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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)

Showing technical analysis as on 2021-11-23 View latest technical analysis

10 day averaged volume of Nelco is 16612

Date Daily Closing Price Open High Low Volume
23 Tue Nov 2021 740.80 705.55 740.80 671.55 0.575 times
22 Mon Nov 2021 705.55 718.05 739.00 690.00 0.375 times
18 Thu Nov 2021 725.60 745.00 750.00 716.45 2.185 times
17 Wed Nov 2021 754.15 799.90 799.90 754.15 0.769 times
16 Tue Nov 2021 793.80 802.00 807.00 790.00 0.825 times
15 Mon Nov 2021 802.00 825.00 834.90 791.00 0.533 times
12 Fri Nov 2021 808.40 812.70 829.80 795.00 0.493 times
11 Thu Nov 2021 814.80 854.00 854.00 803.00 0.845 times
10 Wed Nov 2021 843.30 840.00 843.50 807.05 2.635 times
09 Tue Nov 2021 803.35 803.35 803.35 803.35 0.813 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 724.8 as stoploss in an intra day buy trade for a target of 764.13. However, stock will show a bearish move below 724.8.

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 671.55
Downside Target 716.45
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 694.63
Downside Intraday Target 648.47
Upside Intraday Target 763.88
Upside Intraday Target 786.97
Downside Intraday Target 717.72

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
23 Tue Nov 2021 740.80 718.05 740.80 671.55 0.22 times
18 Thu Nov 2021 725.60 825.00 834.90 716.45 0.812 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

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
23 Tue Nov 2021 740.80 730.00 854.00 671.55 0.368 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 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 17, 33, 32 Sell
MACD 17, 33Sell
Stochastics 23Sell
CCI -109Buy
RSI 58Buy
OBV -99992Sell
VWAP 786Sell
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 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 Strong 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nelco in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 786.28 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.

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Daily charts

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Daily chart

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