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 2024-02-23 View latest technical analysis

10 day averaged volume of Nelco is 10110

Date Daily Closing Price Open High Low Volume
23 Fri Feb 2024 790.60 804.35 808.10 786.00 0.655 times
22 Thu Feb 2024 798.70 768.20 813.00 768.20 2.67 times
21 Wed Feb 2024 755.00 763.00 766.40 753.35 0.589 times
20 Tue Feb 2024 758.15 772.95 776.50 756.20 1.062 times
19 Mon Feb 2024 769.55 775.10 780.00 765.00 0.818 times
16 Fri Feb 2024 767.80 778.85 778.85 759.95 0.422 times
15 Thu Feb 2024 763.85 757.95 769.65 757.95 0.574 times
14 Wed Feb 2024 751.95 748.00 770.00 746.85 0.553 times
13 Tue Feb 2024 742.15 755.05 756.35 734.05 0.522 times
12 Mon Feb 2024 748.40 781.95 781.95 745.00 1.705 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 796.7 as stoploss in an intra day sell trade for a target of 777.85. However, stock will show a bullish move above 796.7.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 670.00
Downside Target 734.05
Downside Target 781.95
Upside Target 807.90
Upside Target 811.70
Upside Target 813.00
Upside Target 828.85
Upside Target 850.90
Upside Target 854.00
Upside Target 883.45

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 758.3
Downside Intraday Target 726
Upside Intraday Target 817.95
Upside Intraday Target 845.3
Downside Intraday Target 785.65

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
23 Fri Feb 2024 790.60 775.10 813.00 753.35 1.534 times
16 Fri Feb 2024 767.80 781.95 781.95 734.05 0.65 times
09 Fri Feb 2024 779.95 787.00 807.90 765.70 1.146 times
02 Fri Feb 2024 789.20 828.70 828.85 785.00 0.861 times
25 Thu Jan 2024 819.85 798.65 850.90 751.10 0.368 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nelco (Nelco)

Date Monthly Closing Price Open High Low Volume
23 Fri Feb 2024 790.60 794.40 813.00 734.05 0.403 times
31 Wed Jan 2024 794.35 801.95 883.45 751.10 1.33 times
29 Fri Dec 2023 794.50 764.95 854.00 742.00 2.041 times
30 Thu Nov 2023 753.90 711.00 797.60 680.00 1.019 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nelco ( (Nelco) ) based on a short 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.

Price action analysis of Nelco ( (Nelco) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nelco ( (Nelco) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Nelco stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nelco in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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

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 770.27 and Nelco (Nelco) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Nelco (Nelco) stock. Volume based technical analysis of Nelco (Nelco) stock is negative.

Nelco Stock is giving positive 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nelco ( (Nelco) ) based on a short 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.

Price action analysis of Nelco ( (Nelco) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nelco ( (Nelco) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Nelco stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nelco in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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

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 770.27 and Nelco (Nelco) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Nelco (Nelco) stock. Volume based technical analysis of Nelco (Nelco) stock is negative.

Nelco Stock is giving positive 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

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