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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 2024-10-30 View latest technical analysis

10 day averaged volume of Nitco is 357028

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	114.32	111.75	114.32	107.00	0.991 times
29 Tue Oct 2024	108.88	107.01	111.94	105.51	0.996 times
28 Mon Oct 2024	106.62	103.00	106.62	103.00	0.352 times
25 Fri Oct 2024	101.55	107.00	108.70	101.00	1.571 times
24 Thu Oct 2024	105.74	107.80	112.80	103.65	1.789 times
23 Wed Oct 2024	108.84	108.83	115.00	108.83	3.245 times
14 Fri Jun 2024	80.28	80.28	80.28	80.28	0.141 times
13 Thu Jun 2024	76.46	72.82	76.46	72.82	0.545 times
12 Wed Jun 2024	72.82	72.98	74.75	69.15	0.578 times
11 Tue Jun 2024	71.88	71.73	73.98	71.00	0.437 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 119.6, for a target of 99.4 or 82.59

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
Downside Target	114.32
Upside Target	115.00

Intraday share price targets for Nitco (NITCO_BE)

Target Type	Value
Downside Intraday Target	106.77
Downside Intraday Target	99.23
Upside Intraday Target	118.09
Upside Intraday Target	121.87
Downside Intraday Target	110.55

Weekly technical analysis of Nitco (NITCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	114.32	103.00	114.32	103.00	0.354 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
30 Wed Oct 2024	114.32	108.83	115.00	101.00	2.055 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nitco ( (NITCO_BE) ) 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 Nitco ( (NITCO_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 and the buying is gaining 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 102.18 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.