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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)

10 day averaged volume of Nelco is 17496

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 755.40 764.10 766.50 754.00 0.479 times
29 Mon Apr 2024 762.90 764.40 783.10 758.65 0.397 times
26 Fri Apr 2024 762.15 827.95 827.95 759.00 0.331 times
25 Thu Apr 2024 757.70 788.35 788.35 751.65 0.795 times
24 Wed Apr 2024 777.55 807.85 807.85 770.00 1.815 times

My analysis of stock is bearish for shortterm, and stock might move down till 737.1 or till 713.2. Use a stoploss of 756.92 and if the stock hits stoploss, then it can shoot up till 776.79

Share price targets for Nelco (Nelco)

Target Type Value
Downside Target 678.00
Downside Target 706.50
Downside Target 734.05
Upside Target 783.10
Upside Target 785.85
Upside Target 813.00
Upside Target 832.95
Upside Target 848.30
Upside Target 854.00
Upside Target 883.45

Intraday share price targets for Nelco (Nelco)

Target Type Value
Downside Intraday Target 745.23
Downside Intraday Target 735.07
Upside Intraday Target 774.33
Upside Intraday Target 793.27
Upside Intraday Target 764.17

Weekly technical analysis of Nelco (Nelco)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 755.40 764.40 783.10 754.00 0.119 times
26 Fri Apr 2024 762.15 749.85 848.30 744.45 3.164 times
19 Fri Apr 2024 741.90 711.05 763.90 708.00 1.37 times
12 Fri Apr 2024 743.60 762.10 785.85 740.00 0.537 times
05 Fri Apr 2024 760.30 708.55 774.65 706.50 1.58 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
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
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

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 Nelco (Nelco)

Indicator Name Indicator Value Indicator Signal
ADX 35, 20, 27 Buy
MACD 8, 8Buy
Stochastics 36None
CCI -43Sell
RSI 56Buy
OBV -19766Sell
VWAP 781Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Nelco in short term and the buy 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 in or above 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

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 780.93 and Nelco (Nelco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Nelco Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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