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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 2024-12-27 View latest technical analysis

10 day averaged volume of Nitco is 256363

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	128.42	134.00	135.90	127.00	0.332 times
26 Thu Dec 2024	131.55	132.85	135.00	130.30	0.323 times
24 Tue Dec 2024	132.90	140.00	141.00	131.48	0.407 times
23 Mon Dec 2024	138.40	142.80	142.80	137.10	0.946 times
20 Fri Dec 2024	141.57	142.50	144.38	138.00	0.943 times
19 Thu Dec 2024	141.68	141.50	146.00	137.00	0.871 times
18 Wed Dec 2024	141.45	144.50	148.00	140.00	0.708 times
17 Tue Dec 2024	147.21	146.00	147.51	142.00	2.814 times
16 Mon Dec 2024	140.49	140.00	143.70	135.10	0.994 times
13 Fri Dec 2024	137.38	136.50	138.99	130.02	1.203 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 128.1 as stoploss in an intra day buy trade for a target of 134.71. However, stock will show a bearish move below 128.1.

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	120.03
Downside Target	124.15
Upside Target	130.56
Upside Target	135.10
Upside Target	142.80
Upside Target	146.00
Upside Target	148.00

Intraday share price targets for Nitco (NITCO_BE)

Target Type	Value
Downside Intraday Target	122.68
Downside Intraday Target	116.94
Upside Intraday Target	138.48
Upside Intraday Target	148.54
Upside Intraday Target	132.74

Weekly technical analysis of Nitco (NITCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	128.42	142.80	142.80	127.00	0.317 times
20 Fri Dec 2024	141.57	140.00	148.00	135.10	0.893 times
13 Fri Dec 2024	137.38	129.40	146.00	125.50	2 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

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
27 Fri Dec 2024	128.42	129.10	148.00	124.15	1.993 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 down 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 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 neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Nitco in short term but the sell signal is initial and weak.

Nitco 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Nitco in short term and SELL 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 141.11 and Nitco (NITCO_BE) 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 Nitco (NITCO_BE) stock. Volume based technical analysis of Nitco (NITCO_BE) stock is negative.

Nitco Stock has given negative 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.