Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-17 View latest technical analysis

10 day averaged volume of Nelco is 147185

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	1149.45	1196.90	1197.00	1141.00	0.579 times
16 Mon Sep 2024	1189.40	1238.65	1243.90	1181.00	0.587 times
13 Fri Sep 2024	1231.90	1219.90	1278.40	1219.90	1.153 times
12 Thu Sep 2024	1205.35	1197.00	1224.95	1188.15	0.368 times
11 Wed Sep 2024	1194.65	1209.05	1224.95	1186.10	0.353 times
10 Tue Sep 2024	1215.50	1189.95	1237.00	1189.90	0.697 times
09 Mon Sep 2024	1188.10	1232.95	1232.95	1170.00	0.774 times
06 Fri Sep 2024	1234.85	1292.40	1296.95	1222.00	1.524 times
05 Thu Sep 2024	1291.80	1244.90	1335.00	1222.50	2.549 times
04 Wed Sep 2024	1235.00	1219.95	1250.75	1213.15	0.599 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1161.8, but if it comes above 1161.8, then a intra day buy could be more profitable.
If you take a sell trade below 1161.8, then use 1161.8 as stoploss and 1107.2 as target. However if you take a buy trade in stock , then use 1161.8 as stoploss and 1207.27 as target.

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	906.00
Downside Target	957.00
Downside Target	1116.00
Downside Target	1141.00
Upside Target	1170.00
Upside Target	1219.00
Upside Target	1243.90
Upside Target	1278.40
Upside Target	1320.00
Upside Target	1335.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	1112.33
Downside Intraday Target	1075.22
Upside Intraday Target	1215.23
Upside Intraday Target	1281.02
Upside Intraday Target	1178.12

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	1149.45	1238.65	1243.90	1141.00	0.349 times
13 Fri Sep 2024	1231.90	1232.95	1278.40	1170.00	0.47 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

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
17 Tue Sep 2024	1149.45	1232.45	1335.00	1141.00	0.15 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 getting stronger in this stock.

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 1233.86 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.