(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 2022-11-23 View latest technical analysis
10 day averaged volume of Nelco is 18059
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Wed Nov 2022||761.25||755.00||771.10||747.70||0.345 times|
|22 Tue Nov 2022||752.75||766.65||777.00||748.75||2.035 times|
|21 Mon Nov 2022||772.80||736.20||823.60||736.20||2.342 times|
|18 Fri Nov 2022||748.75||751.20||760.00||742.80||0.742 times|
|17 Thu Nov 2022||753.25||766.60||768.45||749.30||0.442 times|
|16 Wed Nov 2022||762.40||776.15||795.00||754.40||1.474 times|
|15 Tue Nov 2022||776.00||780.25||785.00||770.75||0.542 times|
|14 Mon Nov 2022||780.20||765.00||796.45||765.00||0.709 times|
|11 Fri Nov 2022||788.60||809.95||810.00||784.60||0.585 times|
|10 Thu Nov 2022||786.90||816.95||816.95||778.35||0.683 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 762.4, but if it comes above 762.4, then a intra day buy could be more profitable.
If you take a sell trade below 762.4, then use 762.4 as stoploss and 717.2 as target. However if you take a buy trade in stock , then use 762.4 as stoploss and 800.04 as target.
Share price targets for Nelco (Nelco)
Intraday share price targets for Nelco (Nelco)
|Downside Intraday Target||723.77|
|Downside Intraday Target||686.28|
|Upside Intraday Target||811.17|
|Upside Intraday Target||861.08|
|Upside Intraday Target||773.68|
Weekly technical analysis of Nelco (Nelco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Wed Nov 2022||761.25||736.20||823.60||736.20||1.208 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|
|23 Wed Nov 2022||761.25||827.35||855.00||736.20||0.694 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||20, 20, 2||Buy|
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 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 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 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 moving up
CCI has generated a buy signal for Nelco in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 766.66 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.