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(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 105625

Date Daily Closing Price Open High Low Volume
20 Fri Sep 2024 1062.05 1090.00 1115.10 1048.75 1.357 times
19 Thu Sep 2024 1089.75 1108.00 1136.00 1071.20 1.141 times
18 Wed Sep 2024 1102.10 1147.95 1160.90 1091.15 1.215 times
17 Tue Sep 2024 1149.45 1196.90 1197.00 1141.00 0.807 times
16 Mon Sep 2024 1189.40 1238.65 1243.90 1181.00 0.818 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1062.8, for a target of 1136.3 or 1197.48

Share price targets for Nelco (NELCO)

Target Type Value
Downside Target 642.55
Downside Target 698.30
Downside Target 760.50
Downside Target 778.00
Downside Target 799.25
Downside Target 825.00
Downside Target 906.00
Downside Target 957.00
Downside Target 1048.75
Upside Target 1116.00
Upside Target 1170.00
Upside Target 1219.00
Upside Target 1243.90
Upside Target 1278.40
Upside Target 1320.00
Upside Target 1335.00

Intraday share price targets for Nelco (NELCO)

Target Type Value
Downside Intraday Target 992.57
Downside Intraday Target 923.08
Upside Intraday Target 1187.72
Upside Intraday Target 1313.38
Upside Intraday Target 1118.23

Weekly technical analysis of Nelco (NELCO)

Date Weekly Closing Price Open High Low Volume
20 Fri Sep 2024 1062.05 1238.65 1243.90 1048.75 1.145 times
13 Fri Sep 2024 1231.90 1232.95 1278.40 1170.00 0.47 times
06 Fri Sep 2024 1234.85 1232.45 1335.00 1186.80 0.408 times
30 Fri Aug 2024 1222.45 1138.00 1320.00 1116.00 0.381 times
23 Fri Aug 2024 1138.00 913.65 1219.00 906.00 6.725 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
20 Fri Sep 2024 1062.05 1232.45 1335.00 1048.75 0.184 times
30 Fri Aug 2024 1222.45 882.95 1320.00 799.25 1.152 times
31 Wed Jul 2024 879.25 770.30 957.00 760.50 3.328 times
28 Fri Jun 2024 770.30 745.00 825.00 642.55 1.568 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 20, 27, 15 Sell
MACD 68, 108Sell
Stochastics 6Sell
CCI -138Sell
RSI 61Buy
OBV -580005Sell
VWAP 1157Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

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 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 mid to longer 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.

ADX buy sell signal for Nelco stock for short term is SELL. Signal strength is Weak and stock is gaining 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 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 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1157.21 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.

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