri Nov 2022 748.75 751.20 760.00 742.80 0.826 times
17 Thu Nov 2022 753.25 766.60 768.45 749.30 0.492 times
16 Wed Nov 2022 762.40 776.15 795.00 754.40 1.641 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 753.3, but if it comes above 753.3, then a intra day buy could be more profitable.
If you take a sell trade below 753.3, then use 753.3 as stoploss and 722 as target. However if you take a buy trade in stock , then use 753.3 as stoploss and 779.4 as target.

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 767.85
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 741.78
Downside Intraday Target 733.47
Upside Intraday Target 763.13
Upside Intraday Target 776.17
Upside Intraday Target 754.82

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
29 Tue Nov 2022 750.10 749.00 767.85 746.50 0.253 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 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
29 Tue Nov 2022 750.10 827.35 855.00 736.20 0.788 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 18, 18, 1 Sell
MACD -46, -46Buy
Stochastics 21Sell
CCI -50Sell
RSI 63Buy
OBV -106068Sell
VWAP 760Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 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 BUY signal for Nelco 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.

Nelco 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 red color and prices are below 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 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 759.81 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.

Click here for Nelco charts

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Daily charts

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Daily chart

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