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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 2024-11-01 View latest technical analysis

10 day averaged volume of Nelco is 97228

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	927.25	926.25	945.75	922.00	0.215 times
31 Thu Oct 2024	917.65	905.00	925.00	902.65	0.378 times
30 Wed Oct 2024	909.65	883.40	923.00	875.05	0.737 times
29 Tue Oct 2024	874.65	883.40	883.40	858.75	0.382 times
28 Mon Oct 2024	878.40	866.80	884.00	840.00	0.658 times
25 Fri Oct 2024	861.20	885.05	891.80	841.50	1.02 times
24 Thu Oct 2024	883.90	914.15	915.15	882.00	0.416 times
23 Wed Oct 2024	909.80	915.00	928.65	873.20	1.061 times
22 Tue Oct 2024	893.10	930.00	938.00	876.15	3.09 times
21 Mon Oct 2024	960.90	979.90	1018.80	950.00	1.738 times

My analysis of stock is bearish for shortterm, and stock might move down till 895.3 or till 835.9. Use a stoploss of 944.84 and if the stock hits stoploss, then it can shoot up till 994.35

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	760.50
Downside Target	799.25
Downside Target	840.00
Downside Target	922.00
Upside Target	1012.35
Upside Target	1018.80
Upside Target	1026.90
Upside Target	1042.00
Upside Target	1070.00
Upside Target	1320.00
Upside Target	1335.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	862.92
Downside Intraday Target	798.58
Upside Intraday Target	968.67
Upside Intraday Target	1010.08
Downside Intraday Target	904.33

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	927.25	866.80	945.75	840.00	0.324 times
25 Fri Oct 2024	861.20	979.90	1018.80	841.50	2.136 times
18 Fri Oct 2024	969.65	1010.25	1026.90	939.10	0.56 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

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
01 Fri Nov 2024	927.25	926.25	945.75	922.00	0.01 times
31 Thu Oct 2024	917.65	1028.00	1070.00	840.00	0.679 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

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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Nelco stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Nelco in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nelco in short term and BUY 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

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 904.58 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 negative.

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