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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 2023-03-31 View latest technical analysis

10 day averaged volume of Nelco is 12718

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 517.60 518.00 530.00 515.70 0.859 times
29 Wed Mar 2023 518.70 490.00 524.10 489.90 1.697 times
28 Tue Mar 2023 489.90 508.00 508.00 487.00 0.671 times
27 Mon Mar 2023 504.10 536.45 536.45 500.00 1.216 times
24 Fri Mar 2023 520.20 545.00 545.00 516.00 0.852 times
23 Thu Mar 2023 529.20 528.00 554.65 521.85 1.171 times
22 Wed Mar 2023 527.20 530.00 539.45 522.00 0.455 times
21 Tue Mar 2023 529.85 529.85 532.90 519.00 0.805 times
20 Mon Mar 2023 518.45 535.00 535.00 503.25 1.532 times
17 Fri Mar 2023 521.65 542.80 552.00 517.75 0.685 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 513.5 as stoploss in an intra day buy trade for a target of 548.63. However, stock will show a bearish move below 513.5.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 487.00
Downside Target 503.25
Upside Target 517.75
Upside Target 536.45
Upside Target 554.65
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 490.92
Downside Intraday Target 464.23
Upside Intraday Target 540.37
Upside Intraday Target 563.13
Downside Intraday Target 513.68

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 517.60 536.45 536.45 487.00 0.923 times
24 Fri Mar 2023 520.20 535.00 554.65 503.25 0.78 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

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
31 Fri Mar 2023 517.60 577.50 625.75 487.00 2.144 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nelco Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 517.7 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nelco Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 517.7 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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