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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 2022-05-19 View latest technical analysis

10 day averaged volume of Nelco is 10596

Date Daily Closing Price Open High Low Volume
19 Thu May 2022 604.85 584.00 613.50 556.50 1.738 times
18 Wed May 2022 584.30 597.00 613.70 580.50 0.761 times
17 Tue May 2022 591.35 579.95 591.35 564.20 0.199 times
16 Mon May 2022 563.20 569.00 570.00 554.45 0.363 times
13 Fri May 2022 542.90 521.00 546.70 515.20 0.695 times
12 Thu May 2022 520.70 548.10 548.10 520.70 3.926 times
11 Wed May 2022 548.10 570.10 576.05 546.65 0.768 times
10 Tue May 2022 575.40 585.50 604.75 570.05 0.971 times
09 Mon May 2022 592.50 615.00 615.00 587.15 1.668 times
06 Fri May 2022 616.30 615.00 636.00 603.00 0.488 times

My analysis of stock is bearish for shortterm, and stock might move down till 563.9 or till 484.8. Use a stoploss of 629.87 and if the stock hits stoploss, then it can shoot up till 695.82

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 515.20
Downside Target 554.45
Downside Target 586.65
Downside Target 603.00
Upside Target 659.00
Upside Target 702.00
Upside Target 705.55
Upside Target 744.95
Upside Target 748.10
Upside Target 779.00
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 568.3
Downside Intraday Target 531.75
Upside Intraday Target 627.55
Upside Intraday Target 650.25
Downside Intraday Target 591

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
19 Thu May 2022 604.85 569.00 613.70 554.45 0.381 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
19 Thu May 2022 604.85 649.00 659.00 515.20 1.114 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 21, 32, 22 Sell
MACD -63, -64Buy
Stochastics 60None
CCI 47Sell
RSI 52Buy
OBV -84437Sell
VWAP 562Buy
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Nelco ( (Nelco) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 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 BUY signal for Nelco in short term but the buy signal is initial and weak.

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. Bulls 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 moving up

CCI has generated a SELL signal for Nelco in short term but SELL signal is weak.

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

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 562.17 and Nelco (Nelco) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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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