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

(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 2024-11-25 View latest technical analysis

10 day averaged volume of Nitco is 137133

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	120.68	120.68	120.68	120.68	0.168 times
22 Fri Nov 2024	118.32	118.32	118.32	118.32	0.651 times
21 Thu Nov 2024	116.00	116.99	116.99	116.00	1.47 times
19 Tue Nov 2024	114.70	113.50	114.75	113.50	1.887 times
18 Mon Nov 2024	112.50	113.00	113.00	111.54	0.972 times
14 Thu Nov 2024	113.82	111.50	113.82	109.35	2.095 times
13 Wed Nov 2024	111.59	111.59	111.59	111.59	0.77 times
12 Tue Nov 2024	113.87	115.03	115.03	113.87	0.313 times
11 Mon Nov 2024	116.20	117.00	117.00	116.20	0.497 times
08 Fri Nov 2024	118.58	119.00	119.00	118.58	0.393 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 120.6, but if it comes below 120.6, then a intra day sell could be more profitable.
If you take a sell trade below 120.6, then use 120.6 as stoploss and 115.39 as target. However if you take a buy trade in stock , then use 120.6 as stoploss and 126.8 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	80.28
Downside Target	82.00
Downside Target	101.00
Downside Target	109.35
Downside Target	111.54
Downside Target	115.20
Downside Target	120.68
Upside Target	124.00
Upside Target	124.74

Intraday share price targets for Nitco (NITCO_BE)

Target Type	Value
Downside Intraday Target	120.68
Downside Intraday Target	120.68
Downside Intraday Target	120.68
Downside Intraday Target	120.68
Downside Intraday Target	120.68

Weekly technical analysis of Nitco (NITCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	120.68	120.68	120.68	120.68	0.034 times
22 Fri Nov 2024	118.32	113.00	118.32	111.54	1.355 times
14 Thu Nov 2024	113.82	117.00	117.00	109.35	0.963 times
08 Fri Nov 2024	118.58	123.40	124.00	115.20	0.299 times
01 Fri Nov 2024	123.40	103.00	124.74	103.00	0.741 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
25 Mon Nov 2024	120.68	124.50	124.74	109.35	0.526 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 up 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 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 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 SELL signal for Nitco in short term but the sell signal is initial and weak.

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 114.8 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 falling down

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 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.