(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 26819
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Fri Sep 2022||888.75||912.15||923.00||880.00||0.936 times|
|22 Thu Sep 2022||912.15||937.20||937.20||900.00||0.566 times|
|21 Wed Sep 2022||933.55||944.00||968.00||930.05||0.378 times|
|20 Tue Sep 2022||942.40||966.00||976.50||933.00||0.502 times|
|19 Mon Sep 2022||957.25||895.05||957.95||891.00||1.829 times|
|16 Fri Sep 2022||912.35||943.00||950.00||905.85||1.297 times|
|15 Thu Sep 2022||952.95||975.05||985.00||945.15||0.889 times|
|14 Wed Sep 2022||973.35||948.80||1009.50||943.00||2.336 times|
|13 Tue Sep 2022||961.45||980.00||999.00||955.10||0.951 times|
|12 Mon Sep 2022||970.10||968.50||1011.00||960.50||0.636 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 916.6, but if it comes above 916.6, then a intra day buy could be more profitable.
If you take a sell trade below 916.6, then use 916.6 as stoploss and 863.6 as target. However if you take a buy trade in stock , then use 916.6 as stoploss and 960.77 as target.
Share price targets for Nelco (Nelco)
Intraday share price targets for Nelco (Nelco)
|Downside Intraday Target||853.67|
|Downside Intraday Target||818.58|
|Upside Intraday Target||950.17|
|Upside Intraday Target||1011.58|
|Upside Intraday Target||915.08|
Weekly technical analysis of Nelco (Nelco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Fri Sep 2022||888.75||895.05||976.50||880.00||0.689 times|
|16 Fri Sep 2022||912.35||968.50||1011.00||905.85||0.891 times|
|09 Fri Sep 2022||973.75||969.50||1044.40||953.00||0.489 times|
|02 Fri Sep 2022||986.95||865.00||1089.95||855.40||1.88 times|
|26 Fri Aug 2022||856.65||714.60||856.65||707.65||2.709 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|
|23 Fri Sep 2022||888.75||1037.60||1089.95||880.00||1.512 times|
|30 Tue Aug 2022||989.40||649.75||989.40||628.00||2.386 times|
|29 Fri Jul 2022||647.60||600.00||689.90||585.00||1.11 times|
|30 Thu Jun 2022||606.95||608.00||722.10||571.10||0.959 times|
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Nelco (Nelco)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||16, 23, 17||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 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 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 gaining momentum.
MACD generated a SELL signal for Nelco in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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
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 945.78 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.