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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 2024-10-22 View latest technical analysis

10 day averaged volume of Nelco is 10135

Date Daily Closing Price Open High Low Volume
22 Tue Oct 2024 894.15 934.95 934.95 881.30 2.309 times
21 Mon Oct 2024 961.20 987.60 1014.00 951.75 1.668 times
18 Fri Oct 2024 968.20 950.50 976.25 940.05 0.359 times
17 Thu Oct 2024 963.95 1007.00 1007.00 960.00 0.387 times
16 Wed Oct 2024 994.25 1010.00 1013.25 985.00 0.814 times
15 Tue Oct 2024 996.20 1015.00 1015.00 990.35 0.607 times
14 Mon Oct 2024 1004.90 1015.00 1025.65 991.80 1.081 times
11 Fri Oct 2024 1004.55 1026.05 1026.05 999.10 0.891 times
10 Thu Oct 2024 1005.90 986.00 1041.10 986.00 1.388 times
09 Wed Oct 2024 997.45 1020.00 1030.30 986.00 1.489 times

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

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 899.6, for a target of 959.8 or 1009.91

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 647.65
Downside Target 760.15
Downside Target 800.00
Downside Target 824.05
Downside Target 881.30
Upside Target 927.00
Upside Target 999.00
Upside Target 1041.10
Upside Target 1055.00
Upside Target 1058.25
Upside Target 1143.25
Upside Target 1320.80
Upside Target 1335.80

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 845.63
Downside Intraday Target 797.12
Upside Intraday Target 978.33
Upside Intraday Target 1062.52
Upside Intraday Target 929.82

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
22 Tue Oct 2024 894.15 987.60 1014.00 881.30 1.224 times
18 Fri Oct 2024 968.20 1015.00 1025.65 940.05 0.428 times
11 Fri Oct 2024 1004.55 980.00 1041.10 927.00 1.86 times
03 Thu Oct 2024 1001.75 1038.25 1058.25 999.00 0.787 times
27 Fri Sep 2024 1045.20 1063.50 1143.25 1040.00 0.837 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
22 Tue Oct 2024 894.15 1034.80 1055.00 881.30 0.701 times
30 Mon Sep 2024 1028.30 1225.30 1335.80 1019.00 0.256 times
30 Fri Aug 2024 1221.05 880.95 1320.80 800.00 1.356 times
31 Wed Jul 2024 879.80 775.00 957.00 760.15 2.6 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nelco stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

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 and selling is picking up 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 970.19 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nelco stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

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 and selling is picking up 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 970.19 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 negative.

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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Daily chart
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