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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 2024-11-04 View latest technical analysis

10 day averaged volume of Nitco is 435074

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	119.41	123.40	124.00	117.23	0.416 times
01 Fri Nov 2024	123.40	124.50	124.74	122.00	0.641 times
31 Thu Oct 2024	120.03	114.20	120.03	112.15	1.456 times
30 Wed Oct 2024	114.32	111.75	114.32	107.00	0.814 times
29 Tue Oct 2024	108.88	107.01	111.94	105.51	0.817 times
28 Mon Oct 2024	106.62	103.00	106.62	103.00	0.289 times
25 Fri Oct 2024	101.55	107.00	108.70	101.00	1.289 times
24 Thu Oct 2024	105.74	107.80	112.80	103.65	1.468 times
23 Wed Oct 2024	108.84	108.83	115.00	108.83	2.663 times
14 Fri Jun 2024	80.28	80.28	80.28	80.28	0.115 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 110.7, but if it comes below 110.7, then a intra day sell could be more profitable.
If you take a sell trade below 110.7, then use 110.7 as stoploss and 89.95 as target. However if you take a buy trade in stock , then use 110.7 as stoploss and 135.7 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	117.23
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	116.43
Downside Intraday Target	113.44
Upside Intraday Target	123.2
Upside Intraday Target	126.98
Upside Intraday Target	120.21

Weekly technical analysis of Nitco (NITCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	119.41	123.40	124.00	117.23	0.104 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
04 Mon Nov 2024	119.41	124.50	124.74	117.23	0.12 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 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 losing 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 coming down

CCI has generated a SELL signal for Nitco in short term but SELL 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 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 110.51 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.