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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 2024-12-18 View latest technical analysis

10 day averaged volume of Nelco is 399687

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	1390.10	1438.50	1449.40	1361.70	0.285 times
17 Tue Dec 2024	1438.75	1436.30	1465.55	1407.90	0.365 times
16 Mon Dec 2024	1430.65	1445.90	1502.75	1420.10	0.684 times
13 Fri Dec 2024	1436.55	1455.00	1472.40	1411.10	0.844 times
12 Thu Dec 2024	1463.90	1387.00	1495.00	1360.00	1.907 times
11 Wed Dec 2024	1378.85	1359.80	1398.80	1332.00	0.588 times
10 Tue Dec 2024	1359.75	1339.40	1390.00	1318.90	0.999 times
09 Mon Dec 2024	1331.55	1280.30	1364.95	1274.70	1.164 times
06 Fri Dec 2024	1270.15	1250.85	1281.40	1228.55	0.49 times
05 Thu Dec 2024	1239.25	1300.00	1306.65	1221.00	0.792 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 1405.1 as stoploss in an intra day sell trade for a target of 1221.34. However, stock will show a bullish move above 1405.1.

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	799.25
Downside Target	840.00
Downside Target	864.80
Downside Target	953.00
Downside Target	1012.35
Downside Target	1053.00
Downside Target	1274.70
Downside Target	1320.00
Downside Target	1335.00
Downside Target	1349.00
Downside Target	1361.70
Upside Target	1495.00
Upside Target	1502.75

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	1333.62
Downside Intraday Target	1277.13
Upside Intraday Target	1474.67
Upside Intraday Target	1559.23
Upside Intraday Target	1418.18

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	1390.10	1445.90	1502.75	1361.70	0.242 times
13 Fri Dec 2024	1436.55	1280.30	1495.00	1274.70	0.556 times
06 Fri Dec 2024	1270.15	1053.00	1349.00	1053.00	4.764 times
29 Fri Nov 2024	1040.85	953.00	1057.95	953.00	1.618 times
22 Fri Nov 2024	960.55	890.10	965.00	864.80	1.267 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
18 Wed Dec 2024	1390.10	1053.00	1502.75	1053.00	2.795 times
29 Fri Nov 2024	1040.85	926.25	1057.95	864.80	1.087 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 1382.96 and Nelco (NELCO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.