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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)

Showing technical analysis as on 2022-04-12 View latest technical analysis

10 day averaged volume of Nelco is 8534

Date Daily Closing Price Open High Low Volume
12 Tue Apr 2022 748.15 744.00 767.30 740.00 0.546 times
11 Mon Apr 2022 766.10 790.00 790.00 743.30 1.645 times
08 Fri Apr 2022 782.40 788.00 796.80 750.05 0.655 times
07 Thu Apr 2022 770.70 805.00 816.55 758.05 1.041 times
06 Wed Apr 2022 797.20 834.00 844.30 770.40 3.431 times
05 Tue Apr 2022 804.10 804.00 804.10 804.00 0.151 times
04 Mon Apr 2022 765.85 739.95 765.85 733.00 0.491 times
01 Fri Apr 2022 729.40 713.05 740.00 707.60 0.356 times
31 Thu Mar 2022 714.75 725.00 729.45 708.00 0.354 times
30 Wed Mar 2022 716.45 719.00 736.70 705.00 0.764 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 767.1 as stoploss in an intra day sell trade for a target of 717.06. However, stock will show a bullish move above 767.1.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 586.65
Downside Target 608.00
Downside Target 636.10
Downside Target 677.00
Downside Target 705.55
Downside Target 733.00
Downside Target 748.10
Upside Target 781.95
Upside Target 790.00
Upside Target 837.00
Upside Target 844.30
Upside Target 948.95

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 728.77
Downside Intraday Target 709.38
Upside Intraday Target 778.77
Upside Intraday Target 809.38
Upside Intraday Target 759.38

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
12 Tue Apr 2022 748.15 790.00 790.00 740.00 0.38 times
08 Fri Apr 2022 782.40 739.95 844.30 733.00 1.031 times
01 Fri Apr 2022 729.40 748.10 748.10 677.00 1.056 times
25 Fri Mar 2022 712.50 690.00 712.50 636.10 1.711 times
17 Thu Mar 2022 681.45 675.65 689.95 640.00 0.333 times

Price has moved down 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
12 Tue Apr 2022 748.15 713.05 844.30 707.60 0.31 times
31 Thu Mar 2022 714.75 641.10 748.10 586.65 1.513 times
28 Mon Feb 2022 640.85 785.00 837.00 608.00 0.315 times
31 Mon Jan 2022 783.50 730.00 948.95 705.55 2.692 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 28, 10, 45 Buy
MACD 35, 28Buy
Stochastics 49None
CCI -21Sell
RSI 58Buy
OBV -51876Sell
VWAP 771Sell
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Nelco ( (Nelco) ) based on a short 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.

Price action analysis of Nelco ( (Nelco) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Nelco in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Nelco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 771.28 and Nelco (Nelco) stock is trading below this level. This means that stock is falling with high volumes. 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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