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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 13033

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 145.45 146.55 147.40 144.00 0.039 times
17 Fri May 2024 144.30 145.60 146.00 144.00 0.749 times
16 Thu May 2024 144.95 145.75 147.65 143.65 0.977 times
15 Wed May 2024 146.00 146.35 148.75 145.30 1.502 times
14 Tue May 2024 143.45 151.00 152.40 142.40 1.76 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 146.6, but if it comes above 146.6, then a intra day buy could be more profitable.
If you take a sell trade below 146.6, then use 146.6 as stoploss and 140.6 as target. However if you take a buy trade in stock , then use 146.6 as stoploss and 151.56 as target.

Share price targets for Nelcast (Nelcast)

Target Type Value
Downside Target 120.95
Downside Target 130.35
Downside Target 142.40
Upside Target 147.40
Upside Target 156.20
Upside Target 157.40
Upside Target 159.75
Upside Target 165.35
Upside Target 165.45
Upside Target 165.90
Upside Target 175.30

Intraday share price targets for Nelcast (Nelcast)

Target Type Value
Downside Intraday Target 143.83
Downside Intraday Target 142.22
Upside Intraday Target 147.23
Upside Intraday Target 149.02
Upside Intraday Target 145.62

Weekly technical analysis of Nelcast (Nelcast)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 145.45 146.55 147.40 144.00 0.006 times
17 Fri May 2024 144.30 150.15 155.30 142.40 1.287 times
10 Fri May 2024 151.75 165.35 165.35 149.25 0.845 times
03 Fri May 2024 163.70 153.85 165.90 147.80 1.938 times
26 Fri Apr 2024 152.00 152.85 156.20 150.70 0.72 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
20 Mon May 2024 145.45 150.35 165.90 142.40 0.847 times
30 Tue Apr 2024 150.25 130.35 157.40 130.35 1.107 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

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 Nelcast (Nelcast)

Indicator Name Indicator Value Indicator Signal
ADX 13, 24, 29 Sell
MACD -1, 1Sell
Stochastics 13Sell
CCI -69Buy
RSI 46Sell
OBV -20197Sell
VWAP 148Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Nelcast ( (Nelcast) ) 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 Nelcast ( (Nelcast) ) 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 Nelcast ( (Nelcast) ) 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Nelcast in short term and the sell signal is strong.

Nelcast 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nelcast in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Nelcast is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 148.38 and Nelcast (Nelcast) 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 Nelcast (Nelcast) stock. Volume based technical analysis of Nelcast (Nelcast) stock is negative.

Nelcast 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.

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