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(NIDAN_SM) Nidan Labs complete technical analysis [charts+indicators] | Buy/Sell Nidan Labs | (NIDAN_SM) share price targets

Complete technical analysis of Nidan Labs (NIDAN_SM) by charts plus indicators, forecast predictions and share price targets for Nidan Labs (NIDAN_SM)

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Nidan Labs is 23100

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	33.00	33.30	33.40	32.65	1.212 times
01 Fri Mar 2024	33.50	34.15	34.20	33.50	0.909 times
29 Thu Feb 2024	33.75	33.15	33.75	33.15	0.173 times
28 Wed Feb 2024	33.80	34.00	34.25	33.05	0.693 times
27 Tue Feb 2024	34.25	34.60	35.00	34.00	1.818 times
26 Mon Feb 2024	34.70	34.75	35.00	34.45	1.342 times
23 Fri Feb 2024	34.80	35.20	35.20	34.65	0.779 times
22 Thu Feb 2024	35.20	35.00	35.30	34.50	0.693 times
21 Wed Feb 2024	35.00	35.50	36.60	35.00	1.688 times
20 Tue Feb 2024	35.55	35.35	35.80	34.75	1.169 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 33, for a target of 34 or 34.79

Share price targets for Nidan Labs (NIDAN_SM)

Target Type	Value
Downside Target	31.30
Downside Target	32.65
Upside Target	34.50
Upside Target	35.00
Upside Target	35.20
Upside Target	35.80
Upside Target	36.60
Upside Target	36.70
Upside Target	36.75
Upside Target	37.40
Upside Target	40.80

Intraday share price targets for Nidan Labs (NIDAN_SM)

Target Type	Value
Downside Intraday Target	32.63
Downside Intraday Target	32.27
Upside Intraday Target	33.38
Upside Intraday Target	33.77
Upside Intraday Target	33.02

Weekly technical analysis of Nidan Labs (NIDAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	33.00	33.30	33.40	32.65	0.246 times
01 Fri Mar 2024	33.50	34.75	35.00	33.05	0.974 times
23 Fri Feb 2024	34.80	35.35	36.60	34.50	0.873 times
16 Fri Feb 2024	35.35	35.35	35.80	34.00	0.479 times
09 Fri Feb 2024	35.35	36.15	36.70	34.20	1.279 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 Nidan Labs (NIDAN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	33.00	34.15	34.20	32.65	0.07 times
29 Thu Feb 2024	33.75	36.20	37.40	33.05	0.462 times
31 Wed Jan 2024	36.75	33.80	40.80	33.05	3.536 times
29 Fri Dec 2023	33.30	33.95	35.20	32.80	0.726 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 Nidan Labs (NIDAN_SM)

Price action analysis of Nidan Labs ( (NIDAN_SM) ) 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 Nidan Labs ( (NIDAN_SM) ) 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 Nidan Labs ( (NIDAN_SM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nidan Labs stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Nidan Labs 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nidan Labs in short term and SELL signal is strong!

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 Nidan Labs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.43 and Nidan Labs (NIDAN_SM) 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 Nidan Labs (NIDAN_SM) stock. Volume based technical analysis of Nidan Labs (NIDAN_SM) stock is negative.

Nidan Labs 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.