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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 2024-12-09 View latest technical analysis

10 day averaged volume of Nitco is 135871

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	131.36	129.40	131.36	125.50	2.836 times
06 Fri Dec 2024	125.11	128.00	128.00	125.00	0.622 times
05 Thu Dec 2024	126.25	128.40	128.40	126.10	0.296 times
04 Wed Dec 2024	128.52	124.15	128.52	124.15	4.791 times
03 Tue Dec 2024	126.00	128.00	128.00	125.93	0.438 times
02 Mon Dec 2024	128.50	129.10	129.10	128.00	0.536 times
29 Fri Nov 2024	128.50	130.56	130.56	125.50	0.742 times
28 Thu Nov 2024	128.00	128.06	128.06	125.55	1.335 times
27 Wed Nov 2024	125.55	125.55	125.55	125.55	0.884 times
26 Tue Nov 2024	123.09	123.09	123.09	123.09	0.187 times

Stock of Nitco (NITCO_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 127.6, but if it comes below 127.6, then a intra day sell could be more profitable.
If you take a sell trade below 127.6, then use 127.6 as stoploss and 121.36 as target. However if you take a buy trade in stock , then use 127.6 as stoploss and 135.1 as target.

Share price targets for Nitco (NITCO_BE)

Target Type	Value
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	117.00
Downside Target	124.15
Downside Target	129.10
Downside Target	130.56
Downside Target	131.36

Intraday share price targets for Nitco (NITCO_BE)

Target Type	Value
Downside Intraday Target	127.45
Downside Intraday Target	123.55
Upside Intraday Target	133.31
Upside Intraday Target	135.27
Downside Intraday Target	129.41

Weekly technical analysis of Nitco (NITCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	131.36	129.40	131.36	125.50	0.424 times
06 Fri Dec 2024	125.11	129.10	129.10	124.15	2.015 times
29 Fri Nov 2024	128.50	120.68	130.56	120.68	0.66 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

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
09 Mon Dec 2024	131.36	129.10	131.36	124.15	0.53 times
29 Fri Nov 2024	128.50	124.50	130.56	109.35	0.638 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

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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 128.5 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.