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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 2024-05-31 View latest technical analysis

10 day averaged volume of Nidan Labs is 36000

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	33.85	34.10	35.50	33.20	0.889 times
30 Thu May 2024	34.15	34.55	34.55	34.00	0.556 times
29 Wed May 2024	35.15	33.40	36.00	32.60	1.694 times
28 Tue May 2024	33.10	34.40	34.40	32.55	1.111 times
27 Mon May 2024	34.40	33.80	34.90	32.55	1.25 times
24 Fri May 2024	33.40	33.50	33.90	31.15	2.472 times
23 Thu May 2024	34.75	34.65	36.50	33.60	0.917 times
22 Wed May 2024	34.65	34.15	36.50	34.15	0.639 times
21 Tue May 2024	34.50	35.10	35.10	34.50	0.222 times
18 Sat May 2024	35.10	34.75	35.75	34.00	0.333 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 33.5 as stoploss in an intra day buy trade for a target of 34.94. However, stock will show a bearish move below 33.5.

Share price targets for Nidan Labs (NIDAN_SM)

Target Type	Value
Downside Target	27.00
Downside Target	29.20
Downside Target	31.00
Downside Target	32.40
Upside Target	34.20
Upside Target	36.00
Upside Target	36.50
Upside Target	37.40
Upside Target	38.35
Upside Target	40.80
Upside Target	41.15

Intraday share price targets for Nidan Labs (NIDAN_SM)

Target Type	Value
Downside Intraday Target	32.27
Downside Intraday Target	30.68
Upside Intraday Target	35.72
Upside Intraday Target	37.58
Upside Intraday Target	34.13

Weekly technical analysis of Nidan Labs (NIDAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	33.85	33.80	36.00	32.55	1.294 times
24 Fri May 2024	33.40	35.10	36.50	31.15	0.445 times
18 Sat May 2024	35.10	34.30	38.35	32.40	0.34 times
10 Fri May 2024	35.30	32.95	41.15	31.00	4.238 times
03 Fri May 2024	31.75	30.50	34.40	29.20	1.278 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 Nidan Labs (NIDAN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	33.85	29.30	41.15	29.30	4.07 times
30 Tue Apr 2024	29.30	27.15	32.95	27.15	0.515 times
28 Thu Mar 2024	27.05	34.15	34.20	27.00	1.314 times
29 Thu Feb 2024	33.75	36.20	37.40	33.05	0.462 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 Nidan Labs (NIDAN_SM)

Price action analysis of Nidan Labs ( (NIDAN_SM) ) 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 Nidan Labs ( (NIDAN_SM) ) 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 Nidan Labs ( (NIDAN_SM) ) 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 Nidan Labs ( (NIDAN_SM) ) 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 Nidan Labs stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Nidan Labs 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. Bulls 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 Nidan Labs 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nidan Labs is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.15 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 positive

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