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

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

Nelco trades in NSE in IT Networking Equipment sector.

Showing technical analysis as on 2024-11-14 View latest technical analysis

10 day averaged volume of Nelco is 91712

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	886.35	891.95	919.85	871.60	1.843 times
13 Wed Nov 2024	875.45	914.00	919.00	870.55	0.887 times
12 Tue Nov 2024	914.70	950.00	964.30	910.00	0.788 times
11 Mon Nov 2024	943.45	955.00	972.90	936.05	0.897 times
08 Fri Nov 2024	961.10	988.20	1020.00	956.00	1.976 times
07 Thu Nov 2024	988.20	1009.80	1045.00	984.00	1.489 times
06 Wed Nov 2024	1005.75	934.00	1024.00	922.00	2.085 times
05 Tue Nov 2024	920.20	892.05	930.60	892.05	0.601 times
04 Mon Nov 2024	897.60	927.25	927.25	881.00	0.648 times
01 Fri Nov 2024	927.25	926.25	945.75	922.00	0.228 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 879.2 as stoploss in an intra day buy trade for a target of 918.95. However, stock will show a bearish move below 879.2.

Share price targets for Nelco (NELCO)

Target Type	Value
Downside Target	760.50
Downside Target	799.25
Downside Target	840.00
Downside Target	870.55
Upside Target	939.10
Upside Target	1012.35
Upside Target	1018.80
Upside Target	1026.90
Upside Target	1045.00
Upside Target	1070.00
Upside Target	1320.00
Upside Target	1335.00

Intraday share price targets for Nelco (NELCO)

Target Type	Value
Downside Intraday Target	846.97
Downside Intraday Target	807.58
Upside Intraday Target	949.32
Upside Intraday Target	1012.28
Upside Intraday Target	909.93

Weekly technical analysis of Nelco (NELCO)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	886.35	955.00	972.90	870.55	0.649 times
08 Fri Nov 2024	961.10	927.25	1045.00	881.00	2.706 times
01 Fri Nov 2024	927.25	866.80	945.75	840.00	0.324 times
25 Fri Oct 2024	861.20	979.90	1018.80	841.50	2.136 times
18 Fri Oct 2024	969.65	1010.25	1026.90	939.10	0.56 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 Nelco (NELCO)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	886.35	926.25	1045.00	870.55	0.477 times
31 Thu Oct 2024	917.65	1028.00	1070.00	840.00	0.679 times
30 Mon Sep 2024	1027.95	1232.45	1335.00	1012.35	0.283 times
30 Fri Aug 2024	1222.45	882.95	1320.00	799.25	1.152 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 Nelco (NELCO)

Price action analysis of Nelco ( (NELCO) ) 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 Nelco ( (NELCO) ) 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 Nelco ( (NELCO) ) 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 Nelco ( (NELCO) ) based on a mid to longer 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.

ADX buy sell signal for Nelco stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Nelco in short term and the sell signal is strong.

Nelco 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 buy signal for Nelco in short term but BUY signal is weak.

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 Nelco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 943.08 and Nelco (NELCO) 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 Nelco (NELCO) stock. Volume based technical analysis of Nelco (NELCO) stock is negative.

Nelco 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.