Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-09-26 View latest technical analysis

10 day averaged volume of Nelco is 17362

Date Daily Closing Price Open High Low Volume
26 Tue Sep 2023 785.85 780.05 793.20 780.05 0.325 times
25 Mon Sep 2023 787.20 779.00 805.00 778.95 1.099 times
22 Fri Sep 2023 780.75 775.05 795.00 773.75 0.585 times
21 Thu Sep 2023 785.45 798.00 801.80 781.05 0.248 times
20 Wed Sep 2023 792.35 806.40 812.30 780.80 0.748 times
18 Mon Sep 2023 803.15 810.00 812.00 800.60 0.307 times
15 Fri Sep 2023 808.15 804.05 813.10 796.85 0.674 times
14 Thu Sep 2023 803.60 806.65 817.75 800.00 0.624 times
13 Wed Sep 2023 804.25 793.80 810.75 784.45 0.598 times
12 Tue Sep 2023 795.30 847.05 853.35 791.90 2.318 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 791, but if it comes above 791, then a intra day buy could be more profitable.
If you take a sell trade below 791, then use 791 as stoploss and 770.3 as target. However if you take a buy trade in stock , then use 791 as stoploss and 808.2 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 774.87
Downside Intraday Target 763.88
Upside Intraday Target 800.92
Upside Intraday Target 815.98
Upside Intraday Target 789.93

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
26 Tue Sep 2023 785.85 779.00 805.00 778.95 0.754 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
26 Tue Sep 2023 785.85 820.95 874.45 773.75 0.999 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Nelco stock for short term is SELL. Signal strength is Weak and stock is gaining 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 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

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 794.83 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Nelco stock for short term is SELL. Signal strength is Weak and stock is gaining 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 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

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 794.83 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme