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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 2024-12-27 View latest technical analysis

10 day averaged volume of Nelco is 234965

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	1273.30	1291.40	1313.55	1265.00	0.375 times
26 Thu Dec 2024	1283.65	1339.90	1339.90	1275.95	0.578 times
24 Tue Dec 2024	1341.40	1312.50	1391.00	1278.00	0.798 times
23 Mon Dec 2024	1300.75	1349.05	1375.00	1281.00	0.447 times
20 Fri Dec 2024	1325.60	1414.90	1426.95	1317.45	0.623 times
19 Thu Dec 2024	1407.70	1377.00	1421.80	1361.50	0.606 times
18 Wed Dec 2024	1390.10	1438.50	1449.40	1361.70	0.484 times
17 Tue Dec 2024	1438.75	1436.30	1465.55	1407.90	0.621 times
16 Mon Dec 2024	1430.65	1445.90	1502.75	1420.10	1.163 times
13 Fri Dec 2024	1436.55	1455.00	1472.40	1411.10	1.436 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 1227 as stoploss in an intra day buy trade for a target of 1323.7. However, stock will show a bearish move below 1227.

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	1265.00
Upside Target	1317.45
Upside Target	1335.00
Upside Target	1349.00
Upside Target	1391.00
Upside Target	1495.00
Upside Target	1502.75

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	1228.53
Downside Intraday Target	1183.77
Upside Intraday Target	1354.53
Upside Intraday Target	1435.77
Upside Intraday Target	1309.77

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	1273.30	1349.05	1391.00	1265.00	0.628 times
20 Fri Dec 2024	1325.60	1445.90	1502.75	1317.45	0.374 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

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
27 Fri Dec 2024	1273.30	1053.00	1502.75	1053.00	3.131 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 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 short to mid 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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1380.34 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.