(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, -64 | Buy |
| Stochastics | 60 | None |
| CCI | 47 | Sell |
| RSI | 52 | Buy |
| OBV | -84437 | Sell |
| VWAP | 562 | Buy |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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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