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(NestleI) Nestle I complete technical analysis [charts+indicators] | Buy/Sell Nestle I | (NestleI) share price targets

Complete technical analysis of Nestle I (NestleI) by charts plus indicators, forecast predictions and share price targets for Nestle I (NestleI)

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Nestle I is 31482

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	2569.10	2604.00	2604.00	2557.30	0.975 times
27 Tue Feb 2024	2598.05	2592.40	2601.65	2566.55	0.368 times
26 Mon Feb 2024	2582.90	2581.55	2586.35	2566.55	0.926 times
23 Fri Feb 2024	2580.75	2564.00	2583.00	2552.45	0.543 times
22 Thu Feb 2024	2562.45	2551.20	2565.00	2525.10	0.976 times
21 Wed Feb 2024	2547.25	2543.75	2550.00	2520.35	1.056 times
20 Tue Feb 2024	2538.75	2522.95	2540.00	2497.50	1.801 times
19 Mon Feb 2024	2514.00	2500.00	2525.00	2482.05	0.484 times
16 Fri Feb 2024	2487.60	2457.05	2490.00	2449.30	1.077 times
15 Thu Feb 2024	2453.70	2490.25	2490.25	2440.00	0.791 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2556.1, but if it comes below 2556.1, then a intra day sell could be more profitable.
If you take a sell trade below 2556.1, then use 2556.1 as stoploss and 2504.26 as target. However if you take a buy trade in stock , then use 2556.1 as stoploss and 2618.4 as target.

Share price targets for Nestle I (NestleI)

Target Type	Value
Downside Target	2409.70
Upside Target	2604.00
Upside Target	22260.85
Upside Target	23772.80
Upside Target	24146.00
Upside Target	24591.10
Upside Target	24735.50
Upside Target	26661.00
Upside Target	27707.45

Intraday share price targets for Nestle I (NestleI)

Target Type	Value
Downside Intraday Target	2549.6
Downside Intraday Target	2530.1
Upside Intraday Target	2596.3
Upside Intraday Target	2623.5
Upside Intraday Target	2576.8

Weekly technical analysis of Nestle I (NestleI)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	2569.10	2581.55	2604.00	2557.30	0.467 times
23 Fri Feb 2024	2580.75	2500.00	2583.00	2482.05	1.085 times
16 Fri Feb 2024	2487.60	2479.85	2496.00	2435.70	0.436 times
09 Fri Feb 2024	2450.05	2504.90	2510.25	2409.70	2.462 times
02 Fri Feb 2024	2484.00	2497.85	2531.50	2462.50	0.822 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 Nestle I (NestleI)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	2569.10	2524.85	2604.00	2409.70	0.945 times
31 Wed Jan 2024	2505.50	26699.90	27707.45	2445.80	11.93 times
29 Fri Dec 2023	26595.50	24250.10	26661.00	24146.00	2.484 times
30 Thu Nov 2023	24217.20	24170.05	24591.10	23772.80	0.352 times

Scroll below to view daily charts

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 Nestle I (NestleI)

Price action analysis of Nestle I ( (NestleI) ) 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 Nestle I ( (NestleI) ) 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 Nestle I ( (NestleI) ) 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 Nestle I stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Nestle I in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nestle I 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 Nestle I in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 Nestle I is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2540.18 and Nestle I (NestleI) 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 Nestle I (NestleI) stock. Volume based technical analysis of Nestle I (NestleI) stock is negative.

Nestle I 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.