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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 2022-05-05 View latest technical analysis

10 day averaged volume of Nelco is 4929

Date Daily Closing Price Open High Low Volume
05 Thu May 2022 633.35 625.00 648.90 625.00 0.347 times
04 Wed May 2022 628.00 657.80 657.80 622.00 0.927 times
02 Mon May 2022 647.20 649.00 659.00 628.00 1.733 times
29 Fri Apr 2022 661.05 692.00 692.05 660.00 0.755 times
28 Thu Apr 2022 684.35 702.95 702.95 660.00 1.048 times
27 Wed Apr 2022 688.65 693.00 700.00 682.40 2.068 times
26 Tue Apr 2022 718.30 692.00 726.60 692.00 1.18 times
25 Mon Apr 2022 711.60 744.95 744.95 704.60 0.603 times
22 Fri Apr 2022 741.65 779.00 779.00 740.00 0.6 times
21 Thu Apr 2022 743.55 716.90 743.55 705.65 0.564 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 669.9, but if it comes above 669.9, then a intra day buy could be more profitable.
If you take a sell trade below 669.9, then use 669.9 as stoploss and 609.1 as target. However if you take a buy trade in stock , then use 669.9 as stoploss and 720.6 as target.

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 617.23
Downside Intraday Target 601.12
Upside Intraday Target 654.23
Upside Intraday Target 675.12
Upside Intraday Target 638.12

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
05 Thu May 2022 633.35 649.00 659.00 622.00 0.532 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
05 Thu May 2022 633.35 649.00 659.00 622.00 0.12 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 15, 27, 30 Sell
MACD -30, -13Sell
Stochastics 8Sell
CCI -103Sell
RSI 52Buy
OBV -87312Sell
VWAP 682Sell
ADL 0Sell
ROC -11Sell
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 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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

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 682.45 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.

Click here for Nelco charts

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Daily charts

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Daily chart

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