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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 20140

Date Daily Closing Price Open High Low Volume
07 Fri Oct 2022 961.90 928.85 961.90 905.10 5.215 times
06 Thu Oct 2022 916.10 872.50 916.10 872.50 1.227 times
04 Tue Oct 2022 872.50 885.00 886.00 865.65 0.516 times
03 Mon Oct 2022 865.55 859.75 898.00 858.15 0.944 times
30 Fri Sep 2022 857.10 859.15 875.00 850.10 0.802 times
29 Thu Sep 2022 849.05 876.05 881.15 843.05 0.563 times
28 Wed Sep 2022 872.30 864.20 907.00 855.00 1.376 times
27 Tue Sep 2022 864.15 826.00 883.00 826.00 1.358 times
26 Mon Sep 2022 845.70 871.05 880.00 844.35 1.212 times
23 Fri Sep 2022 888.75 912.15 923.00 880.00 1.247 times

Stock of Nelco (Nelco) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 959.1, but if it comes below 959.1, then a intra day sell could be more profitable.
If you take a sell trade below 959.1, then use 959.1 as stoploss and 914.12 as target. However if you take a buy trade in stock , then use 959.1 as stoploss and 1013 as target.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 571.10
Downside Target 585.00
Downside Target 628.00
Downside Target 689.90
Downside Target 722.10
Downside Target 826.00
Downside Target 858.15
Downside Target 880.00
Downside Target 905.85
Downside Target 953.00
Upside Target 976.50
Upside Target 989.40
Upside Target 1011.00
Upside Target 1044.40
Upside Target 1089.95

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 892.73
Downside Intraday Target 823.57
Upside Intraday Target 996.48
Upside Intraday Target 1031.07
Downside Intraday Target 927.32

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
07 Fri Oct 2022 961.90 859.75 961.90 858.15 1.488 times
30 Fri Sep 2022 857.10 871.05 907.00 826.00 0.947 times
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

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
07 Fri Oct 2022 961.90 859.75 961.90 858.15 0.187 times
30 Fri Sep 2022 857.10 1037.60 1089.95 826.00 1.73 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

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 30, 17, 28 Buy
MACD 37, 39Sell
Stochastics 71Buy
CCI 207Buy
RSI 57Buy
OBV 116556Sell
VWAP 905Buy
ADL 0Sell
ROC 5Buy
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 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 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 SELL signal for Nelco in short term but the sell signal is initial and weak.

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

Nelco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 904.57 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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