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

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

10 day averaged volume of Nitco is 2788112

Date Daily Closing Price Open High Low Volume
22 Tue Oct 2024 114.56 121.79 123.65 114.56 0.78 times
21 Mon Oct 2024 120.59 127.36 127.36 115.23 1.876 times
18 Fri Oct 2024 121.30 121.30 121.30 115.10 2.53 times
17 Thu Oct 2024 115.53 115.53 115.53 115.53 0.093 times
16 Wed Oct 2024 110.03 101.00 110.03 100.10 0.697 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 107.9, but if it comes below 107.9, then a intra day sell could be more profitable.
If you take a sell trade below 107.9, then use 107.9 as stoploss and 93.92 as target. However if you take a buy trade in stock , then use 107.9 as stoploss and 124.7 as target.

Share price targets for Nitco (NITCO)

Target Type Value
Downside Target 69.00
Downside Target 70.80
Downside Target 74.00
Downside Target 75.51
Downside Target 80.20
Downside Target 86.06
Downside Target 88.90
Downside Target 94.70
Downside Target 95.00
Downside Target 114.56
Upside Target 121.30
Upside Target 127.36

Intraday share price targets for Nitco (NITCO)

Target Type Value
Downside Intraday Target 110.29
Downside Intraday Target 106.03
Upside Intraday Target 123.09
Upside Intraday Target 131.63
Upside Intraday Target 118.83

Weekly technical analysis of Nitco (NITCO)

Date Weekly Closing Price Open High Low Volume
22 Tue Oct 2024 114.56 127.36 127.36 114.56 0.449 times
18 Fri Oct 2024 121.30 92.35 121.30 90.10 3.203 times
11 Fri Oct 2024 90.84 82.80 95.00 75.51 3.948 times
04 Fri Oct 2024 81.57 86.00 86.06 81.52 0.599 times
27 Fri Sep 2024 85.84 83.66 89.98 82.25 1.803 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)

Date Monthly Closing Price Open High Low Volume
22 Tue Oct 2024 114.56 84.00 127.36 75.51 4.139 times
30 Mon Sep 2024 83.49 84.05 89.98 80.20 0.569 times
30 Fri Aug 2024 84.70 78.00 94.70 70.80 2.198 times
31 Wed Jul 2024 78.35 79.66 81.60 69.00 1.43 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Nitco (NITCO)

Indicator Name Indicator Value Indicator Signal
ADX 43, 6, 74 Buy
MACD 16, 11Buy
Stochastics 86Buy
CCI 75Sell
RSI 66Buy
OBV 11032185Sell
VWAP 109Buy
ADL 0Sell
ROC 36Buy
Force Index 0Sell

Price action analysis of Nitco ( (NITCO) ) 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) ) 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) ) 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) ) 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 tired and bears 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 Nitco in short term but SELL signal is weak.

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 108.96 and Nitco (NITCO) 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) stock. Volume based technical analysis of Nitco (NITCO) 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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