(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 2022-11-29 View latest technical analysis
10 day averaged volume of Nelco is 16222
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 750.10 | 764.00 | 767.85 | 748.00 | 0.796 times |
| 28 Mon Nov 2022 | 762.50 | 749.00 | 767.50 | 746.50 | 0.664 times |
| 25 Fri Nov 2022 | 750.30 | 759.40 | 761.20 | 740.05 | 0.313 times |
| 24 Thu Nov 2022 | 752.90 | 761.25 | 767.00 | 750.85 | 0.203 times |
| 23 Wed Nov 2022 | 761.25 | 755.00 | 771.10 | 747.70 | 0.384 times |
| 22 Tue Nov 2022 | 752.75 | 766.65 | 777.00 | 748.75 | 2.265 times |
| 21 Mon Nov 2022 | 772.80 | 736.20 | 823.60 | 736.20 | 2.608 times |
| 18 Fri Nov 2022 | 748.75 | 751.20 | 760.00 | 742.80 | 0.826 times |
| 17 Thu Nov 2022 | 753.25 | 766.60 | 768.45 | 749.30 | 0.492 times |
| 16 Wed Nov 2022 | 762.40 | 776.15 | 795.00 | 754.40 | 1.641 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 753.3, but if it comes above 753.3, then a intra day buy could be more profitable.
If you take a sell trade below 753.3, then use 753.3 as stoploss and 722 as target. However if you take a buy trade in stock , then use 753.3 as stoploss and 779.4 as target.
Share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Target | 585.00 |
| Downside Target | 628.00 |
| Downside Target | 689.90 |
| Downside Target | 736.20 |
| Upside Target | 767.85 |
| Upside Target | 796.45 |
| Upside Target | 821.15 |
| Upside Target | 826.50 |
| Upside Target | 855.00 |
| Upside Target | 963.15 |
| Upside Target | 989.40 |
| Upside Target | 1089.95 |
Intraday share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Intraday Target | 741.78 |
| Downside Intraday Target | 733.47 |
| Upside Intraday Target | 763.13 |
| Upside Intraday Target | 776.17 |
| Upside Intraday Target | 754.82 |
Weekly technical analysis of Nelco (Nelco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 750.10 | 749.00 | 767.85 | 746.50 | 0.253 times |
| 25 Fri Nov 2022 | 750.30 | 736.20 | 823.60 | 736.20 | 1.327 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 |
Price has moved down 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 |
| 29 Tue Nov 2022 | 750.10 | 827.35 | 855.00 | 736.20 | 0.788 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 | 18, 18, 1 | Sell |
| MACD | -46, -46 | Buy |
| Stochastics | 21 | Sell |
| CCI | -50 | Sell |
| RSI | 63 | Buy |
| OBV | -106068 | Sell |
| VWAP | 760 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
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 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 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 759.81 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.
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