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 2024-10-15 View latest technical analysis

10 day averaged volume of Nelco is 120206

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	995.15	1011.00	1017.95	990.00	0.428 times
14 Mon Oct 2024	1004.00	1010.25	1026.90	992.10	0.845 times
11 Fri Oct 2024	1002.25	1006.60	1022.40	990.00	0.526 times
10 Thu Oct 2024	1006.60	991.55	1042.00	991.50	1.088 times
09 Wed Oct 2024	996.15	1011.65	1031.65	981.80	1.075 times
08 Tue Oct 2024	1001.65	930.85	1020.05	930.85	1.186 times
07 Mon Oct 2024	945.00	989.25	989.25	925.05	1.079 times
04 Fri Oct 2024	973.35	1004.95	1015.95	970.00	1.082 times
03 Thu Oct 2024	1001.20	1022.00	1042.10	996.50	0.822 times
01 Tue Oct 2024	1044.80	1028.00	1070.00	1017.95	1.012 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 988.4 as stoploss in an intra day buy trade for a target of 1039.3. However, stock will show a bearish move below 988.4.

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	642.55
Downside Target	760.50
Downside Target	799.25
Downside Target	825.00
Downside Target	925.05
Downside Target	957.00
Downside Target	990.00
Upside Target	1012.35
Upside Target	1070.00
Upside Target	1141.80
Upside Target	1243.90
Upside Target	1320.00
Upside Target	1335.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	981.13
Downside Intraday Target	967.12
Upside Intraday Target	1018.03
Upside Intraday Target	1040.92
Upside Intraday Target	1004.02

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	995.15	1010.25	1026.90	990.00	0.257 times
11 Fri Oct 2024	1002.25	989.25	1042.00	925.05	1.178 times
04 Fri Oct 2024	973.35	1046.00	1070.00	970.00	0.514 times
27 Fri Sep 2024	1044.60	1061.00	1141.80	1038.45	1.743 times
20 Fri Sep 2024	1062.05	1238.65	1243.90	1048.75	1.145 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
15 Tue Oct 2024	995.15	1028.00	1070.00	925.05	0.339 times
30 Mon Sep 2024	1027.95	1232.45	1335.00	1012.35	0.283 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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Nelco in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 996.24 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.