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Stock analysis NELCO Limited NELCO

More indepth analysis on MunafaSutra.com

Moving Averages for NELCO Limited

  • 5Day Average: 807.17
  • 12Day Average: 817.8
  • 20Day Average: 832.9
  • 50Day Average: 787.24
  • 100Day Average: 765.11
  • 150Day Average: 773.49
  • 200Day Average: 768.21

NELCO Indicators & signals

Indicator MACD (12,26,9)

817.86, 813.58, 9.66
Indicator MACD is in positive zone

Indicator ADX (14)

6.61, 20.47, 17.93
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NELCO NELCO Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 833.45 811.40 to 839.00 1.69% 0.86 times
25 Thu Jul 2024 819.60 799.55 to 835.00 1.27% 0.96 times
24 Wed Jul 2024 809.30 790.00 to 822.00 2.87% 0.9 times
23 Tue Jul 2024 786.75 760.50 to 804.20 0% 0.86 times
23 Tue Jul 2024 786.75 760.50 to 804.20 -0.78% 0.86 times
22 Mon Jul 2024 792.90 764.55 to 813.20 0.99% 0.92 times
19 Fri Jul 2024 785.15 780.20 to 811.70 -2.76% 0.81 times
18 Thu Jul 2024 807.40 800.80 to 831.70 -2.69% 1.11 times
16 Tue Jul 2024 829.75 826.60 to 849.75 -1.06% 0.64 times
15 Mon Jul 2024 838.60 826.55 to 857.95 -0.67% 1.15 times
12 Fri Jul 2024 844.25 823.55 to 877.35 -4.02% 1.77 times
11 Thu Jul 2024 879.65 865.00 to 914.80 -2.39% 3.85 times

Technical analysis forecast of NELCO Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in NELCO Limited NELCO at this time. Stock is rising and might rise more.

It appears as if NELCO Limited NELCO gave a large move recently.

Stock of NELCO Limited (NELCO) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of NELCO Limited is bullish for shortterm, and stock might move up till 865.5 or till 923.6. Use a stoploss of 817.09 and if this stock hits its stoploss, then it can fall down till 768.66

More indepth analysis on MunafaSutra.com