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(NELCAST) Nelcast complete technical analysis [charts+indicators] | Buy/Sell Nelcast | (NELCAST) share price targets

Complete technical analysis of Nelcast (NELCAST) by charts plus indicators, forecast predictions and share price targets for Nelcast (NELCAST)

10 day averaged volume of Nelcast is 149741

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 141.05 146.90 146.90 138.00 1.091 times
20 Mon May 2024 145.90 147.40 147.45 144.20 0.119 times
17 Fri May 2024 144.45 145.00 146.30 143.95 0.494 times
16 Thu May 2024 144.85 146.70 147.70 143.60 0.586 times
15 Wed May 2024 145.95 143.60 148.65 143.60 1.178 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 138.9, for a target of 145.5 or 151.01

Share price targets for Nelcast (NELCAST)

Target Type Value
Downside Target 121.65
Downside Target 130.45
Downside Target 138.00
Upside Target 142.00
Upside Target 147.45
Upside Target 155.30
Upside Target 157.80
Upside Target 160.30
Upside Target 165.75
Upside Target 165.80
Upside Target 166.00
Upside Target 175.60

Intraday share price targets for Nelcast (NELCAST)

Target Type Value
Downside Intraday Target 136.88
Downside Intraday Target 132.72
Upside Intraday Target 146.33
Upside Intraday Target 151.62
Upside Intraday Target 142.17

Weekly technical analysis of Nelcast (NELCAST)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 141.05 147.40 147.45 138.00 0.18 times
17 Fri May 2024 144.45 153.65 155.30 142.00 1.594 times
10 Fri May 2024 151.40 164.10 165.75 149.00 0.591 times
03 Fri May 2024 163.55 153.00 166.00 148.00 2.545 times
26 Fri Apr 2024 152.20 151.80 156.00 151.00 0.705 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 Nelcast (NELCAST)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 141.05 149.55 166.00 138.00 1.019 times
30 Tue Apr 2024 150.10 130.45 157.80 130.45 0.867 times
28 Thu Mar 2024 128.50 152.35 160.30 121.65 1.117 times
29 Thu Feb 2024 151.60 163.90 165.80 148.00 0.579 times

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 Nelcast (NELCAST)

Indicator Name Indicator Value Indicator Signal
ADX 11, 26, 40 Sell
MACD -2, 0Sell
Stochastics 16Sell
CCI -113Sell
RSI 49Sell
OBV -224638Sell
VWAP 146Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Nelcast ( (NELCAST) ) 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 Nelcast ( (NELCAST) ) 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 Nelcast ( (NELCAST) ) based on a short to mid 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 Nelcast ( (NELCAST) ) based on a mid to longer 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.

ADX buy sell signal for Nelcast stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nelcast in short term and the sell signal is strong.

Nelcast 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Nelcast in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Nelcast is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 146.08 and Nelcast (NELCAST) 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 Nelcast (NELCAST) stock. Volume based technical analysis of Nelcast (NELCAST) stock is negative.

Nelcast Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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