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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 2023-09-25 View latest technical analysis

10 day averaged volume of Nelco is 16423

Date Daily Closing Price Open High Low Volume
25 Mon Sep 2023 787.20 779.00 805.00 778.95 1.162 times
22 Fri Sep 2023 780.75 775.05 795.00 773.75 0.619 times
21 Thu Sep 2023 785.45 798.00 801.80 781.05 0.262 times
20 Wed Sep 2023 792.35 806.40 812.30 780.80 0.79 times
18 Mon Sep 2023 803.15 810.00 812.00 800.60 0.325 times
15 Fri Sep 2023 808.15 804.05 813.10 796.85 0.713 times
14 Thu Sep 2023 803.60 806.65 817.75 800.00 0.66 times
13 Wed Sep 2023 804.25 793.80 810.75 784.45 0.632 times
12 Tue Sep 2023 795.30 847.05 853.35 791.90 2.451 times
11 Mon Sep 2023 840.00 840.20 874.45 834.45 2.958 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 793.4, but if it comes above 793.4, then a intra day buy could be more profitable.
If you take a sell trade below 793.4, then use 793.4 as stoploss and 773.3 as target. However if you take a buy trade in stock , then use 793.4 as stoploss and 810.12 as target.

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 773.75
Upside Target 812.30
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 775.77
Downside Intraday Target 764.33
Upside Intraday Target 801.82
Upside Intraday Target 816.43
Upside Intraday Target 790.38

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
25 Mon Sep 2023 787.20 779.00 805.00 778.95 0.582 times
22 Fri Sep 2023 780.75 810.00 812.30 773.75 0.269 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

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
25 Mon Sep 2023 787.20 820.95 874.45 773.75 0.98 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 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 807.76 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 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 807.76 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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