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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 11642

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 594.80 625.00 627.05 590.30 0.293 times
23 Mon May 2022 621.35 647.00 647.00 617.10 0.561 times
20 Fri May 2022 635.05 620.00 635.05 614.15 0.865 times
19 Thu May 2022 604.85 584.00 613.50 556.50 1.582 times
18 Wed May 2022 584.30 597.00 613.70 580.50 0.693 times
17 Tue May 2022 591.35 579.95 591.35 564.20 0.181 times
16 Mon May 2022 563.20 569.00 570.00 554.45 0.33 times
13 Fri May 2022 542.90 521.00 546.70 515.20 0.633 times
12 Thu May 2022 520.70 548.10 548.10 520.70 3.573 times
11 Wed May 2022 548.10 570.10 576.05 546.65 0.699 times

My analysis of stock is bearish for shortterm, and stock might move down till 562.5 or till 502.3. Use a stoploss of 612.59 and if the stock hits stoploss, then it can shoot up till 662.71

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 515.20
Downside Target 554.45
Downside Target 586.65
Upside Target 603.00
Upside Target 635.05
Upside Target 660.00
Upside Target 705.55
Upside Target 744.95
Upside Target 748.10
Upside Target 837.00
Upside Target 844.30
Upside Target 948.95

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 574.4
Downside Intraday Target 554
Upside Intraday Target 631.1
Upside Intraday Target 667.4
Upside Intraday Target 610.7

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 594.80 647.00 647.00 590.30 0.234 times
20 Fri May 2022 635.05 569.00 635.05 554.45 0.5 times
13 Fri May 2022 542.90 615.00 615.00 515.20 4.257 times
06 Fri May 2022 616.30 649.00 659.00 603.00 0.717 times
29 Fri Apr 2022 661.05 744.95 744.95 660.00 1.391 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
24 Tue May 2022 594.80 649.00 659.00 515.20 1.276 times
29 Fri Apr 2022 661.05 713.05 844.30 660.00 0.539 times
31 Thu Mar 2022 714.75 641.10 748.10 586.65 1.513 times
28 Mon Feb 2022 640.85 785.00 837.00 608.00 0.315 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 24, 32, 15 Sell
MACD -47, -55Buy
Stochastics 80Buy
CCI 54Sell
RSI 53Buy
OBV -86702Sell
VWAP 565Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Nelco ( (Nelco) ) based on a short 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.

Price action analysis of Nelco ( (Nelco) ) based on a short 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.

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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL 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

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 564.73 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 is giving positive 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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Daily charts

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Daily chart

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