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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)

10 day averaged volume of Nelcast is 20553

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 89.06 88.43 89.95 88.10 1.685 times
29 Wed Mar 2023 88.22 87.04 89.30 85.58 1.155 times
28 Tue Mar 2023 87.00 86.89 88.72 85.70 0.608 times
27 Mon Mar 2023 87.54 93.20 93.20 87.02 2.503 times
24 Fri Mar 2023 92.59 98.75 98.75 91.23 1.786 times
23 Thu Mar 2023 97.97 99.50 100.44 97.29 0.838 times
22 Wed Mar 2023 99.70 100.52 101.90 99.48 0.464 times
21 Tue Mar 2023 99.38 100.60 101.00 99.10 0.667 times
20 Mon Mar 2023 100.45 99.90 101.69 99.45 0.348 times
17 Fri Mar 2023 102.17 101.83 103.28 100.57 0.425 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 92.6, but if it comes above 92.6, then a intra day buy could be more profitable.
If you take a sell trade below 92.6, then use 92.6 as stoploss and 85.8 as target. However if you take a buy trade in stock , then use 92.6 as stoploss and 98.32 as target.

Share price targets for Nelcast (Nelcast)

Target Type Value
Downside Target 80.00
Downside Target 85.58
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 85.36
Downside Intraday Target 81.66
Upside Intraday Target 92.98
Upside Intraday Target 96.9
Upside Intraday Target 89.28

Weekly technical analysis of Nelcast (Nelcast)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 89.06 93.20 93.20 85.58 1.451 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
31 Fri Mar 2023 89.06 100.10 106.00 85.58 0.42 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)

Indicator Name Indicator Value Indicator Signal
ADX 12, 35, 48 Sell
MACD -7, -5Sell
Stochastics 14Sell
CCI -72Buy
RSI 52Buy
OBV -143407Sell
VWAP 92Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

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 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nelcast in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Nelcast is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 91.84 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.

Click here for Nelcast charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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