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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 62529

Date Daily Closing Price Open High Low Volume
12 Tue Nov 2024 112.31 114.80 117.63 111.95 0.665 times
11 Mon Nov 2024 113.38 120.00 120.00 112.21 1.96 times
08 Fri Nov 2024 119.94 121.05 124.04 118.80 1.772 times
07 Thu Nov 2024 124.94 125.00 128.77 122.00 1.999 times
06 Wed Nov 2024 125.14 125.00 126.00 123.37 0.675 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 114.7, but if it comes above 114.7, then a intra day buy could be more profitable.
If you take a sell trade below 114.7, then use 114.7 as stoploss and 109.5 as target. However if you take a buy trade in stock , then use 114.7 as stoploss and 119.06 as target.

Share price targets for Nelcast (NELCAST)

Target Type Value
Downside Target 106.22
Downside Target 111.95
Upside 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 109.51
Downside Intraday Target 106.7
Upside Intraday Target 117.56
Upside Intraday Target 122.8
Upside Intraday Target 114.75

Weekly technical analysis of Nelcast (NELCAST)

Date Weekly Closing Price Open High Low Volume
12 Tue Nov 2024 112.31 120.00 120.00 111.95 0.442 times
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

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 Nelcast (NELCAST)

Date Monthly Closing Price Open High Low Volume
12 Tue Nov 2024 112.31 119.74 128.77 111.95 0.333 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 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 15, 27, 29 Sell
MACD -6, -6Sell
Stochastics 14Sell
CCI -142Sell
RSI 54Buy
OBV -358182Sell
VWAP 120Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Nelcast ( (NELCAST) ) 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 Nelcast ( (NELCAST) ) 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 Nelcast ( (NELCAST) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 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 Nelcast 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 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 119.7 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 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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