(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 2024-06-04 View latest technical analysis
10 day averaged volume of Nelco is 10798
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 698.30 | 739.00 | 739.00 | 647.65 | 1.786 times |
| 03 Mon Jun 2024 | 728.00 | 739.20 | 744.25 | 721.80 | 1.183 times |
| 31 Fri May 2024 | 718.65 | 733.65 | 733.65 | 709.00 | 0.327 times |
| 30 Thu May 2024 | 722.55 | 731.00 | 738.20 | 721.00 | 1.635 times |
| 29 Wed May 2024 | 735.55 | 757.95 | 757.95 | 730.00 | 1.057 times |
| 28 Tue May 2024 | 756.35 | 769.95 | 777.60 | 751.15 | 2.179 times |
| 27 Mon May 2024 | 759.90 | 740.00 | 773.00 | 739.40 | 1.209 times |
| 24 Fri May 2024 | 739.00 | 746.00 | 764.45 | 727.00 | 0.981 times |
| 23 Thu May 2024 | 731.40 | 739.95 | 740.00 | 727.85 | 0.966 times |
| 22 Wed May 2024 | 738.15 | 752.00 | 752.00 | 732.90 | 0.19 times |
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 701.2, for a target of 718.2 or 732.38
Share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Target | 647.65 |
| Downside Target | 678.00 |
| Downside Target | 697.55 |
| Upside Target | 751.60 |
| Upside Target | 762.30 |
| Upside Target | 764.45 |
| Upside Target | 777.60 |
| Upside Target | 813.00 |
| Upside Target | 832.95 |
| Upside Target | 848.30 |
Intraday share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Intraday Target | 649.22 |
| Downside Intraday Target | 600.13 |
| Upside Intraday Target | 745.82 |
| Upside Intraday Target | 793.33 |
| Downside Intraday Target | 696.73 |
Weekly technical analysis of Nelco (Nelco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 698.30 | 739.20 | 744.25 | 647.65 | 0.463 times |
| 31 Fri May 2024 | 718.65 | 740.00 | 777.60 | 709.00 | 2.658 times |
| 24 Fri May 2024 | 739.00 | 754.40 | 764.45 | 727.00 | 0.777 times |
| 18 Sat May 2024 | 746.35 | 721.10 | 751.60 | 697.55 | 1.296 times |
| 10 Fri May 2024 | 721.10 | 762.30 | 762.30 | 715.00 | 0.917 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 |
| 04 Tue Jun 2024 | 698.30 | 739.20 | 744.25 | 647.65 | 0.191 times |
| 31 Fri May 2024 | 718.65 | 765.85 | 777.60 | 697.55 | 0.619 times |
| 30 Tue Apr 2024 | 755.40 | 708.55 | 848.30 | 706.50 | 0.9 times |
| 28 Thu Mar 2024 | 693.10 | 765.95 | 832.95 | 678.00 | 1.413 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 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 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 Strong 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 weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Nelco is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 733.15 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 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 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 Strong 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 weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Nelco is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 733.15 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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