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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 52781

Date Daily Closing Price Open High Low Volume
08 Fri Nov 2024 119.94 121.05 124.04 118.80 2.099 times
07 Thu Nov 2024 124.94 125.00 128.77 122.00 2.368 times
06 Wed Nov 2024 125.14 125.00 126.00 123.37 0.799 times
05 Tue Nov 2024 123.63 119.79 124.00 118.35 1.18 times
04 Mon Nov 2024 119.22 121.00 121.50 118.05 0.595 times

Stock of Nelcast (NELCAST) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 116.1 or till 111.2. Use a stoploss of 120.21 and if the stock hits stoploss, then it can shoot up till 124.28

Share price targets for Nelcast (NELCAST)

Target Type Value
Downside Target 106.22
Downside Target 115.77
Upside Target 127.23
Upside Target 128.77
Upside Target 129.90
Upside Target 135.30
Upside Target 138.91
Upside Target 139.34
Upside Target 153.15
Upside Target 154.00
Upside Target 158.00

Intraday share price targets for Nelcast (NELCAST)

Target Type Value
Downside Intraday Target 115.74
Downside Intraday Target 111.53
Upside Intraday Target 126.46
Upside Intraday Target 132.97
Upside Intraday Target 122.25

Weekly technical analysis of Nelcast (NELCAST)

Date Weekly Closing Price Open High Low Volume
08 Fri Nov 2024 119.94 121.00 128.77 118.05 4.153 times
01 Fri Nov 2024 120.31 117.77 120.98 115.77 0.64 times
30 Wed Oct 2024 118.70 109.35 119.39 108.26 0.431 times
25 Fri Oct 2024 108.70 126.00 127.23 106.22 0.852 times
18 Fri Oct 2024 124.90 126.60 128.41 121.68 0.84 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nelcast (NELCAST)

Date Monthly Closing Price Open High Low Volume
08 Fri Nov 2024 119.94 119.74 128.77 117.96 0.235 times
31 Thu Oct 2024 118.62 137.30 139.34 106.22 0.362 times
30 Mon Sep 2024 136.98 146.50 153.15 129.90 2.746 times
30 Fri Aug 2024 145.75 149.50 154.00 135.30 0.655 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 20, 20, 1 Sell
MACD -5, -6Buy
Stochastics 70None
CCI 15Sell
RSI 57Buy
OBV -293446Sell
VWAP 122Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 but the buy signal is initial and weak.

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

Nelcast 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. 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 Nelcast in short term but SELL signal is weak.

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 121.55 and Nelcast (NELCAST) 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 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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