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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 2022-05-11 View latest technical analysis

10 day averaged volume of Nelco is 7283

Date Daily Closing Price Open High Low Volume
11 Wed May 2022 548.10 570.10 576.05 546.65 1.117 times
10 Tue May 2022 575.40 585.50 604.75 570.05 1.412 times
09 Mon May 2022 592.50 615.00 615.00 587.15 2.427 times
06 Fri May 2022 616.30 615.00 636.00 603.00 0.709 times
05 Thu May 2022 633.35 625.00 648.90 625.00 0.235 times
04 Wed May 2022 628.00 657.80 657.80 622.00 0.627 times
02 Mon May 2022 647.20 649.00 659.00 628.00 1.173 times
29 Fri Apr 2022 661.05 692.00 692.05 660.00 0.511 times
28 Thu Apr 2022 684.35 702.95 702.95 660.00 0.709 times
27 Wed Apr 2022 688.65 693.00 700.00 682.40 1.4 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 543.4, for a target of 617.7 or 679.5

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 546.65
Upside Target 586.65
Upside Target 603.00
Upside Target 659.00
Upside Target 702.00
Upside Target 730.00
Upside Target 744.95
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 524.83
Downside Intraday Target 501.57
Upside Intraday Target 593.18
Upside Intraday Target 638.27
Upside Intraday Target 569.92

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
11 Wed May 2022 548.10 615.00 615.00 546.65 1.807 times
06 Fri May 2022 616.30 649.00 659.00 603.00 0.717 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nelco (Nelco)

Date Monthly Closing Price Open High Low Volume
11 Wed May 2022 548.10 649.00 659.00 546.65 0.454 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 10, 38, 59 Sell
MACD -61, -39Sell
Stochastics 3Sell
CCI -147Sell
RSI 50Sell
OBV -95893Sell
VWAP 619Sell
ADL 0Sell
ROC -24Sell
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 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 in or above 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 SELL signal in short term and selling is picking up 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 619.03 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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Daily charts

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Daily chart

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