Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-02 View latest technical analysis

10 day averaged volume of Nelco is 90882

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	766.80	779.85	786.00	763.00	1.056 times
01 Mon Jul 2024	769.85	770.30	775.00	764.15	0.841 times
28 Fri Jun 2024	770.30	774.00	779.95	768.15	0.452 times
27 Thu Jun 2024	769.05	780.00	794.20	763.05	0.868 times
26 Wed Jun 2024	779.40	789.30	790.00	775.00	0.634 times
25 Tue Jun 2024	784.80	799.00	803.20	781.00	0.601 times
24 Mon Jun 2024	798.00	785.15	804.00	778.20	1.034 times
21 Fri Jun 2024	790.55	803.75	806.95	785.15	0.862 times
20 Thu Jun 2024	800.50	795.75	807.95	792.95	0.959 times
19 Wed Jun 2024	795.50	799.50	819.00	778.10	2.494 times

My analysis of stock is bearish for shortterm, and stock might move down till 736.4 or till 697.4. Use a stoploss of 768.89 and if the stock hits stoploss, then it can shoot up till 801.37

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	745.00
Downside Target	763.00
Upside Target	786.00
Upside Target	804.00
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	757.87
Downside Intraday Target	748.93
Upside Intraday Target	780.87
Upside Intraday Target	794.93
Upside Intraday Target	771.93

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	766.80	770.30	786.00	763.00	0.529 times
28 Fri Jun 2024	770.30	785.15	804.00	763.05	0.644 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

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
02 Tue Jul 2024	766.80	770.30	786.00	763.00	0.058 times
28 Fri Jun 2024	770.30	745.00	825.00	642.55	1.568 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

Scroll below to view daily charts

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)

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 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 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 losing 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 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 buy signal for Nelco in short term but BUY 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 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 785.32 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.