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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 16929

Date Daily Closing Price Open High Low Volume
18 Thu Apr 2024 152.05 153.00 154.15 150.75 0.158 times
16 Tue Apr 2024 151.85 150.60 153.15 150.00 1.292 times
15 Mon Apr 2024 150.25 140.05 154.20 140.05 0.945 times
12 Fri Apr 2024 151.05 154.30 154.30 150.10 0.381 times
10 Wed Apr 2024 154.65 149.90 157.40 147.40 3.446 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 149.2, but if it comes below 149.2, then a intra day sell could be more profitable.
If you take a sell trade below 149.2, then use 149.2 as stoploss and 140.04 as target. However if you take a buy trade in stock , then use 149.2 as stoploss and 160.2 as target.

Share price targets for Nelcast (Nelcast)

Target Type Value
Downside Target 120.95
Downside Target 124.20
Downside Target 128.00
Downside Target 140.05
Downside Target 146.20
Downside Target 151.90
Upside Target 154.20
Upside Target 157.40
Upside Target 159.75
Upside Target 165.45
Upside Target 175.30
Upside Target 179.00

Intraday share price targets for Nelcast (Nelcast)

Target Type Value
Downside Intraday Target 143.33
Downside Intraday Target 134.62
Upside Intraday Target 157.48
Upside Intraday Target 162.92
Downside Intraday Target 148.77

Weekly technical analysis of Nelcast (Nelcast)

Date Weekly Closing Price Open High Low Volume
18 Thu Apr 2024 152.05 140.05 154.20 140.05 0.34 times
12 Fri Apr 2024 151.05 143.35 157.40 140.20 4.511 times
05 Fri Apr 2024 143.35 130.35 146.20 130.35 0.844 times
28 Thu Mar 2024 128.40 134.20 134.45 128.00 0.414 times
22 Fri Mar 2024 131.60 132.75 132.75 124.20 1.159 times

Price has moved up 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
18 Thu Apr 2024 152.05 130.35 157.40 130.35 0.779 times
28 Thu Mar 2024 128.40 153.00 159.75 120.95 0.72 times
29 Thu Feb 2024 151.50 164.25 165.45 148.80 1.007 times
31 Wed Jan 2024 161.45 158.35 175.30 152.35 1.217 times

Price has moved up 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 24, 24, 1 Sell
MACD 2, -1Buy
Stochastics 72Buy
CCI 83Buy
RSI 52Buy
OBV 79020Sell
VWAP 151Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Nelcast ( (Nelcast) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nelcast ( (Nelcast) ) 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 Nelcast ( (Nelcast) ) based on a short to mid 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Nelcast in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nelcast Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Nelcast in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Nelcast is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 150.52 and Nelcast (Nelcast) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Nelcast (Nelcast) stock. Volume based technical analysis of Nelcast (Nelcast) stock is negative.

Nelcast Stock is giving positive 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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