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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 2024-05-28 View latest technical analysis

10 day averaged volume of Nelco is 6242

Date Daily Closing Price Open High Low Volume
28 Tue May 2024 756.35 769.95 777.60 751.15 3.77 times
27 Mon May 2024 759.90 740.00 773.00 739.40 2.091 times
24 Fri May 2024 739.00 746.00 764.45 727.00 1.696 times
23 Thu May 2024 731.40 739.95 740.00 727.85 1.67 times
22 Wed May 2024 738.15 752.00 752.00 732.90 0.328 times
21 Tue May 2024 747.85 754.40 755.55 738.45 0.475 times
18 Sat May 2024 746.35 751.60 751.60 742.40 0.172 times
17 Fri May 2024 739.35 734.00 749.95 734.00 1.773 times
16 Thu May 2024 732.20 720.05 737.00 720.05 0.916 times
15 Wed May 2024 730.75 743.60 743.60 726.25 0.516 times

Stock of Nelco (Nelco) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 753, but if it comes below 753, then a intra day sell could be more profitable.
If you take a sell trade below 753, then use 753 as stoploss and 739.75 as target. However if you take a buy trade in stock , then use 753 as stoploss and 768.9 as target.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 678.00
Downside Target 697.55
Upside Target 762.30
Upside Target 764.45
Upside Target 777.60
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 737.97
Downside Intraday Target 719.58
Upside Intraday Target 776.17
Upside Intraday Target 795.98
Upside Intraday Target 757.78

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
28 Tue May 2024 756.35 740.00 777.60 739.40 1.405 times
24 Fri May 2024 739.00 754.40 764.45 727.00 0.777 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

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
28 Tue May 2024 756.35 765.85 777.60 697.55 0.498 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 up 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 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 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 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 745.84 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 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 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 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 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 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 745.84 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 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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