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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 2024-02-21 View latest technical analysis

10 day averaged volume of Nelco is 8751

Date Daily Closing Price Open High Low Volume
21 Wed Feb 2024 755.00 763.00 766.40 753.35 0.68 times
20 Tue Feb 2024 758.15 772.95 776.50 756.20 1.227 times
19 Mon Feb 2024 769.55 775.10 780.00 765.00 0.945 times
16 Fri Feb 2024 767.80 778.85 778.85 759.95 0.488 times
15 Thu Feb 2024 763.85 757.95 769.65 757.95 0.664 times
14 Wed Feb 2024 751.95 748.00 770.00 746.85 0.639 times
13 Tue Feb 2024 742.15 755.05 756.35 734.05 0.603 times
12 Mon Feb 2024 748.40 781.95 781.95 745.00 1.97 times
09 Fri Feb 2024 779.95 782.05 793.95 765.70 1.254 times
08 Thu Feb 2024 788.55 793.65 800.00 784.50 0.436 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 758.1, but if it comes above 758.1, then a intra day buy could be more profitable.
If you take a sell trade below 758.1, then use 758.1 as stoploss and 733.7 as target. However if you take a buy trade in stock , then use 758.1 as stoploss and 778.48 as target.

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 670.00
Downside Target 734.05
Upside Target 785.00
Upside Target 797.60
Upside Target 807.90
Upside Target 811.70
Upside Target 828.85
Upside Target 850.90
Upside Target 854.00
Upside Target 883.45

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 745.57
Downside Intraday Target 736.13
Upside Intraday Target 772.22
Upside Intraday Target 789.43
Upside Intraday Target 762.78

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
21 Wed Feb 2024 755.00 775.10 780.00 753.35 0.654 times
16 Fri Feb 2024 767.80 781.95 781.95 734.05 0.65 times
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

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
21 Wed Feb 2024 755.00 794.40 807.90 734.05 0.324 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 760.95 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 760.95 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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