Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-05-20 View latest technical analysis

10 day averaged volume of Nelco is 12266

Date Daily Closing Price Open High Low Volume
20 Fri May 2022 635.05 620.00 635.05 614.15 0.821 times
19 Thu May 2022 604.85 584.00 613.50 556.50 1.501 times
18 Wed May 2022 584.30 597.00 613.70 580.50 0.658 times
17 Tue May 2022 591.35 579.95 591.35 564.20 0.172 times
16 Mon May 2022 563.20 569.00 570.00 554.45 0.313 times
13 Fri May 2022 542.90 521.00 546.70 515.20 0.601 times
12 Thu May 2022 520.70 548.10 548.10 520.70 3.391 times
11 Wed May 2022 548.10 570.10 576.05 546.65 0.663 times
10 Tue May 2022 575.40 585.50 604.75 570.05 0.839 times
09 Mon May 2022 592.50 615.00 615.00 587.15 1.441 times

My analysis of stock is bullish for shortterm, and stock might move up till 685.1 or till 757.8. Use a stoploss of 624.44 and if this stock hits its stoploss, then it can fall down till 563.82

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
Downside Target 635.05
Upside Target 659.00
Upside Target 702.00
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 581.32
Downside Intraday Target 527.58
Upside Intraday Target 661.92
Upside Intraday Target 688.78
Downside Intraday Target 608.18

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
20 Fri May 2022 635.05 569.00 635.05 554.45 0.5 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
20 Fri May 2022 635.05 649.00 659.00 515.20 1.195 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, 8 Sell
MACD -54, -61Buy
Stochastics 75Buy
CCI 144Buy
RSI 54Buy
OBV -76940Sell
VWAP 566Buy
ADL 0Sell
ROC 3Buy
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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 565.73 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 is giving positive 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme