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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 13271

Date Daily Closing Price Open High Low Volume
17 Wed Aug 2022 670.75 676.55 682.10 668.00 0.779 times
16 Tue Aug 2022 672.30 643.15 685.00 643.15 0.745 times
12 Fri Aug 2022 655.45 663.50 667.00 651.30 0.825 times
11 Thu Aug 2022 657.10 651.00 669.00 648.85 1.425 times
10 Wed Aug 2022 644.30 651.10 654.00 641.10 0.506 times
08 Mon Aug 2022 647.45 643.05 669.00 635.65 0.954 times
05 Fri Aug 2022 638.05 645.00 650.00 636.60 0.858 times
04 Thu Aug 2022 642.95 664.90 666.20 628.00 1.345 times
03 Wed Aug 2022 659.60 654.00 669.95 652.35 0.955 times
02 Tue Aug 2022 672.00 667.85 701.20 658.80 1.5 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 666.5, but if it comes below 666.5, then a intra day sell could be more profitable.
If you take a sell trade below 666.5, then use 666.5 as stoploss and 655.76 as target. However if you take a buy trade in stock , then use 666.5 as stoploss and 679.4 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 647.6
Downside Intraday Target 624.45
Upside Intraday Target 689.45
Upside Intraday Target 708.15
Downside Intraday Target 666.3

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
17 Wed Aug 2022 670.75 643.15 685.00 643.15 0.411 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
17 Wed Aug 2022 670.75 649.75 701.20 628.00 0.695 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 31, 11, 47 Buy
MACD 13, 12Buy
Stochastics 52None
CCI 111Buy
RSI 53Buy
OBV 99079Sell
VWAP 657Buy
ADL 0Sell
ROC 0Buy
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 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 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 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 656.52 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.

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Daily charts

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Daily chart

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