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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 2024-05-29 View latest technical analysis

10 day averaged volume of Nelco is 8369

Date Daily Closing Price Open High Low Volume
29 Wed May 2024 735.55 757.95 757.95 730.00 1.364 times
28 Tue May 2024 756.35 769.95 777.60 751.15 2.812 times
27 Mon May 2024 759.90 740.00 773.00 739.40 1.56 times
24 Fri May 2024 739.00 746.00 764.45 727.00 1.265 times
23 Thu May 2024 731.40 739.95 740.00 727.85 1.246 times
22 Wed May 2024 738.15 752.00 752.00 732.90 0.245 times
21 Tue May 2024 747.85 754.40 755.55 738.45 0.354 times
18 Sat May 2024 746.35 751.60 751.60 742.40 0.128 times
17 Fri May 2024 739.35 734.00 749.95 734.00 1.323 times
16 Thu May 2024 732.20 720.05 737.00 720.05 0.683 times

My analysis of stock is bearish for shortterm, and stock might move down till 726 or till 710.6. Use a stoploss of 738.76 and if the stock hits stoploss, then it can shoot up till 751.54

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 678.00
Downside Target 697.55
Upside Target 750.10
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 717.83
Downside Intraday Target 700.12
Upside Intraday Target 765.43
Upside Intraday Target 795.32
Upside Intraday Target 747.72

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
29 Wed May 2024 735.55 740.00 777.60 730.00 1.844 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nelco (Nelco)

Date Monthly Closing Price Open High Low Volume
29 Wed May 2024 735.55 765.85 777.60 697.55 0.541 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 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 Weak and stock is losing 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. 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 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 745.09 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 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 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 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 Weak and stock is losing 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. 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 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 745.09 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 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

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Daily charts

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