Stock analysis Nelcast Limited NELCAST
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Recent prices of NELCAST Nelcast Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Tue Nov 2024 | 111.70 | 108.37 to 115.00 | 3.07% | 1.46 times |
| 18 Mon Nov 2024 | 108.37 | 105.93 to 111.00 | -0.55% | 0.95 times |
| 14 Thu Nov 2024 | 108.97 | 106.66 to 111.78 | 1.81% | 1.09 times |
| 13 Wed Nov 2024 | 107.03 | 105.21 to 114.81 | -4.7% | 1.53 times |
| 12 Tue Nov 2024 | 112.31 | 111.95 to 117.63 | -0.94% | 0.5 times |
| 11 Mon Nov 2024 | 113.38 | 112.21 to 120.00 | -5.47% | 1.47 times |
| 08 Fri Nov 2024 | 119.94 | 118.80 to 124.04 | -4% | 1.33 times |
| 07 Thu Nov 2024 | 124.94 | 122.00 to 128.77 | -0.16% | 1.5 times |
| 06 Wed Nov 2024 | 125.14 | 123.37 to 126.00 | 1.22% | 0.51 times |
| 05 Tue Nov 2024 | 123.63 | 118.35 to 124.00 | 3.7% | 0.75 times |
| 04 Mon Nov 2024 | 119.22 | 118.05 to 121.50 | -0.91% | 0.38 times |
| 01 Fri Nov 2024 | 120.31 | 117.96 to 120.98 | 1.42% | 0.27 times |
Technical analysis forecast for Nelcast Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Nelcast Limited NELCAST at this time. Stock is falling and might fall more.
It appears as if Nelcast Limited NELCAST gave a large move recently.
Stock of Nelcast Limited (NELCAST) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Nelcast Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 111.5 as stoploss in an intra day buy trade for a target of 116.79. However, stock will show a bearish move below 111.5.