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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 13899

Date Daily Closing Price Open High Low Volume
16 Tue Aug 2022 672.30 643.15 685.00 643.15 0.711 times
12 Fri Aug 2022 655.45 663.50 667.00 651.30 0.787 times
11 Thu Aug 2022 657.10 651.00 669.00 648.85 1.361 times
10 Wed Aug 2022 644.30 651.10 654.00 641.10 0.483 times
08 Mon Aug 2022 647.45 643.05 669.00 635.65 0.911 times
05 Fri Aug 2022 638.05 645.00 650.00 636.60 0.819 times
04 Thu Aug 2022 642.95 664.90 666.20 628.00 1.284 times
03 Wed Aug 2022 659.60 654.00 669.95 652.35 0.912 times
02 Tue Aug 2022 672.00 667.85 701.20 658.80 1.432 times
01 Mon Aug 2022 667.85 649.75 677.50 639.65 0.846 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 665.7, but if it comes below 665.7, then a intra day sell could be more profitable.
If you take a sell trade below 665.7, then use 665.7 as stoploss and 653.4 as target. However if you take a buy trade in stock , then use 665.7 as stoploss and 680.4 as target.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 515.20
Downside Target 571.10
Downside Target 585.00
Downside Target 617.00
Downside Target 659.00
Upside Target 685.00
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 648.63
Downside Intraday Target 624.97
Upside Intraday Target 690.48
Upside Intraday Target 708.67
Downside Intraday Target 666.82

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
16 Tue Aug 2022 672.30 643.15 685.00 643.15 0.201 times
12 Fri Aug 2022 655.45 643.05 669.00 635.65 0.669 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

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
16 Tue Aug 2022 672.30 649.75 701.20 628.00 0.645 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 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 32, 12, 47 Buy
MACD 12, 11Buy
Stochastics 46None
CCI 79Buy
RSI 51Buy
OBV 106402Sell
VWAP 656Buy
ADL 0Sell
ROC 4Buy
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nelco ( (Nelco) ) based on a short to mid 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 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 gaining momentum.

MACD generated a BUY signal for Nelco in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Nelco in short term and BUY signal is strong.

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 656.42 and Nelco (Nelco) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Nelco charts

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Daily charts

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Daily chart

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