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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 2022-04-25 View latest technical analysis

10 day averaged volume of Nelco is 5778

Date Daily Closing Price Open High Low Volume
25 Mon Apr 2022 711.60 744.95 744.95 704.60 0.515 times
22 Fri Apr 2022 741.65 779.00 779.00 740.00 0.512 times
21 Thu Apr 2022 743.55 716.90 743.55 705.65 0.481 times
20 Wed Apr 2022 708.15 702.05 716.90 702.00 0.446 times
19 Tue Apr 2022 706.30 750.00 750.00 702.90 1.469 times
18 Mon Apr 2022 733.00 727.00 749.50 721.00 0.559 times
13 Wed Apr 2022 738.20 742.05 759.10 730.00 0.791 times
12 Tue Apr 2022 748.15 744.00 767.30 740.00 0.807 times
11 Mon Apr 2022 766.10 790.00 790.00 743.30 2.43 times
08 Fri Apr 2022 782.40 788.00 796.80 750.05 0.968 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 708 as stoploss in an intra day buy trade for a target of 739.5. However, stock will show a bearish move below 708.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 586.65
Downside Target 608.00
Downside Target 650.00
Downside Target 677.00
Downside Target 702.00
Upside Target 730.00
Upside Target 779.00
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 695.82
Downside Intraday Target 680.03
Upside Intraday Target 736.17
Upside Intraday Target 760.73
Upside Intraday Target 720.38

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
25 Mon Apr 2022 711.60 744.95 744.95 704.60 0.148 times
22 Fri Apr 2022 741.65 727.00 779.00 702.00 0.861 times
13 Wed Apr 2022 738.20 790.00 790.00 730.00 0.473 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

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
25 Mon Apr 2022 711.60 713.05 844.30 702.00 0.43 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 down 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 29, 21, 15 Buy
MACD 11, 18Sell
Stochastics 25Sell
CCI -76Sell
RSI 57Buy
OBV -53299Sell
VWAP 743Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

MACD generated a SELL signal for Nelco in short term but the sell signal is initial and weak.

Nelco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 743.34 and Nelco (Nelco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nelco (Nelco) stock. Volume based technical analysis of Nelco (Nelco) stock is negative.

Nelco Stock has given negative 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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