(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)
Showing technical analysis as on 2021-11-17 View latest technical analysis
10 day averaged volume of Nelco is 13521
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Nov 2021 | 754.15 | 799.90 | 799.90 | 754.15 | 0.944 times |
| 16 Tue Nov 2021 | 793.80 | 802.00 | 807.00 | 790.00 | 1.013 times |
| 15 Mon Nov 2021 | 802.00 | 825.00 | 834.90 | 791.00 | 0.655 times |
| 12 Fri Nov 2021 | 808.40 | 812.70 | 829.80 | 795.00 | 0.606 times |
| 11 Thu Nov 2021 | 814.80 | 854.00 | 854.00 | 803.00 | 1.038 times |
| 10 Wed Nov 2021 | 843.30 | 840.00 | 843.50 | 807.05 | 3.237 times |
| 09 Tue Nov 2021 | 803.35 | 803.35 | 803.35 | 803.35 | 0.999 times |
| 08 Mon Nov 2021 | 765.10 | 739.90 | 765.10 | 739.90 | 0.647 times |
| 04 Thu Nov 2021 | 728.70 | 725.00 | 730.45 | 690.00 | 0.472 times |
| 03 Wed Nov 2021 | 695.70 | 725.05 | 729.85 | 684.70 | 0.978 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 734.7 as stoploss in an intra day buy trade for a target of 785.51. However, stock will show a bearish move below 734.7.
Share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Target | 353.00 |
| Downside Target | 363.00 |
| Downside Target | 411.00 |
| Downside Target | 507.40 |
| Downside Target | 565.00 |
| Downside Target | 684.70 |
| Downside Target | 719.60 |
| Downside Target | 739.90 |
| Upside Target | 774.00 |
| Upside Target | 822.45 |
| Upside Target | 834.90 |
| Upside Target | 854.00 |
| Upside Target | 968.55 |
Intraday share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Intraday Target | 727.23 |
| Downside Intraday Target | 700.32 |
| Upside Intraday Target | 807.98 |
| Upside Intraday Target | 861.82 |
| Upside Intraday Target | 781.07 |
Weekly technical analysis of Nelco (Nelco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Nov 2021 | 754.15 | 825.00 | 834.90 | 754.15 | 0.4 times |
| 12 Fri Nov 2021 | 808.40 | 739.90 | 854.00 | 739.90 | 2.939 times |
| 04 Thu Nov 2021 | 728.70 | 730.00 | 774.00 | 684.70 | 0.371 times |
| 29 Fri Oct 2021 | 744.10 | 785.05 | 822.45 | 696.00 | 1.03 times |
| 22 Fri Oct 2021 | 822.45 | 900.00 | 968.55 | 822.45 | 0.607 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 |
| 17 Wed Nov 2021 | 754.15 | 730.00 | 854.00 | 684.70 | 0.275 times |
| 29 Fri Oct 2021 | 744.10 | 750.00 | 968.55 | 696.00 | 0.604 times |
| 30 Thu Sep 2021 | 719.60 | 534.70 | 719.60 | 507.40 | 0.841 times |
| 31 Tue Aug 2021 | 512.90 | 377.40 | 565.00 | 363.00 | 1.144 times |
Scroll below to view daily charts
Price has moved up 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 | 25, 26, 2 | Sell |
| MACD | 41, 49 | Sell |
| Stochastics | 58 | None |
| CCI | -23 | Sell |
| RSI | 58 | Buy |
| OBV | -60739 | Sell |
| VWAP | 796 | Sell |
| ADL | 0 | Sell |
| ROC | 5 | Buy |
| 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 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 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 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 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 but the sell signal is initial and weak.
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. 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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 795.98 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 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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