(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 2022-11-22 View latest technical analysis
10 day averaged volume of Nelco is 14861
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Tue Nov 2022||752.75||766.65||777.00||748.75||2.472 times|
|21 Mon Nov 2022||772.80||736.20||823.60||736.20||2.847 times|
|18 Fri Nov 2022||748.75||751.20||760.00||742.80||0.901 times|
|17 Thu Nov 2022||753.25||766.60||768.45||749.30||0.537 times|
|16 Wed Nov 2022||762.40||776.15||795.00||754.40||1.792 times|
|15 Tue Nov 2022||776.00||780.25||785.00||770.75||0.659 times|
|14 Mon Nov 2022||780.20||765.00||796.45||765.00||0.862 times|
|11 Fri Nov 2022||788.60||809.95||810.00||784.60||0.711 times|
|10 Thu Nov 2022||786.90||816.95||816.95||778.35||0.83 times|
|09 Wed Nov 2022||803.85||816.70||823.50||802.00||0.542 times|
Stock of Nelco (Nelco) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 765.1, but if it comes above 765.1, then a intra day buy could be more profitable.
If you take a sell trade below 765.1, then use 765.1 as stoploss and 715.5 as target. However if you take a buy trade in stock , then use 765.1 as stoploss and 806.51 as target.
Share price targets for Nelco (Nelco)
Intraday share price targets for Nelco (Nelco)
|Downside Intraday Target||718.1|
|Downside Intraday Target||683.45|
|Upside Intraday Target||805.5|
|Upside Intraday Target||858.25|
|Upside Intraday Target||770.85|
Weekly technical analysis of Nelco (Nelco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Tue Nov 2022||752.75||736.20||823.60||736.20||1.12 times|
|18 Fri Nov 2022||748.75||765.00||796.45||742.80||1.977 times|
|11 Fri Nov 2022||788.60||826.50||826.50||778.35||0.635 times|
|04 Fri Nov 2022||815.30||845.35||855.00||804.00||2.796 times|
|28 Fri Oct 2022||848.35||885.00||907.00||845.45||0.545 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|
|22 Tue Nov 2022||752.75||827.35||855.00||736.20||0.676 times|
|31 Mon Oct 2022||827.35||859.75||963.15||821.15||0.404 times|
|30 Fri Sep 2022||857.10||1037.60||1089.95||826.00||1.73 times|
|30 Tue Aug 2022||989.40||649.75||989.40||628.00||2.386 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||22, 21, 3||Buy|
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 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 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 BUY. Signal strength is Weak 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 BUY signal in short term but buying 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 768.51 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.