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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 2024-07-12 View latest technical analysis

10 day averaged volume of Nelco is 771860

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	844.25	872.00	877.35	823.55	0.33 times
11 Thu Jul 2024	879.65	904.80	914.80	865.00	0.719 times
10 Wed Jul 2024	901.20	908.35	913.60	865.05	0.433 times
09 Tue Jul 2024	907.10	918.50	937.50	894.00	0.503 times
08 Mon Jul 2024	917.70	913.50	934.05	896.00	0.921 times
05 Fri Jul 2024	905.30	878.00	957.00	870.00	2.96 times
04 Thu Jul 2024	883.05	793.50	898.00	789.50	3.957 times
03 Wed Jul 2024	793.40	765.00	803.00	765.00	0.23 times
02 Tue Jul 2024	766.80	779.85	786.00	763.00	0.124 times
01 Mon Jul 2024	769.85	770.30	775.00	764.15	0.099 times

My analysis of stock is bullish for shortterm, and stock might move up till 875.8 or till 939.4. Use a stoploss of 822.76 and if this stock hits its stoploss, then it can fall down till 769.76

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	763.00
Downside Target	804.00
Downside Target	825.00
Downside Target	833.00
Upside Target	848.65
Upside Target	937.50
Upside Target	957.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	799.37
Downside Intraday Target	754.48
Upside Intraday Target	913.32
Upside Intraday Target	982.38
Upside Intraday Target	868.43

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	844.25	913.50	937.50	823.55	0.394 times
05 Fri Jul 2024	905.30	770.30	957.00	763.00	17.443 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

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
12 Fri Jul 2024	844.25	770.30	957.00	763.00	2.657 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below 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 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 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 888.52 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 is giving positive 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.