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(NITCO_BE) Nitco complete technical analysis [charts+indicators] | Buy/Sell Nitco | (NITCO_BE) share price targets

Complete technical analysis of Nitco (NITCO_BE) by charts plus indicators, forecast predictions and share price targets for Nitco (NITCO_BE)

Showing technical analysis as on 2024-10-29 View latest technical analysis

10 day averaged volume of Nitco is 336806

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	108.88	107.01	111.94	105.51	1.056 times
28 Mon Oct 2024	106.62	103.00	106.62	103.00	0.373 times
25 Fri Oct 2024	101.55	107.00	108.70	101.00	1.665 times
24 Thu Oct 2024	105.74	107.80	112.80	103.65	1.896 times
23 Wed Oct 2024	108.84	108.83	115.00	108.83	3.44 times
14 Fri Jun 2024	80.28	80.28	80.28	80.28	0.149 times
13 Thu Jun 2024	76.46	72.82	76.46	72.82	0.578 times
12 Wed Jun 2024	72.82	72.98	74.75	69.15	0.613 times
11 Tue Jun 2024	71.88	71.73	73.98	71.00	0.463 times
10 Mon Jun 2024	71.73	71.70	73.90	69.50	0.368 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 114.1, for a target of 95.8 or 80.61

Share price targets for Nitco (NITCO_BE)

Target Type	Value
Downside Target	50.70
Downside Target	58.15
Downside Target	64.90
Downside Target	69.05
Downside Target	74.80
Downside Target	80.28
Downside Target	82.00
Downside Target	101.00
Downside Target	103.00
Upside Target	111.94
Upside Target	115.00

Intraday share price targets for Nitco (NITCO_BE)

Target Type	Value
Downside Intraday Target	103.94
Downside Intraday Target	99
Upside Intraday Target	112.88
Upside Intraday Target	116.88
Downside Intraday Target	107.94

Weekly technical analysis of Nitco (NITCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	108.88	103.00	111.94	103.00	0.204 times
25 Fri Oct 2024	101.55	108.83	115.00	101.00	3.227 times
14 Fri Jun 2024	80.28	71.70	80.28	69.15	0.887 times
07 Fri Jun 2024	71.70	75.35	75.35	64.90	3.014 times
31 Fri May 2024	71.80	74.80	74.80	69.05	2.676 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 Nitco (NITCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	108.88	108.83	115.00	101.00	1.827 times
14 Fri Jun 2024	80.28	75.35	80.28	64.90	0.566 times
31 Fri May 2024	71.80	70.90	82.00	69.05	1.187 times
30 Tue Apr 2024	69.55	58.70	69.55	58.15	0.465 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 Nitco (NITCO_BE)

Price action analysis of Nitco ( (NITCO_BE) ) 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 Nitco ( (NITCO_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nitco ( (NITCO_BE) ) based on a short to mid 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 Nitco ( (NITCO_BE) ) 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 Nitco stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nitco in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nitco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Nitco in short term and BUY 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Nitco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 99.92 and Nitco (NITCO_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Nitco (NITCO_BE) stock. Volume based technical analysis of Nitco (NITCO_BE) stock is negative.

Nitco Stock is giving positive 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.