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(Nelcast) Nelcast complete technical analysis [charts+indicators] | Buy/Sell Nelcast | (Nelcast) share price targets

Complete technical analysis of Nelcast (Nelcast) by charts plus indicators, forecast predictions and share price targets for Nelcast (Nelcast)

Showing technical analysis as on 2023-03-27 View latest technical analysis

10 day averaged volume of Nelcast is 20111

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon Mar 2023	87.54	93.20	93.20	87.02	2.558 times
24 Fri Mar 2023	92.59	98.75	98.75	91.23	1.826 times
23 Thu Mar 2023	97.97	99.50	100.44	97.29	0.856 times
22 Wed Mar 2023	99.70	100.52	101.90	99.48	0.474 times
21 Tue Mar 2023	99.38	100.60	101.00	99.10	0.682 times
20 Mon Mar 2023	100.45	99.90	101.69	99.45	0.355 times
17 Fri Mar 2023	102.17	101.83	103.28	100.57	0.434 times
16 Thu Mar 2023	100.14	103.50	103.50	99.00	1.232 times
15 Wed Mar 2023	102.22	102.75	106.00	100.96	1.882 times
14 Tue Mar 2023	102.18	102.54	102.54	100.81	0.594 times

Stock of Nelcast (Nelcast) 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 91.8, for a target of 96.4 or 100.23

Share price targets for Nelcast (Nelcast)

Target Type	Value
Downside Target	80.00
Downside Target	86.75
Upside Target	91.23
Upside Target	93.20
Upside Target	95.25
Upside Target	98.00
Upside Target	101.90
Upside Target	105.00
Upside Target	106.00
Upside Target	117.20
Upside Target	120.00
Upside Target	131.95

Intraday share price targets for Nelcast (Nelcast)

Target Type	Value
Downside Intraday Target	85.31
Downside Intraday Target	83.07
Upside Intraday Target	91.49
Upside Intraday Target	95.43
Upside Intraday Target	89.25

Weekly technical analysis of Nelcast (Nelcast)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon Mar 2023	87.54	93.20	93.20	87.02	0.61 times
24 Fri Mar 2023	92.59	99.90	101.90	91.23	0.722 times
17 Fri Mar 2023	102.17	104.00	106.00	99.00	1.485 times
10 Fri Mar 2023	102.11	104.40	105.00	98.94	0.546 times
03 Fri Mar 2023	102.36	100.70	106.00	98.35	0.516 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 Nelcast (Nelcast)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Mon Mar 2023	87.54	100.10	106.00	87.02	0.359 times
28 Tue Feb 2023	99.10	115.35	117.20	95.25	0.447 times
31 Tue Jan 2023	114.50	99.95	131.95	98.95	0.872 times
30 Fri Dec 2022	99.35	87.05	120.00	86.75	4.196 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 Nelcast (Nelcast)

Price action analysis of Nelcast ( (Nelcast) ) 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 Nelcast ( (Nelcast) ) 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 Nelcast ( (Nelcast) ) 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 Nelcast stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nelcast in short term and the sell signal is strong.

Nelcast 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 Nelcast 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 Nelcast is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 96.24 and Nelcast (Nelcast) 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 Nelcast (Nelcast) stock. Volume based technical analysis of Nelcast (Nelcast) stock is negative.

Nelcast 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.