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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 2024-01-29 View latest technical analysis

10 day averaged volume of is 6960

Date Daily Closing Price Open High Low Volume
29 Mon Jan 2024 4.70 4.90 5.39 4.70 2.184 times
26 Fri Jan 2024 5.48 5.20 5.48 5.20 0.057 times
25 Thu Jan 2024 5.00 5.15 5.15 5.00 0.489 times
24 Wed Jan 2024 5.01 5.17 5.17 4.70 1.063 times
23 Tue Jan 2024 5.17 4.01 5.17 4.00 1.365 times
22 Mon Jan 2024 4.02 11.50 11.50 2.75 6.264 times
19 Fri Jan 2024 12.50 12.47 12.50 12.47 0.187 times
12 Fri Jan 2024 12.49 12.50 12.50 12.49 0.101 times
12 Fri Jan 2024 12.49 12.50 12.50 12.49 0.101 times
03 Wed Jan 2024 12.50 12.50 12.50 12.49 0.072 times

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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.8, but if it comes above 6.8, then a intra day buy could be more profitable.
If you take a sell trade below 6.8, then use 6.8 as stoploss and 2 as target. However if you take a buy trade in stock , then use 6.8 as stoploss and 10.89 as target.

Share price targets for (NM-G)

Target Type Value
Downside Target 2.75
Downside Target 4.70
Upside Target 5.39
Upside Target 10.60
Upside Target 11.50
Upside Target 12.47
Upside Target 13.70
Upside Target 14.65
Upside Target 18.50
Upside Target 18.51
Upside Target 19.57
Upside Target 20.86
Upside Target 20.95
Upside Target 21.94

Intraday share price targets for (NM-G)

Target Type Value
Downside Intraday Target 4.47
Downside Intraday Target 4.24
Upside Intraday Target 5.16
Upside Intraday Target 5.62
Upside Intraday Target 4.93

Weekly technical analysis of (NM-G)

Date Weekly Closing Price Open High Low Volume
29 Mon Jan 2024 4.70 4.90 5.39 4.70 0.236 times
26 Fri Jan 2024 5.48 11.50 11.50 2.75 49.462 times
19 Fri Jan 2024 12.50 12.47 12.50 12.47 1.857 times
12 Fri Jan 2024 12.49 12.50 12.50 12.49 0.212 times
12 Fri Jan 2024 12.49 12.97 13.70 12.49 0.825 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 (NM-G)

Date Monthly Closing Price Open High Low Volume
29 Mon Jan 2024 4.70 12.50 12.50 2.75 3.725 times
26 Tue Dec 2023 13.70 18.51 19.57 10.60 9.951 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 getting stronger in this stock.

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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 4.74 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.

Price action analysis of ( (NM-G) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 getting stronger in this stock.

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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 4.74 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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