Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-07 View latest technical analysis

10 day averaged volume of Nidan Labs is 33100

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	33.35	32.60	33.40	31.65	1.48 times
06 Tue Aug 2024	32.15	33.20	34.30	32.15	0.785 times
05 Mon Aug 2024	32.50	33.50	34.20	32.00	0.363 times
02 Fri Aug 2024	34.20	34.00	35.00	34.00	0.363 times
01 Thu Aug 2024	35.00	34.85	35.40	34.55	0.483 times
31 Wed Jul 2024	35.10	33.00	36.10	33.00	1.269 times
30 Tue Jul 2024	34.10	34.85	35.35	34.00	1.088 times
29 Mon Jul 2024	34.85	34.50	36.20	34.50	0.785 times
26 Fri Jul 2024	35.20	35.30	35.70	34.60	1.118 times
25 Thu Jul 2024	35.30	36.50	36.50	33.60	2.266 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 33.2 as stoploss in an intra day buy trade for a target of 34.18. However, stock will show a bearish move below 33.2.

Share price targets for Nidan Labs (NIDAN_SM)

Target Type	Value
Downside Target	27.15
Downside Target	28.00
Downside Target	29.30
Downside Target	31.65
Downside Target	32.55
Upside Target	34.30
Upside Target	35.40
Upside Target	36.20
Upside Target	36.50
Upside Target	37.50
Upside Target	38.45
Upside Target	39.20
Upside Target	41.15

Intraday share price targets for Nidan Labs (NIDAN_SM)

Target Type	Value
Downside Intraday Target	31.9
Downside Intraday Target	30.45
Upside Intraday Target	34.55
Upside Intraday Target	35.75
Downside Intraday Target	33.1

Weekly technical analysis of Nidan Labs (NIDAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	33.35	33.50	34.30	31.65	0.659 times
02 Fri Aug 2024	34.20	34.50	36.20	33.00	0.663 times
26 Fri Jul 2024	35.20	33.50	36.50	32.55	2.519 times
19 Fri Jul 2024	33.50	34.70	35.45	33.10	0.516 times
12 Fri Jul 2024	34.70	36.75	37.50	33.35	0.372 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
07 Wed Aug 2024	33.35	34.85	35.40	31.65	0.122 times
31 Wed Jul 2024	35.10	38.40	39.20	32.55	0.724 times
28 Fri Jun 2024	37.15	33.85	38.45	28.00	0.68 times
31 Fri May 2024	33.85	29.30	41.15	29.30	4.07 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 moving up

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 34.41 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.