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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 2024-07-25 View latest technical analysis

10 day averaged volume of Nelco is 206991

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	819.60	806.00	835.00	799.55	0.673 times
24 Wed Jul 2024	809.30	791.00	822.00	790.00	0.629 times
23 Tue Jul 2024	786.75	800.00	804.20	760.50	0.602 times
22 Mon Jul 2024	792.90	773.00	813.20	764.55	0.644 times
19 Fri Jul 2024	785.15	805.00	811.70	780.20	0.566 times
18 Thu Jul 2024	807.40	831.00	831.70	800.80	0.777 times
16 Tue Jul 2024	829.75	845.75	849.75	826.60	0.447 times
15 Mon Jul 2024	838.60	845.05	857.95	826.55	0.805 times
12 Fri Jul 2024	844.25	872.00	877.35	823.55	1.232 times
11 Thu Jul 2024	879.65	904.80	914.80	865.00	2.683 times

My analysis of stock is bearish for shortterm, and stock might move down till 777.7 or till 716.2. Use a stoploss of 828.86 and if the stock hits stoploss, then it can shoot up till 880.07

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	642.55
Downside Target	676.40
Downside Target	695.00
Downside Target	760.50
Downside Target	804.00
Upside Target	823.55
Upside Target	833.00
Upside Target	835.00
Upside Target	848.65
Upside Target	857.95
Upside Target	937.50
Upside Target	957.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	775.07
Downside Intraday Target	730.53
Upside Intraday Target	849.57
Upside Intraday Target	879.53
Downside Intraday Target	805.03

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	819.60	773.00	835.00	760.50	0.982 times
19 Fri Jul 2024	785.15	845.05	857.95	780.20	0.239 times
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

Price has moved up 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
25 Thu Jul 2024	819.60	770.30	957.00	760.50	3.014 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nelco ( (NELCO) ) based on a short 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 Nelco ( (NELCO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 834.93 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.