(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 2022-05-04 View latest technical analysis
10 day averaged volume of Nelco is 5321
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed May 2022 | 628.00 | 657.80 | 657.80 | 622.00 | 0.858 times |
| 02 Mon May 2022 | 647.20 | 649.00 | 659.00 | 628.00 | 1.605 times |
| 29 Fri Apr 2022 | 661.05 | 692.00 | 692.05 | 660.00 | 0.699 times |
| 28 Thu Apr 2022 | 684.35 | 702.95 | 702.95 | 660.00 | 0.97 times |
| 27 Wed Apr 2022 | 688.65 | 693.00 | 700.00 | 682.40 | 1.916 times |
| 26 Tue Apr 2022 | 718.30 | 692.00 | 726.60 | 692.00 | 1.093 times |
| 25 Mon Apr 2022 | 711.60 | 744.95 | 744.95 | 704.60 | 0.559 times |
| 22 Fri Apr 2022 | 741.65 | 779.00 | 779.00 | 740.00 | 0.556 times |
| 21 Thu Apr 2022 | 743.55 | 716.90 | 743.55 | 705.65 | 0.522 times |
| 20 Wed Apr 2022 | 708.15 | 702.05 | 716.90 | 702.00 | 0.484 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 623, for a target of 679.9 or 727.23
Share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Target | 586.65 |
| Downside Target | 608.00 |
| Downside Target | 622.00 |
| Upside Target | 659.00 |
| Upside Target | 702.00 |
| Upside Target | 730.00 |
| Upside Target | 748.10 |
| Upside Target | 779.00 |
| 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 | 613.67 |
| Downside Intraday Target | 599.33 |
| Upside Intraday Target | 650.67 |
| Upside Intraday Target | 673.33 |
| Upside Intraday Target | 636.33 |
Weekly technical analysis of Nelco (Nelco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed May 2022 | 628.00 | 649.00 | 659.00 | 622.00 | 0.47 times |
| 29 Fri Apr 2022 | 661.05 | 744.95 | 744.95 | 660.00 | 1.391 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 |
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 |
| 04 Wed May 2022 | 628.00 | 649.00 | 659.00 | 622.00 | 0.106 times |
| 29 Fri Apr 2022 | 661.05 | 713.05 | 844.30 | 660.00 | 0.539 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 |
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 | 16, 29, 30 | Sell |
| MACD | -25, -7 | Sell |
| Stochastics | 6 | Sell |
| CCI | -131 | Sell |
| RSI | 54 | Buy |
| OBV | -85985 | Sell |
| VWAP | 685 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Nelco in short term and the sell signal is strong.
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 red color and prices are below the red 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 685.49 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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