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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 13855

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 644.30 651.10 654.00 641.10 0.485 times
08 Mon Aug 2022 647.45 643.05 669.00 635.65 0.914 times
05 Fri Aug 2022 638.05 645.00 650.00 636.60 0.822 times
04 Thu Aug 2022 642.95 664.90 666.20 628.00 1.289 times
03 Wed Aug 2022 659.60 654.00 669.95 652.35 0.915 times
02 Tue Aug 2022 672.00 667.85 701.20 658.80 1.437 times
01 Mon Aug 2022 667.85 649.75 677.50 639.65 0.849 times
30 Sat Jul 2022 647.60 652.40 654.95 640.45 1.167 times
28 Thu Jul 2022 647.30 645.40 674.80 644.05 1.696 times
27 Wed Jul 2022 642.70 645.65 648.50 634.65 0.374 times

My analysis of stock is bearish for shortterm, and stock might move down till 633.5 or till 615.5. Use a stoploss of 648.62 and if the stock hits stoploss, then it can shoot up till 663.69

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 515.20
Downside Target 571.10
Downside Target 585.00
Downside Target 611.00
Upside Target 659.00
Upside Target 674.80
Upside Target 689.90
Upside Target 701.20
Upside Target 722.10
Upside Target 844.30

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 630.3
Downside Intraday Target 616.3
Upside Intraday Target 663.65
Upside Intraday Target 683
Upside Intraday Target 649.65

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 644.30 643.05 669.00 635.65 0.263 times
05 Fri Aug 2022 638.05 649.75 701.20 628.00 1.266 times
30 Sat Jul 2022 647.60 673.95 674.80 634.65 0.857 times
22 Fri Jul 2022 657.55 620.00 689.90 617.00 1.453 times
15 Fri Jul 2022 616.60 625.00 674.00 611.00 1.691 times

Price has moved up 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
10 Wed Aug 2022 644.30 649.75 701.20 628.00 0.452 times
30 Sat 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 0.951 times
31 Tue May 2022 585.30 649.00 659.00 515.20 1.581 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 29, 16, 28 Buy
MACD 9, 11Sell
Stochastics 21Sell
CCI -49Sell
RSI 47Sell
OBV 104242Sell
VWAP 652Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Nelco ( (Nelco) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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 BUY. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling 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 652.16 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.

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Daily charts

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Daily chart

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