(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 2022-05-18 View latest technical analysis
10 day averaged volume of Nelco is 10246
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||584.30||597.00||613.70||580.50||0.787 times|
|17 Tue May 2022||591.35||579.95||591.35||564.20||0.205 times|
|16 Mon May 2022||563.20||569.00||570.00||554.45||0.375 times|
|13 Fri May 2022||542.90||521.00||546.70||515.20||0.719 times|
|12 Thu May 2022||520.70||548.10||548.10||520.70||4.06 times|
|11 Wed May 2022||548.10||570.10||576.05||546.65||0.794 times|
|10 Tue May 2022||575.40||585.50||604.75||570.05||1.004 times|
|09 Mon May 2022||592.50||615.00||615.00||587.15||1.725 times|
|06 Fri May 2022||616.30||615.00||636.00||603.00||0.504 times|
|05 Thu May 2022||633.35||625.00||648.90||625.00||0.167 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 567.2 as stoploss in an intra day buy trade for a target of 635.03. However, stock will show a bearish move below 567.2.
Share price targets for Nelco (Nelco)
Intraday share price targets for Nelco (Nelco)
|Downside Intraday Target||554.6|
|Downside Intraday Target||524.9|
|Upside Intraday Target||613.85|
|Upside Intraday Target||643.4|
|Downside Intraday Target||584.15|
Weekly technical analysis of Nelco (Nelco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||584.30||569.00||613.70||554.45||0.165 times|
|13 Fri May 2022||542.90||615.00||615.00||515.20||4.257 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|
Price has moved up 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|
|18 Wed May 2022||584.30||649.00||659.00||515.20||0.965 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||25, 30, 10||Sell|
Price action analysis of Nelco ( (Nelco) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Nelco in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Nelco Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 buy signal for Nelco in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 555.9 and Nelco (Nelco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.