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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 2024-05-16 View latest technical analysis

10 day averaged volume of Nelco is 5438

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 732.20 720.05 737.00 720.05 1.052 times
15 Wed May 2024 730.75 743.60 743.60 726.25 0.592 times
14 Tue May 2024 727.90 726.00 733.00 719.10 0.414 times
13 Mon May 2024 711.75 721.10 721.30 697.55 1.872 times
10 Fri May 2024 721.10 724.00 734.80 715.00 1.81 times
09 Thu May 2024 725.15 741.00 741.00 715.85 1.119 times
08 Wed May 2024 737.30 743.85 743.85 731.35 0.482 times
07 Tue May 2024 732.60 754.95 754.95 730.15 0.743 times
06 Mon May 2024 747.55 762.30 762.30 741.20 0.6 times
03 Fri May 2024 753.20 767.65 767.65 750.10 1.67 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 726 as stoploss in an intra day buy trade for a target of 749.6. However, stock will show a bearish move below 726.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 678.00
Downside Target 697.55
Upside Target 734.05
Upside Target 763.90
Upside Target 768.45
Upside Target 783.10
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 705.3
Downside Intraday Target 678.4
Upside Intraday Target 751.35
Upside Intraday Target 770.5
Downside Intraday Target 724.45

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 732.20 721.10 743.60 697.55 0.827 times
10 Fri May 2024 721.10 762.30 762.30 715.00 0.917 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

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
16 Thu May 2024 732.20 765.85 768.45 697.55 0.222 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 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 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 SELL signal for Nelco in short term and the sell signal is strong.

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. 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 moving up

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

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 730.09 and Nelco (Nelco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 SELL signal for Nelco in short term and the sell signal is strong.

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. 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 moving up

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

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