(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 2024-05-23 View latest technical analysis
10 day averaged volume of Nelco is 5445
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 731.40 | 739.95 | 740.00 | 727.85 | 1.915 times |
| 22 Wed May 2024 | 738.15 | 752.00 | 752.00 | 732.90 | 0.376 times |
| 21 Tue May 2024 | 747.85 | 754.40 | 755.55 | 738.45 | 0.545 times |
| 18 Sat May 2024 | 746.35 | 751.60 | 751.60 | 742.40 | 0.197 times |
| 17 Fri May 2024 | 739.35 | 734.00 | 749.95 | 734.00 | 2.033 times |
| 16 Thu May 2024 | 732.20 | 720.05 | 737.00 | 720.05 | 1.051 times |
| 15 Wed May 2024 | 730.75 | 743.60 | 743.60 | 726.25 | 0.591 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 | 1.869 times |
| 10 Fri May 2024 | 721.10 | 724.00 | 734.80 | 715.00 | 1.808 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 726.7 as stoploss in an intra day buy trade for a target of 741.12. However, stock will show a bearish move below 726.7.
Share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Target | 678.00 |
| Downside Target | 697.55 |
| Upside Target | 755.55 |
| Upside Target | 762.30 |
| 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 | 720.98 |
| Downside Intraday Target | 710.57 |
| Upside Intraday Target | 748.68 |
| Upside Intraday Target | 765.97 |
| Upside Intraday Target | 738.27 |
Weekly technical analysis of Nelco (Nelco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 731.40 | 754.40 | 755.55 | 727.85 | 0.461 times |
| 18 Sat May 2024 | 746.35 | 721.10 | 751.60 | 697.55 | 1.296 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 |
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 |
| 23 Thu May 2024 | 731.40 | 765.85 | 768.45 | 697.55 | 0.324 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal in short term but selling 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 729.02 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal in short term but selling 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 729.02 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.
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