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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)

10 day averaged volume of Nelco is 11050

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 693.10 698.00 704.15 688.00 1.623 times
27 Wed Mar 2024 697.25 700.00 706.85 692.00 0.685 times
26 Tue Mar 2024 696.55 701.70 714.40 694.40 0.872 times
22 Fri Mar 2024 706.00 705.00 714.60 702.90 0.461 times
21 Thu Mar 2024 702.90 697.00 712.75 697.00 0.763 times
20 Wed Mar 2024 695.10 708.85 708.85 678.00 0.756 times
19 Tue Mar 2024 694.05 719.25 719.25 691.00 0.596 times
18 Mon Mar 2024 708.95 711.25 723.50 705.00 0.428 times
15 Fri Mar 2024 709.85 711.40 736.20 697.90 1.142 times
14 Thu Mar 2024 714.25 701.00 735.00 693.00 1.908 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 696.4, but if it comes above 696.4, then a intra day buy could be more profitable.
If you take a sell trade below 696.4, then use 696.4 as stoploss and 650.9 as target. However if you take a buy trade in stock , then use 696.4 as stoploss and 734.35 as target.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 678.00
Upside Target 714.40
Upside Target 751.25
Upside Target 797.30
Upside Target 797.60
Upside Target 813.00
Upside Target 815.00
Upside Target 832.95
Upside Target 854.00
Upside Target 883.45

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 682.6
Downside Intraday Target 672.1
Upside Intraday Target 709
Upside Intraday Target 724.9
Upside Intraday Target 698.5

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 693.10 701.70 714.40 688.00 1.059 times
22 Fri Mar 2024 706.00 711.25 723.50 678.00 0.36 times
15 Fri Mar 2024 709.85 814.95 815.00 684.25 0.694 times
07 Thu Mar 2024 811.15 791.00 832.95 751.25 2.761 times
02 Sat Mar 2024 788.25 793.25 797.30 745.00 0.822 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
28 Thu Mar 2024 693.10 765.95 832.95 678.00 1.413 times
29 Thu Feb 2024 754.60 794.40 813.00 734.05 0.499 times
31 Wed Jan 2024 794.35 801.95 883.45 751.10 1.33 times
29 Fri Dec 2023 794.50 764.95 854.00 742.00 2.041 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)

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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling 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 702.59 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.

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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling 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 702.59 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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