(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 2022-04-26 View latest technical analysis
10 day averaged volume of Nelco is 5187
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Tue Apr 2022||718.30||692.00||726.60||692.00||1.121 times|
|25 Mon Apr 2022||711.60||744.95||744.95||704.60||0.573 times|
|22 Fri Apr 2022||741.65||779.00||779.00||740.00||0.57 times|
|21 Thu Apr 2022||743.55||716.90||743.55||705.65||0.536 times|
|20 Wed Apr 2022||708.15||702.05||716.90||702.00||0.497 times|
|19 Tue Apr 2022||706.30||750.00||750.00||702.90||1.636 times|
|18 Mon Apr 2022||733.00||727.00||749.50||721.00||0.623 times|
|13 Wed Apr 2022||738.20||742.05||759.10||730.00||0.881 times|
|12 Tue Apr 2022||748.15||744.00||767.30||740.00||0.898 times|
|11 Mon Apr 2022||766.10||790.00||790.00||743.30||2.707 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 708.5 as stoploss in an intra day buy trade for a target of 739.79. However, stock will show a bearish move below 708.5.
Share price targets for Nelco (Nelco)
Intraday share price targets for Nelco (Nelco)
|Downside Intraday Target||691.88|
|Downside Intraday Target||665.47|
|Upside Intraday Target||744.83|
|Upside Intraday Target||771.37|
|Upside Intraday Target||718.42|
Weekly technical analysis of Nelco (Nelco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Tue Apr 2022||718.30||744.95||744.95||692.00||0.439 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|
|26 Tue Apr 2022||718.30||713.05||844.30||692.00||0.456 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||26, 22, 7||Buy|
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 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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
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 736.35 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.