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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 2023-09-18 View latest technical analysis

10 day averaged volume of Nelco is 22786

Date Daily Closing Price Open High Low Volume
18 Mon Sep 2023 803.15 810.00 812.00 800.60 0.234 times
15 Fri Sep 2023 808.15 804.05 813.10 796.85 0.514 times
14 Thu Sep 2023 803.60 806.65 817.75 800.00 0.475 times
13 Wed Sep 2023 804.25 793.80 810.75 784.45 0.456 times
12 Tue Sep 2023 795.30 847.05 853.35 791.90 1.766 times
11 Mon Sep 2023 840.00 840.20 874.45 834.45 2.132 times
08 Fri Sep 2023 835.90 841.00 848.70 832.00 0.425 times
07 Thu Sep 2023 837.35 829.95 853.30 820.85 1.108 times
06 Wed Sep 2023 817.65 812.05 827.70 811.75 0.174 times
05 Tue Sep 2023 817.10 826.05 834.95 813.90 0.133 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 801 as stoploss in an intra day buy trade for a target of 816.58. However, stock will show a bearish move below 801.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 580.55
Downside Target 617.60
Downside Target 637.15
Downside Target 700.05
Downside Target 741.55
Downside Target 776.95
Upside Target 837.00
Upside Target 853.30
Upside Target 869.75
Upside Target 874.45
Upside Target 894.00

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 798.5
Downside Intraday Target 793.85
Upside Intraday Target 809.9
Upside Intraday Target 816.65
Upside Intraday Target 805.25

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
18 Mon Sep 2023 803.15 810.00 812.00 800.60 0.044 times
15 Fri Sep 2023 808.15 840.20 874.45 784.45 1.148 times
08 Fri Sep 2023 835.90 820.15 853.30 811.75 1.984 times
01 Fri Sep 2023 815.00 834.65 837.00 800.00 0.529 times
25 Fri Aug 2023 817.30 809.90 869.75 784.75 2.068 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
18 Mon Sep 2023 803.15 820.95 874.45 784.45 0.822 times
31 Thu Aug 2023 803.15 805.00 869.75 741.55 0.372 times
31 Mon Jul 2023 796.65 721.20 894.00 700.05 0.981 times
30 Fri Jun 2023 726.80 620.10 776.95 617.60 5.106 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)

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 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 819.89 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 positive

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 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 819.89 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 positive

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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