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(Nuvoco) Nuvoco complete technical analysis [charts+indicators] | Buy/Sell Nuvoco | (Nuvoco) share price targets

Complete technical analysis of Nuvoco (Nuvoco) by charts plus indicators, forecast predictions and share price targets for Nuvoco (Nuvoco)

10 day averaged volume of Nuvoco is 48053

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 338.70 344.05 345.00 332.40 1.16 times
29 Mon Apr 2024 339.40 343.40 351.00 338.25 1.158 times
26 Fri Apr 2024 341.85 342.50 347.40 340.30 0.352 times
25 Thu Apr 2024 342.00 346.15 347.65 336.95 0.543 times
24 Wed Apr 2024 347.65 346.80 354.15 345.30 0.909 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 338.3, but if it comes below 338.3, then a intra day sell could be more profitable.
If you take a sell trade below 338.3, then use 338.3 as stoploss and 325.91 as target. However if you take a buy trade in stock , then use 338.3 as stoploss and 353.2 as target.

Share price targets for Nuvoco (Nuvoco)

Target Type Value
Downside Target 292.00
Downside Target 301.05
Downside Target 322.35
Upside Target 340.70
Upside Target 351.00
Upside Target 354.15
Upside Target 359.10
Upside Target 365.90
Upside Target 386.10
Upside Target 398.55

Intraday share price targets for Nuvoco (Nuvoco)

Target Type Value
Downside Intraday Target 330.4
Downside Intraday Target 322.1
Upside Intraday Target 349
Upside Intraday Target 359.3
Upside Intraday Target 340.7

Weekly technical analysis of Nuvoco (Nuvoco)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 338.70 343.40 351.00 332.40 0.571 times
26 Fri Apr 2024 341.85 334.10 354.15 325.00 0.937 times
19 Fri Apr 2024 326.70 302.05 330.00 301.05 0.135 times
12 Fri Apr 2024 314.00 322.35 322.35 308.40 10.377 times
05 Fri Apr 2024 316.00 307.00 333.95 307.00 1.157 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 Nuvoco (Nuvoco)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 338.70 307.00 354.15 301.05 4.016 times
28 Thu Mar 2024 306.50 331.55 340.70 292.00 1.105 times
29 Thu Feb 2024 331.50 362.25 365.90 330.50 0.692 times
31 Wed Jan 2024 361.30 379.05 386.10 330.80 0.352 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Nuvoco (Nuvoco)

Indicator Name Indicator Value Indicator Signal
ADX 26, 20, 11 Buy
MACD 8, 4Buy
Stochastics 73Buy
CCI 30Sell
RSI 59Buy
OBV -1206132Sell
VWAP 333Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Nuvoco ( (Nuvoco) ) 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 Nuvoco ( (Nuvoco) ) based on a short 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.

Price action analysis of Nuvoco ( (Nuvoco) ) 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 Nuvoco ( (Nuvoco) ) 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 Nuvoco stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Nuvoco 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.

Nuvoco 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 coming down

CCI has generated a SELL signal for Nuvoco in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 332.83 and Nuvoco (Nuvoco) 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 Nuvoco (Nuvoco) stock. Volume based technical analysis of Nuvoco (Nuvoco) stock is negative.

Nuvoco 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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