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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 2024-12-31 View latest technical analysis

10 day averaged volume of Nitco is 225801

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	126.57	124.00	130.00	121.20	0.631 times
30 Mon Dec 2024	125.22	130.30	131.99	124.00	0.533 times
27 Fri Dec 2024	128.42	134.00	135.90	127.00	0.377 times
26 Thu Dec 2024	131.55	132.85	135.00	130.30	0.367 times
24 Tue Dec 2024	132.90	140.00	141.00	131.48	0.462 times
23 Mon Dec 2024	138.40	142.80	142.80	137.10	1.074 times
20 Fri Dec 2024	141.57	142.50	144.38	138.00	1.07 times
19 Thu Dec 2024	141.68	141.50	146.00	137.00	0.988 times
18 Wed Dec 2024	141.45	144.50	148.00	140.00	0.804 times
17 Tue Dec 2024	147.21	146.00	147.51	142.00	3.195 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 127.6, but if it comes above 127.6, then a intra day buy could be more profitable.
If you take a sell trade below 127.6, then use 127.6 as stoploss and 119.3 as target. However if you take a buy trade in stock , then use 127.6 as stoploss and 134.45 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	120.03
Downside Target	124.15
Upside Target	131.99
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	121.18
Downside Intraday Target	115.8
Upside Intraday Target	131.97
Upside Intraday Target	137.38
Upside Intraday Target	126.59

Weekly technical analysis of Nitco (NITCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	126.57	130.30	131.99	121.20	0.51 times
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

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
31 Tue Dec 2024	126.57	129.10	148.00	121.20	2.101 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 Strong 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 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 139.87 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.