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(NM-G) complete technical analysis [charts+indicators] | Buy/Sell | (NM-G) share price targets

Complete technical analysis of (NM-G) by charts plus indicators, forecast predictions and share price targets for (NM-G)

Showing technical analysis as on 2023-12-07 View latest technical analysis

10 day averaged volume of is 623

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	16.97	18.50	19.57	14.11	13.323 times
06 Wed Dec 2023	18.50	18.79	19.52	18.50	4.334 times
05 Tue Dec 2023	18.51	18.51	19.22	18.51	2.087 times
29 Wed Nov 2023	18.60	18.60	18.60	18.60	0.161 times
28 Tue Nov 2023	18.51	20.00	20.01	18.51	2.087 times
27 Mon Nov 2023	20.00	20.00	20.00	20.00	0.161 times
13 Mon Nov 2023	20.95	20.95	20.95	20.95	0.482 times
09 Thu Nov 2023	20.57	20.57	20.57	20.57	0.161 times
08 Wed Nov 2023	20.00	20.00	20.00	20.00	0.21 times
07 Tue Nov 2023	20.52	20.52	20.52	20.52	0.161 times

Stock of (NM-G) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 16.9, for a target of 18.1 or 19.17

Share price targets for (NM-G)

Target Type	Value
Downside Target	14.11
Downside Target	14.65
Upside Target	18.50
Upside Target	19.12
Upside Target	20.01
Upside Target	20.57
Upside Target	20.86
Upside Target	20.95
Upside Target	21.00
Upside Target	21.94

Intraday share price targets for (NM-G)

Target Type	Value
Downside Intraday Target	14.2
Downside Intraday Target	11.42
Upside Intraday Target	19.66
Upside Intraday Target	22.34
Downside Intraday Target	16.88

Weekly technical analysis of (NM-G)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	16.97	18.51	19.57	14.11	8.2 times
29 Wed Nov 2023	18.60	20.00	20.01	18.51	5 times
13 Mon Nov 2023	20.95	20.95	20.95	20.95	0.696 times
09 Thu Nov 2023	20.57	19.56	20.57	19.56	0.336 times
31 Tue Oct 2023	19.36	20.86	20.86	19.36	1.605 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of (NM-G)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	16.97	18.51	19.57	14.11	5.513 times
29 Wed Nov 2023	18.60	19.56	20.95	18.51	0.801 times
31 Tue Oct 2023	19.36	18.61	20.86	18.50	0.184 times
25 Mon Sep 2023	19.00	20.10	21.94	14.65	6.565 times

Scroll below to view daily charts

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

Indicators analysis of (NM-G)

Price action analysis of ( (NM-G) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (NM-G) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (NM-G) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for in short term and the sell signal is strong.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term and SELL signal is strong!

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.73 and (NM-G) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the (NM-G) stock. Volume based technical analysis of (NM-G) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.