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(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 2023-03-22 View latest technical analysis

10 day averaged volume of Nelco is 16127

Date Daily Closing Price Open High Low Volume
22 Wed Mar 2023 527.20 530.00 539.45 522.00 0.359 times
21 Tue Mar 2023 529.85 529.85 532.90 519.00 0.634 times
20 Mon Mar 2023 518.45 535.00 535.00 503.25 1.208 times
17 Fri Mar 2023 521.65 542.80 552.00 517.75 0.54 times
16 Thu Mar 2023 542.80 545.55 551.00 537.00 0.723 times
15 Wed Mar 2023 551.50 572.05 576.50 549.00 1.842 times
14 Tue Mar 2023 566.90 584.05 585.00 563.35 1.27 times
13 Mon Mar 2023 579.65 590.55 596.35 572.10 0.495 times
10 Fri Mar 2023 590.55 592.00 594.00 581.55 1.572 times
09 Thu Mar 2023 593.55 601.20 611.00 589.00 1.49 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 538.5, but if it comes above 538.5, then a intra day buy could be more profitable.
If you take a sell trade below 538.5, then use 538.5 as stoploss and 505.8 as target. However if you take a buy trade in stock , then use 538.5 as stoploss and 565.75 as target.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 503.25
Downside Target 517.75
Upside Target 539.45
Upside Target 581.55
Upside Target 596.35
Upside Target 613.45
Upside Target 625.75
Upside Target 636.30
Upside Target 716.35
Upside Target 736.20
Upside Target 825.15
Upside Target 855.00

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 507.15
Downside Intraday Target 487.1
Upside Intraday Target 543.35
Upside Intraday Target 559.5
Downside Intraday Target 523.3

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
22 Wed Mar 2023 527.20 535.00 539.45 503.25 0.452 times
17 Fri Mar 2023 521.65 590.55 596.35 517.75 0.728 times
10 Fri Mar 2023 590.55 610.05 625.75 581.55 1.396 times
03 Fri Mar 2023 603.05 566.95 614.85 543.00 1.816 times
24 Fri Feb 2023 547.60 620.95 621.00 542.25 1.066 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 Wed Mar 2023 527.20 577.50 625.75 503.25 1.66 times
28 Tue Feb 2023 576.10 628.70 636.30 542.25 0.846 times
31 Tue Jan 2023 630.10 715.90 716.35 600.00 0.72 times
30 Fri Dec 2022 712.25 779.00 825.15 613.45 0.989 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Nelco (Nelco)

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 Strong and stock is losing 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 buy signal for Nelco in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 558.68 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.

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 Strong and stock is losing 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 buy signal for Nelco in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 558.68 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.

Click here for Nelco charts

Click here for further forecast and predictions for tomorrow

Daily charts

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