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(NELCO_BE) Nelco complete technical analysis [charts+indicators] | Buy/Sell Nelco | (NELCO_BE) share price targets

Complete technical analysis of Nelco (NELCO_BE) by charts plus indicators, forecast predictions and share price targets for Nelco (NELCO_BE)

10 day averaged volume of Nelco is 24399

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 615.60 611.05 625.00 606.25 0.879 times
04 Wed May 2022 624.55 645.00 654.90 619.00 1.07 times
02 Mon May 2022 640.50 632.20 659.00 630.00 0.92 times
29 Fri Apr 2022 657.95 684.35 688.00 652.00 1.104 times
28 Thu Apr 2022 684.35 687.50 699.00 662.00 0.868 times
27 Wed Apr 2022 685.20 697.00 701.00 679.00 1.616 times
26 Tue Apr 2022 714.70 721.95 732.00 700.00 0.691 times
25 Mon Apr 2022 707.50 743.80 743.80 705.70 1.108 times
22 Fri Apr 2022 742.80 765.00 774.50 740.00 1.015 times
21 Thu Apr 2022 744.45 713.90 744.45 700.00 0.92 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 612.2, for a target of 664.6 or 708.25

Share price targets for Nelco (NELCO_BE)

Target Type Value
Downside Target 606.25
Upside Target 640.00
Upside Target 685.00
Upside Target 735.00
Upside Target 743.80
Upside Target 750.00
Upside Target 774.50
Upside Target 787.95
Upside Target 798.90
Upside Target 844.00
Upside Target 898.00

Intraday share price targets for Nelco (NELCO_BE)

Target Type Value
Downside Intraday Target 594.9
Downside Intraday Target 574.2
Upside Intraday Target 647.65
Upside Intraday Target 679.7
Upside Intraday Target 626.95

Weekly technical analysis of Nelco (NELCO_BE)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 615.60 632.20 659.00 606.25 0.532 times
29 Fri Apr 2022 657.95 743.80 743.80 652.00 1.338 times
22 Fri Apr 2022 742.80 736.00 774.50 695.80 1.999 times
13 Wed Apr 2022 740.50 787.70 787.95 735.00 2.202 times
08 Fri Apr 2022 777.40 750.00 798.90 750.00 0.111 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_BE)

Date Monthly Closing Price Open High Low Volume
06 Fri May 2022 615.60 632.20 659.00 606.25 0.211 times
29 Fri Apr 2022 657.95 716.50 798.90 652.00 0.945 times
31 Thu Mar 2022 716.95 676.95 738.00 640.00 1.212 times
18 Fri Feb 2022 707.90 788.95 844.00 685.00 0.522 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_BE)

Price action analysis of Nelco ( (NELCO_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Nelco in short term and the sell signal is strong.

Nelco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 681.28 and Nelco (NELCO_BE) 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_BE) stock. Volume based technical analysis of Nelco (NELCO_BE) 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.

Price action analysis of Nelco ( (NELCO_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Nelco in short term and the sell signal is strong.

Nelco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 681.28 and Nelco (NELCO_BE) 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_BE) stock. Volume based technical analysis of Nelco (NELCO_BE) 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.

Click here for Nelco charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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