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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 2024-02-28 View latest technical analysis

10 day averaged volume of Nelco is 9670

Date Daily Closing Price Open High Low Volume
28 Wed Feb 2024 757.10 763.05 775.85 748.65 0.977 times
27 Tue Feb 2024 770.65 775.00 780.80 769.00 0.678 times
26 Mon Feb 2024 774.45 793.25 793.65 771.35 1.644 times
23 Fri Feb 2024 790.60 804.35 808.10 786.00 0.684 times
22 Thu Feb 2024 798.70 768.20 813.00 768.20 2.792 times
21 Wed Feb 2024 755.00 763.00 766.40 753.35 0.615 times
20 Tue Feb 2024 758.15 772.95 776.50 756.20 1.11 times
19 Mon Feb 2024 769.55 775.10 780.00 765.00 0.856 times
16 Fri Feb 2024 767.80 778.85 778.85 759.95 0.442 times
15 Thu Feb 2024 763.85 757.95 769.65 757.95 0.601 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 756.2 as stoploss in an intra day buy trade for a target of 773.01. However, stock will show a bearish move below 756.2.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 670.00
Downside Target 734.05
Upside Target 781.95
Upside Target 797.60
Upside Target 807.90
Upside Target 811.70
Upside Target 813.00
Upside Target 828.85
Upside Target 854.00
Upside Target 883.45

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 739.28
Downside Intraday Target 721.47
Upside Intraday Target 784.28
Upside Intraday Target 811.47
Upside Intraday Target 766.47

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
28 Wed Feb 2024 757.10 793.25 793.65 748.65 0.545 times
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

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
28 Wed Feb 2024 757.10 794.40 813.00 734.05 0.478 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nelco ( (Nelco) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 Weak and stock is gaining momentum.

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

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 but buying is losing 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 775.96 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nelco ( (Nelco) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 Weak and stock is gaining momentum.

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

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 but buying is losing 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 775.96 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 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

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Daily charts

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