(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 2024-02-29 View latest technical analysis
10 day averaged volume of Nelco is 10056
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 754.60 | 755.05 | 758.90 | 745.00 | 0.885 times |
| 28 Wed Feb 2024 | 757.10 | 763.05 | 775.85 | 748.65 | 0.94 times |
| 27 Tue Feb 2024 | 770.65 | 775.00 | 780.80 | 769.00 | 0.652 times |
| 26 Mon Feb 2024 | 774.45 | 793.25 | 793.65 | 771.35 | 1.581 times |
| 23 Fri Feb 2024 | 790.60 | 804.35 | 808.10 | 786.00 | 0.658 times |
| 22 Thu Feb 2024 | 798.70 | 768.20 | 813.00 | 768.20 | 2.684 times |
| 21 Wed Feb 2024 | 755.00 | 763.00 | 766.40 | 753.35 | 0.592 times |
| 20 Tue Feb 2024 | 758.15 | 772.95 | 776.50 | 756.20 | 1.067 times |
| 19 Mon Feb 2024 | 769.55 | 775.10 | 780.00 | 765.00 | 0.823 times |
| 16 Fri Feb 2024 | 767.80 | 778.85 | 778.85 | 759.95 | 0.425 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 754.5 as stoploss in an intra day buy trade for a target of 770.94. However, stock will show a bearish move below 754.5.
Share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Target | 670.00 |
| Downside Target | 734.05 |
| Upside Target | 781.95 |
| Upside Target | 797.60 |
| Upside Target | 807.90 |
| Upside Target | 811.70 |
| Upside Target | 813.00 |
| Upside Target | 828.85 |
| Upside Target | 854.00 |
| Upside Target | 883.45 |
Intraday share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Intraday Target | 735.18 |
| Downside Intraday Target | 715.77 |
| Upside Intraday Target | 783.83 |
| Upside Intraday Target | 813.07 |
| Upside Intraday Target | 764.42 |
Weekly technical analysis of Nelco (Nelco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 754.60 | 793.25 | 793.65 | 745.00 | 0.697 times |
| 23 Fri Feb 2024 | 790.60 | 775.10 | 813.00 | 753.35 | 1.534 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 |
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 |
| 29 Thu Feb 2024 | 754.60 | 794.40 | 813.00 | 734.05 | 0.499 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 774.8 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 neutral. A longer time frame might give a better analysis.
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 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 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 774.8 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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