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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 2024-06-06 View latest technical analysis

10 day averaged volume of Nidan Labs is 43800

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	32.15	33.45	33.45	31.60	0.434 times
05 Wed Jun 2024	31.35	31.00	31.90	30.10	0.616 times
04 Tue Jun 2024	29.35	32.50	33.00	28.00	1.826 times
03 Mon Jun 2024	32.65	33.85	33.85	32.20	0.251 times
31 Fri May 2024	33.85	34.10	35.50	33.20	0.731 times
30 Thu May 2024	34.15	34.55	34.55	34.00	0.457 times
29 Wed May 2024	35.15	33.40	36.00	32.60	1.393 times
28 Tue May 2024	33.10	34.40	34.40	32.55	0.913 times
27 Mon May 2024	34.40	33.80	34.90	32.55	1.027 times
24 Fri May 2024	33.40	33.50	33.90	31.15	2.032 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.4, but if it comes above 32.4, then a intra day buy could be more profitable.
If you take a sell trade below 32.4, then use 32.4 as stoploss and 30.4 as target. However if you take a buy trade in stock , then use 32.4 as stoploss and 33.99 as target.

Share price targets for Nidan Labs (NIDAN_SM)

Target Type	Value
Downside Target	27.00
Downside Target	28.00
Downside Target	29.30
Downside Target	31.00
Upside Target	32.40
Upside Target	33.85
Upside Target	34.20
Upside Target	36.00
Upside Target	36.50
Upside Target	37.40
Upside Target	38.35
Upside Target	41.15

Intraday share price targets for Nidan Labs (NIDAN_SM)

Target Type	Value
Downside Intraday Target	28.82
Downside Intraday Target	25.48
Upside Intraday Target	34.67
Upside Intraday Target	37.18
Downside Intraday Target	31.33

Weekly technical analysis of Nidan Labs (NIDAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	32.15	33.85	33.85	28.00	0.692 times
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

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
06 Thu Jun 2024	32.15	33.85	33.85	28.00	0.071 times
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

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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

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. 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 moving up

CCI has generated a buy signal for Nidan Labs in short term but BUY signal is weak.

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 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 32.83 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.