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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 16247

Date Daily Closing Price Open High Low Volume
02 Fri Dec 2022 817.10 804.00 825.00 797.35 2.15 times
01 Thu Dec 2022 795.85 779.00 820.00 769.45 1.261 times
30 Wed Nov 2022 753.10 754.50 761.55 744.75 0.693 times
29 Tue Nov 2022 750.10 764.00 767.85 748.00 0.795 times
28 Mon Nov 2022 762.50 749.00 767.50 746.50 0.663 times
25 Fri Nov 2022 750.30 759.40 761.20 740.05 0.313 times
24 Thu Nov 2022 752.90 761.25 767.00 750.85 0.203 times
23 Wed Nov 2022 761.25 755.00 771.10 747.70 0.383 times
22 Tue Nov 2022 752.75 766.65 777.00 748.75 2.262 times
21 Mon Nov 2022 772.80 736.20 823.60 736.20 2.604 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 826.1, for a target of 798.2 or 774.86

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 628.00
Downside Target 736.20
Downside Target 769.45
Downside Target 796.45
Upside Target 821.15
Upside Target 826.00
Upside Target 826.50
Upside Target 855.00
Upside Target 963.15
Upside Target 989.40
Upside Target 1089.95

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 766.23
Downside Intraday Target 715.37
Upside Intraday Target 846.48
Upside Intraday Target 875.87
Downside Intraday Target 795.62

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
02 Fri Dec 2022 817.10 749.00 825.00 744.75 0.965 times
25 Fri Nov 2022 750.30 736.20 823.60 736.20 1.327 times
18 Fri Nov 2022 748.75 765.00 796.45 742.80 1.977 times
11 Fri Nov 2022 788.60 826.50 826.50 778.35 0.635 times
04 Fri Nov 2022 815.30 845.35 855.00 804.00 2.796 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
02 Fri Dec 2022 817.10 779.00 825.00 769.45 0.197 times
30 Wed Nov 2022 753.10 827.35 855.00 736.20 0.82 times
31 Mon Oct 2022 827.35 859.75 963.15 821.15 0.404 times
30 Fri Sep 2022 857.10 1037.60 1089.95 826.00 1.73 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, 13, 41 Buy
MACD -29, -40Buy
Stochastics 60None
CCI 184Buy
RSI 65Buy
OBV -34737Sell
VWAP 775Buy
ADL 0Sell
ROC 9Buy
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 but the buy 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 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 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 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 775 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 negative.

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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