NESTLE SA-REG (NESN.S) Stock Technical Analysis
SWX:NESN - SIX Swiss Exchange - CH0038863350 - Common Stock - Currency: CHF
Overall NESN gets a technical rating of 5 out of 10. In the last year, NESN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, NESN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 89.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 87.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NESN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
75.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 84.98 to 87.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 82.34 to 83.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @75.84 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 89.40 to 91.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @93.89 from a trend line in the weekly time frame.
- Resistance @100.48 from a horizontal line in the weekly time frame.
SWX:NESN (5/5/2025, 5:32:30 PM)
87.34
-0.26 (-0.3%)