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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 2024-08-16 View latest technical analysis

10 day averaged volume of Nidan Labs is 18000

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	33.00	33.95	34.00	32.50	0.667 times
14 Wed Aug 2024	33.40	33.00	34.00	33.00	0.778 times
13 Tue Aug 2024	33.00	34.85	34.85	32.90	0.667 times
12 Mon Aug 2024	33.25	33.20	33.60	33.05	0.556 times
09 Fri Aug 2024	33.20	34.00	34.00	33.20	0.278 times
08 Thu Aug 2024	34.00	33.50	34.50	33.50	1.333 times
07 Wed Aug 2024	33.35	32.60	33.40	31.65	2.722 times
06 Tue Aug 2024	32.15	33.20	34.30	32.15	1.444 times
05 Mon Aug 2024	32.50	33.50	34.20	32.00	0.667 times
02 Fri Aug 2024	34.20	34.00	35.00	34.00	0.667 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 32.8 as stoploss in an intra day buy trade for a target of 33.81. However, stock will show a bearish move below 32.8.

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	32.50
Upside Target	34.50
Upside Target	35.40
Upside Target	35.45
Upside Target	36.20
Upside Target	36.50
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	32.05
Downside Intraday Target	31.1
Upside Intraday Target	34.4
Upside Intraday Target	35.8
Upside Intraday Target	33.45

Weekly technical analysis of Nidan Labs (NIDAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	33.00	33.20	34.85	32.50	0.414 times
09 Fri Aug 2024	33.20	33.50	34.50	31.65	0.879 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

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
16 Fri Aug 2024	33.00	34.85	35.40	31.65	0.203 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 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 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 Weak 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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 33.21 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.