(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 14950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 732.60 | 754.95 | 754.95 | 730.15 | 0.27 times |
| 06 Mon May 2024 | 747.55 | 762.30 | 762.30 | 741.20 | 0.218 times |
| 03 Fri May 2024 | 753.20 | 767.65 | 767.65 | 750.10 | 0.607 times |
| 02 Thu May 2024 | 761.70 | 765.85 | 768.45 | 757.00 | 0.254 times |
| 30 Tue Apr 2024 | 755.40 | 764.10 | 766.50 | 754.00 | 0.561 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 738.9, but if it comes above 738.9, then a intra day buy could be more profitable.
If you take a sell trade below 738.9, then use 738.9 as stoploss and 716.8 as target. However if you take a buy trade in stock , then use 738.9 as stoploss and 757.3 as target.
Share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Target | 678.00 |
| Downside Target | 706.50 |
| Downside Target | 730.15 |
| Upside Target | 768.45 |
| Upside Target | 783.10 |
| Upside Target | 785.85 |
| Upside Target | 813.00 |
| Upside Target | 832.95 |
| Upside Target | 848.30 |
| Upside Target | 883.45 |
Intraday share price targets for Nelco (Nelco)
| Target Type | Value |
| Downside Intraday Target | 721.07 |
| Downside Intraday Target | 709.53 |
| Upside Intraday Target | 753.22 |
| Upside Intraday Target | 773.83 |
| Upside Intraday Target | 741.68 |
Weekly technical analysis of Nelco (Nelco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 732.60 | 762.30 | 762.30 | 730.15 | 0.259 times |
| 03 Fri May 2024 | 753.20 | 764.40 | 783.10 | 750.10 | 0.218 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 |
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 |
| 07 Tue May 2024 | 732.60 | 765.85 | 768.45 | 730.15 | 0.075 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 |
| 29 Thu Feb 2024 | 754.60 | 794.40 | 813.00 | 734.05 | 0.499 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 28, 24, 7 | Buy |
| MACD | 0, 5 | Sell |
| Stochastics | 8 | Sell |
| CCI | -123 | Sell |
| RSI | 56 | Buy |
| OBV | -48665 | Sell |
| VWAP | 782 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Nelco in short term but the sell signal is initial and weak.
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 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 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 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 781.94 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for further forecast and predictions for tomorrow
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