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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 2024-05-09 View latest technical analysis

10 day averaged volume of Nelco is 8959

Date Daily Closing Price Open High Low Volume
09 Thu May 2024 725.15 741.00 741.00 715.85 0.679 times
08 Wed May 2024 737.30 743.85 743.85 731.35 0.292 times
07 Tue May 2024 732.60 754.95 754.95 730.15 0.451 times
06 Mon May 2024 747.55 762.30 762.30 741.20 0.364 times
03 Fri May 2024 753.20 767.65 767.65 750.10 1.014 times
02 Thu May 2024 761.70 765.85 768.45 757.00 0.423 times
30 Tue Apr 2024 755.40 764.10 766.50 754.00 0.936 times
29 Mon Apr 2024 762.90 764.40 783.10 758.65 0.776 times
26 Fri Apr 2024 762.15 827.95 827.95 759.00 0.645 times
25 Thu Apr 2024 757.70 788.35 788.35 751.65 1.553 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 734.7, but if it comes above 734.7, then a intra day buy could be more profitable.
If you take a sell trade below 734.7, then use 734.7 as stoploss and 710.6 as target. However if you take a buy trade in stock , then use 734.7 as stoploss and 754.76 as target.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 678.00
Downside Target 706.50
Upside Target 734.05
Upside Target 768.45
Upside Target 783.10
Upside Target 785.85
Upside Target 813.00
Upside Target 832.95
Upside Target 848.30
Upside Target 883.45

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 706.57
Downside Intraday Target 687.98
Upside Intraday Target 753.02
Upside Intraday Target 780.88
Upside Intraday Target 734.43

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
09 Thu May 2024 725.15 762.30 762.30 715.85 0.568 times
03 Fri May 2024 753.20 764.40 783.10 750.10 0.218 times
26 Fri Apr 2024 762.15 749.85 848.30 744.45 3.164 times
19 Fri Apr 2024 741.90 711.05 763.90 708.00 1.37 times
12 Fri Apr 2024 743.60 762.10 785.85 740.00 0.537 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
09 Thu May 2024 725.15 765.85 768.45 715.85 0.107 times
30 Tue Apr 2024 755.40 708.55 848.30 706.50 0.9 times
28 Thu Mar 2024 693.10 765.95 832.95 678.00 1.413 times
29 Thu Feb 2024 754.60 794.40 813.00 734.05 0.499 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 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 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 losing 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 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 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 751.92 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 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 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 losing 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 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 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 751.92 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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