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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 2025-01-02 View latest technical analysis

10 day averaged volume of Nelco is 135108

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	1357.25	1361.90	1380.00	1330.50	1.19 times
01 Wed Jan 2025	1352.70	1267.85	1370.05	1260.00	1.513 times
31 Tue Dec 2024	1262.25	1253.55	1283.80	1229.30	0.589 times
30 Mon Dec 2024	1254.25	1279.70	1287.00	1224.00	1.096 times
27 Fri Dec 2024	1273.30	1291.40	1313.55	1265.00	0.653 times
26 Thu Dec 2024	1283.65	1339.90	1339.90	1275.95	1.005 times
24 Tue Dec 2024	1341.40	1312.50	1391.00	1278.00	1.387 times
23 Mon Dec 2024	1300.75	1349.05	1375.00	1281.00	0.778 times
20 Fri Dec 2024	1325.60	1414.90	1426.95	1317.45	1.084 times
19 Thu Dec 2024	1407.70	1377.00	1421.80	1361.50	1.054 times

My analysis of stock is bullish for shortterm, and stock might move up till 1411.8 or till 1492.1. Use a stoploss of 1344.92 and if this stock hits its stoploss, then it can fall down till 1278.03

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	840.00
Downside Target	864.80
Downside Target	1012.35
Downside Target	1053.00
Downside Target	1224.00
Downside Target	1260.00
Downside Target	1317.45
Upside Target	1380.00
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	1260.83
Downside Intraday Target	1164.42
Upside Intraday Target	1416.83
Upside Intraday Target	1476.42
Downside Intraday Target	1320.42

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	1357.25	1279.70	1380.00	1224.00	1.148 times
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

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
02 Thu Jan 2025	1357.25	1267.85	1380.00	1260.00	0.047 times
31 Tue Dec 2024	1262.25	1053.00	1502.75	1053.00	3.226 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

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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nelco in short term but the sell 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 green color and prices are above the green 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

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 1323.28 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 positive

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