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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 2024-09-09 View latest technical analysis

10 day averaged volume of Nelco is 361256

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	1188.10	1232.95	1232.95	1170.00	0.315 times
06 Fri Sep 2024	1234.85	1292.40	1296.95	1222.00	0.621 times
05 Thu Sep 2024	1291.80	1244.90	1335.00	1222.50	1.038 times
04 Wed Sep 2024	1235.00	1219.95	1250.75	1213.15	0.244 times
03 Tue Sep 2024	1237.65	1205.00	1271.00	1204.95	0.569 times
02 Mon Sep 2024	1198.20	1232.45	1234.65	1186.80	0.427 times
30 Fri Aug 2024	1222.45	1228.90	1284.90	1192.10	0.673 times
29 Thu Aug 2024	1228.90	1268.00	1290.85	1212.80	0.62 times
28 Wed Aug 2024	1268.00	1270.00	1320.00	1250.00	1.431 times
27 Tue Aug 2024	1279.30	1130.70	1320.00	1130.00	3.77 times

My analysis of stock is bullish for shortterm, and stock might move up till 1266.1 or till 1440.1. Use a stoploss of 1121.18 and if this stock hits its stoploss, then it can fall down till 976.23

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	906.00
Downside Target	934.70
Downside Target	957.00
Downside Target	1116.00
Downside Target	1170.00
Upside Target	1219.00
Upside Target	1320.00
Upside Target	1335.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	1161.08
Downside Intraday Target	1134.07
Upside Intraday Target	1224.03
Upside Intraday Target	1259.97
Upside Intraday Target	1197.02

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	1188.10	1232.95	1232.95	1170.00	0.109 times
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

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
09 Mon Sep 2024	1188.10	1232.45	1335.00	1170.00	0.102 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 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 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 Strong 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 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 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 1258.89 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.