(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)
Intraday share price targets for Nelco (Nelco)
|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|
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.