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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 2024-04-30 View latest technical analysis

10 day averaged volume of Nitco is 47179

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	69.55	69.55	69.55	69.55	1.705 times
29 Mon Apr 2024	68.20	68.20	68.20	68.20	0.774 times
26 Fri Apr 2024	66.90	66.90	66.90	66.90	0.255 times
25 Thu Apr 2024	65.60	65.60	65.60	65.60	0.35 times
24 Wed Apr 2024	64.35	64.35	64.35	64.35	0.23 times
23 Tue Apr 2024	63.10	63.10	63.10	63.10	0.248 times
22 Mon Apr 2024	61.90	61.90	61.90	61.90	1.185 times
19 Fri Apr 2024	60.70	60.70	60.70	60.70	3.205 times
18 Thu Apr 2024	59.55	58.40	59.55	58.40	1.235 times
16 Tue Apr 2024	58.40	58.30	58.50	58.15	1.695 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 69.7, for a target of 66 or 62.89

Share price targets for Nitco (NITCO_BE)

Target Type	Value
Downside Target	26.75
Downside Target	31.20
Downside Target	33.95
Downside Target	45.55
Downside Target	50.70
Downside Target	58.15
Downside Target	60.50
Downside Target	66.90
Downside Target	67.05
Downside Target	67.40
Downside Target	68.20
Downside Target	69.55
Upside Target	69.65

Intraday share price targets for Nitco (NITCO_BE)

Target Type	Value
Downside Intraday Target	68.65
Downside Intraday Target	67.75
Upside Intraday Target	70
Upside Intraday Target	70.45
Downside Intraday Target	69.1

Weekly technical analysis of Nitco (NITCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	69.55	68.20	69.55	68.20	1.093 times
26 Fri Apr 2024	66.90	61.90	66.90	61.90	0.326 times
19 Fri Apr 2024	60.70	59.30	60.70	58.15	0.813 times
12 Fri Apr 2024	60.50	62.95	62.95	60.50	0.298 times
05 Fri Apr 2024	64.20	58.70	67.40	58.70	1.225 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
30 Tue Apr 2024	69.55	58.70	69.55	58.15	0.465 times
28 Thu Mar 2024	55.95	66.95	69.65	50.70	1.575 times
29 Thu Feb 2024	65.70	46.45	67.05	46.45	1.506 times
31 Wed Jan 2024	45.55	31.25	45.55	31.20	0.273 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 neutral. A longer time frame might give a better analysis.

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

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 62.7 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.