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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)

10 day averaged volume of Nitco is 227954

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 80.05 77.00 80.05 77.00 0.305 times
16 Thu May 2024 78.50 79.90 80.00 78.50 0.127 times
15 Wed May 2024 79.05 77.50 79.05 77.30 0.346 times
14 Tue May 2024 77.50 76.65 77.50 76.50 1.438 times
13 Mon May 2024 76.00 74.70 76.00 74.70 0.457 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 77.8, but if it comes below 77.8, then a intra day sell could be more profitable.
If you take a sell trade below 77.8, then use 77.8 as stoploss and 71.7 as target. However if you take a buy trade in stock , then use 77.8 as stoploss and 85.1 as target.

Share price targets for Nitco (NITCO_BE)

Target Type Value
Downside Target 31.20
Downside Target 45.55
Downside Target 50.70
Downside Target 58.15
Downside Target 60.70
Downside Target 66.90
Downside Target 70.90
Downside Target 72.25
Downside Target 72.30
Downside Target 74.70
Downside Target 78.15
Downside Target 80.05

Intraday share price targets for Nitco (NITCO_BE)

Target Type Value
Downside Intraday Target 76.48
Downside Intraday Target 72.92
Upside Intraday Target 81.83
Upside Intraday Target 83.62
Downside Intraday Target 78.27

Weekly technical analysis of Nitco (NITCO_BE)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 80.05 74.70 80.05 74.70 0.365 times
10 Fri May 2024 76.20 73.70 78.15 72.25 8.895 times
03 Fri May 2024 72.30 68.20 72.30 68.20 1.755 times
26 Fri Apr 2024 66.90 61.90 66.90 61.90 0.326 times
19 Fri Apr 2024 60.70 59.30 60.70 58.15 0.813 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
17 Fri May 2024 80.05 70.90 80.05 70.90 1.017 times
30 Tue Apr 2024 69.55 58.70 69.55 58.15 0.465 times
28 Thu Mar 2024 55.95 66.95 69.65 50.70 1.575 times
29 Thu Feb 2024 65.70 46.45 67.05 46.45 1.506 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 55, 24, 40 Buy
MACD 9, 8Buy
Stochastics 94Buy
CCI 98Buy
RSI 57Buy
OBV 2295548Sell
VWAP 76Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

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 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 75.86 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.

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