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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)

Nelco trades in NSE in IT Networking Equipment sector.

Showing technical analysis as on 2024-06-26 View latest technical analysis

10 day averaged volume of Nelco is 229576

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	779.40	789.30	790.00	775.00	0.251 times
25 Tue Jun 2024	784.80	799.00	803.20	781.00	0.238 times
24 Mon Jun 2024	798.00	785.15	804.00	778.20	0.409 times
21 Fri Jun 2024	790.55	803.75	806.95	785.15	0.341 times
20 Thu Jun 2024	800.50	795.75	807.95	792.95	0.38 times
19 Wed Jun 2024	795.50	799.50	819.00	778.10	0.987 times
18 Tue Jun 2024	795.90	805.00	810.20	789.00	0.497 times
14 Fri Jun 2024	802.95	806.00	823.50	801.00	0.868 times
13 Thu Jun 2024	800.85	780.00	825.00	770.05	2.534 times
12 Wed Jun 2024	777.25	788.75	792.75	775.00	0.693 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 797.1 as stoploss in an intra day sell trade for a target of 760.25. However, stock will show a bullish move above 797.1.

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	642.55
Downside Target	676.40
Downside Target	695.00
Downside Target	729.50
Downside Target	775.00
Upside Target	804.00
Upside Target	814.00
Upside Target	819.00
Upside Target	825.00
Upside Target	833.00
Upside Target	848.65

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	768.27
Downside Intraday Target	757.13
Upside Intraday Target	797.27
Upside Intraday Target	815.13
Upside Intraday Target	786.13

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	779.40	785.15	804.00	775.00	0.407 times
21 Fri Jun 2024	790.55	805.00	819.00	778.10	0.295 times
14 Fri Jun 2024	802.95	731.55	825.00	729.50	3.933 times
07 Fri Jun 2024	730.65	745.00	745.00	642.55	0.48 times
31 Fri May 2024	718.45	744.85	778.00	705.00	2.817 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
26 Wed Jun 2024	779.40	745.00	825.00	642.55	1.505 times
31 Fri May 2024	718.45	764.00	778.00	698.30	0.542 times
30 Tue Apr 2024	756.25	712.00	848.65	695.00	1.168 times
28 Thu Mar 2024	694.15	758.80	833.00	676.40	1.417 times

Scroll below to view daily charts

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

Indicators analysis of Nelco (NELCO)

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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Nelco in short term and the buy signal is strong.

Nelco 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 795.81 and Nelco (NELCO) 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 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.