505355 NEWS why is Nesco Ltd price falling or rising

505355 NEWS reasons for why stock price of Nesco Ltd is falling or rising

505355 Nesco is falling or rising technical reasons

Technical analysis forecast for Nesco 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 Nesco 505355 at this time. Stock is falling and might fall more.

It appears as if Nesco 505355 gave a large move recently.

Stock of Nesco (505355) 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 Nesco is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Nesco stays below 808.9, but if it comes above 808.9, then a intra day buy could be more profitable.
If you take a sell trade below 808.9, then use 808.9 as stoploss and 788.3 as target. However if you take a buy trade in Nesco, then use 808.9 as stoploss and 826.04 as target.

505355 Nesco is falling or rising NEWS fundamental reasons

More announcements and NEWS

505355 Nesco Ltd current price & indicator signals

Moving Averages for Nesco Ltd

  • 5Day Average: 812.09
  • 12Day Average: 829.94
  • 20Day Average: 826.4
  • 50Day Average: 844.32
  • 100Day Average: 849.29
  • 150Day Average: 798.34
  • 200Day Average: 765.82

505355 Indicators & signals

Indicator MACD (12,26,9)

821.3, 828.87, -4.75
Indicator MACD is in negative zone

Indicator ADX (14)

9.71, 17.42, 21.17
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 505355 Nesco Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 798.85 793.00 to 806.00 -0.68% 2.14 times
18 Thu Apr 2024 804.35 801.10 to 824.70 -1.62% 0.79 times
16 Tue Apr 2024 817.60 809.50 to 824.20 0.7% 0.73 times
15 Mon Apr 2024 811.90 798.10 to 835.00 -1.91% 2.52 times
12 Fri Apr 2024 827.75 824.00 to 845.00 -0.9% 0.73 times
10 Wed Apr 2024 835.30 828.70 to 838.90 0.38% 0.33 times
09 Tue Apr 2024 832.10 826.00 to 841.45 -0.59% 1.05 times
08 Mon Apr 2024 837.00 832.20 to 886.80 -1.37% 1.33 times
05 Fri Apr 2024 848.65 841.05 to 853.45 -0.25% 1.32 times
04 Thu Apr 2024 850.75 839.70 to 856.75 0.56% 0.45 times
03 Wed Apr 2024 846.00 843.00 to 856.55 -0.36% 0.75 times
02 Tue Apr 2024 849.05 844.55 to 861.35 -0.26% 1.91 times

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