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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 2024-08-14 View latest technical analysis

10 day averaged volume of Nelco is 201214

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	873.45	903.00	903.10	870.25	0.521 times
13 Tue Aug 2024	895.65	903.20	934.70	889.35	2.056 times
12 Mon Aug 2024	900.90	848.05	910.10	843.00	1.616 times
09 Fri Aug 2024	857.95	840.65	883.20	840.65	1.074 times
08 Thu Aug 2024	836.85	854.90	861.00	833.00	0.369 times
07 Wed Aug 2024	852.65	814.40	859.45	808.05	0.971 times
06 Tue Aug 2024	804.75	823.60	840.45	801.15	0.569 times
05 Mon Aug 2024	814.45	858.00	864.65	799.25	0.877 times
02 Fri Aug 2024	872.70	881.00	899.90	869.10	0.902 times
01 Thu Aug 2024	888.95	882.95	902.95	876.90	0.936 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 879.8 as stoploss in an intra day sell trade for a target of 842.54. However, stock will show a bullish move above 879.8.

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	642.55
Downside Target	695.00
Downside Target	760.50
Downside Target	778.00
Downside Target	799.25
Downside Target	825.00
Downside Target	848.65
Downside Target	857.95
Upside Target	883.20
Upside Target	909.30
Upside Target	934.70
Upside Target	957.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	832.73
Downside Intraday Target	792.02
Upside Intraday Target	924.43
Upside Intraday Target	975.42
Upside Intraday Target	883.72

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	873.45	848.05	934.70	843.00	1.086 times
09 Fri Aug 2024	857.95	858.00	883.20	799.25	0.657 times
02 Fri Aug 2024	872.70	840.00	909.30	830.00	1.816 times
26 Fri Jul 2024	833.45	773.00	839.00	760.50	1.213 times
19 Fri Jul 2024	785.15	845.05	857.95	780.20	0.239 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
14 Wed Aug 2024	873.45	882.95	934.70	799.25	0.2 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
31 Fri May 2024	718.45	764.00	778.00	698.30	0.542 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 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 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 Strong and stock is losing momentum.

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

Nelco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.

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 869.67 and Nelco (NELCO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.