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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 2024-09-06 View latest technical analysis

10 day averaged volume of Nelco is 383739

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	1234.85	1292.40	1296.95	1222.00	0.585 times
05 Thu Sep 2024	1291.80	1244.90	1335.00	1222.50	0.977 times
04 Wed Sep 2024	1235.00	1219.95	1250.75	1213.15	0.23 times
03 Tue Sep 2024	1237.65	1205.00	1271.00	1204.95	0.535 times
02 Mon Sep 2024	1198.20	1232.45	1234.65	1186.80	0.402 times
30 Fri Aug 2024	1222.45	1228.90	1284.90	1192.10	0.633 times
29 Thu Aug 2024	1228.90	1268.00	1290.85	1212.80	0.584 times
28 Wed Aug 2024	1268.00	1270.00	1320.00	1250.00	1.347 times
27 Tue Aug 2024	1279.30	1130.70	1320.00	1130.00	3.549 times
26 Mon Aug 2024	1125.10	1138.00	1168.00	1116.00	0.571 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 1259.5 as stoploss in an intra day sell trade for a target of 1104.67. However, stock will show a bullish move above 1259.5.

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	642.55
Downside Target	698.30
Downside Target	760.50
Downside Target	778.00
Downside Target	799.25
Downside Target	825.00
Downside Target	843.00
Downside Target	883.20
Downside Target	906.00
Downside Target	934.70
Downside Target	957.00
Downside Target	1116.00
Downside Target	1186.80
Downside Target	1219.00
Upside Target	1320.00
Upside Target	1335.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	1169.43
Downside Intraday Target	1104.02
Upside Intraday Target	1317.63
Upside Intraday Target	1400.42
Upside Intraday Target	1252.22

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	1234.85	1232.45	1335.00	1186.80	0.408 times
30 Fri Aug 2024	1222.45	1138.00	1320.00	1116.00	0.381 times
23 Fri Aug 2024	1138.00	913.65	1219.00	906.00	6.725 times
16 Fri Aug 2024	907.80	848.05	934.70	843.00	1.288 times
09 Fri Aug 2024	857.95	858.00	883.20	799.25	0.657 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
06 Fri Sep 2024	1234.85	1232.45	1335.00	1186.80	0.092 times
30 Fri Aug 2024	1222.45	882.95	1320.00	799.25	1.152 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 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 1253 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 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.