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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 2024-02-09 View latest technical analysis

10 day averaged volume of Nelco is 12502

Date Daily Closing Price Open High Low Volume
09 Fri Feb 2024 779.95 782.05 793.95 765.70 0.878 times
08 Thu Feb 2024 788.55 793.65 800.00 784.50 0.305 times
07 Wed Feb 2024 792.35 786.80 807.90 786.80 1.243 times
06 Tue Feb 2024 790.10 776.80 795.00 772.65 0.615 times
05 Mon Feb 2024 775.75 787.00 792.00 772.00 1.66 times
02 Fri Feb 2024 789.20 800.00 805.10 785.00 0.585 times
01 Thu Feb 2024 795.85 794.40 806.45 793.00 0.737 times
31 Wed Jan 2024 794.35 804.25 809.85 792.00 0.635 times
30 Tue Jan 2024 801.40 820.80 828.85 797.55 1.603 times
29 Mon Jan 2024 803.25 828.70 828.70 801.00 0.541 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 777.5 as stoploss in an intra day buy trade for a target of 797.14. However, stock will show a bearish move below 777.5.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 670.00
Downside Target 742.00
Upside Target 807.90
Upside Target 811.70
Upside Target 828.85
Upside Target 850.90
Upside Target 854.00
Upside Target 874.00
Upside Target 883.45

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 761.13
Downside Intraday Target 742.32
Upside Intraday Target 803.33
Upside Intraday Target 826.72
Upside Intraday Target 784.52

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
09 Fri Feb 2024 779.95 787.00 807.90 765.70 1.146 times
02 Fri Feb 2024 789.20 828.70 828.85 785.00 0.861 times
25 Thu Jan 2024 819.85 798.65 850.90 751.10 0.368 times
19 Fri Jan 2024 796.05 860.00 883.45 770.35 1.363 times
12 Fri Jan 2024 846.30 810.10 874.00 794.05 2.276 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
09 Fri Feb 2024 779.95 794.40 807.90 765.70 0.176 times
31 Wed Jan 2024 794.35 801.95 883.45 751.10 1.33 times
29 Fri Dec 2023 794.50 764.95 854.00 742.00 2.041 times
30 Thu Nov 2023 753.90 711.00 797.60 680.00 1.019 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak 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 BUY signal in short term and the buying is gaining 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 790.24 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak 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 BUY signal in short term and the buying is gaining 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 790.24 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.

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Daily charts

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