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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 2024-11-06 View latest technical analysis

10 day averaged volume of Nitco is 436925

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	119.36	116.55	119.36	115.20	0.173 times
05 Tue Nov 2024	117.02	117.02	117.02	117.02	0.188 times
04 Mon Nov 2024	119.41	123.40	124.00	117.23	0.415 times
01 Fri Nov 2024	123.40	124.50	124.74	122.00	0.638 times
31 Thu Oct 2024	120.03	114.20	120.03	112.15	1.45 times
30 Wed Oct 2024	114.32	111.75	114.32	107.00	0.81 times
29 Tue Oct 2024	108.88	107.01	111.94	105.51	0.814 times
28 Mon Oct 2024	106.62	103.00	106.62	103.00	0.288 times
25 Fri Oct 2024	101.55	107.00	108.70	101.00	1.284 times
24 Thu Oct 2024	105.74	107.80	112.80	103.65	1.462 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 116, but if it comes below 116, then a intra day sell could be more profitable.
If you take a sell trade below 116, then use 116 as stoploss and 94.58 as target. However if you take a buy trade in stock , then use 116 as stoploss and 141.6 as target.

Share price targets for Nitco (NITCO_BE)

Target Type	Value
Downside Target	58.15
Downside Target	64.90
Downside Target	69.05
Downside Target	75.35
Downside Target	80.28
Downside Target	82.00
Downside Target	101.00
Downside Target	115.00
Downside Target	115.20
Upside Target	120.03
Upside Target	124.00
Upside Target	124.74

Intraday share price targets for Nitco (NITCO_BE)

Target Type	Value
Downside Intraday Target	115.04
Downside Intraday Target	110.72
Upside Intraday Target	123.84
Upside Intraday Target	128.32
Upside Intraday Target	119.52

Weekly technical analysis of Nitco (NITCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	119.36	123.40	124.00	115.20	0.194 times
01 Fri Nov 2024	123.40	103.00	124.74	103.00	0.741 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

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 Nitco (NITCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	119.36	124.50	124.74	115.20	0.161 times
31 Thu Oct 2024	120.03	108.83	120.03	101.00	2.462 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

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 Nitco (NITCO_BE)

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 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 Nitco ( (NITCO_BE) ) based on a short to mid 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 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 tired and bears are picking up momentum.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 111.93 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.