(ELTK) Eltek complete technical analysis [charts+indicators] | Buy/Sell Eltek | (ELTK) share price targets
Complete technical analysis of Eltek (ELTK) by charts plus indicators, forecast predictions and share price targets for Eltek (ELTK)
Eltek trades in USA in Technology sector.
Showing technical analysis as on 2024-03-07 View latest technical analysis
10 day averaged volume of Eltek is 139840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 13.76 | 13.95 | 13.95 | 13.40 | 0.677 times |
| 06 Wed Mar 2024 | 13.93 | 13.51 | 14.12 | 13.36 | 0.604 times |
| 05 Tue Mar 2024 | 13.29 | 13.43 | 13.45 | 13.06 | 0.734 times |
| 04 Mon Mar 2024 | 13.43 | 13.71 | 14.09 | 13.39 | 1.146 times |
| 01 Fri Mar 2024 | 13.70 | 13.67 | 14.17 | 13.50 | 0.945 times |
| 29 Thu Feb 2024 | 13.98 | 13.30 | 14.01 | 13.06 | 1.209 times |
| 28 Wed Feb 2024 | 13.21 | 13.44 | 13.75 | 13.19 | 0.749 times |
| 27 Tue Feb 2024 | 13.62 | 13.92 | 14.21 | 13.50 | 0.636 times |
| 26 Mon Feb 2024 | 13.94 | 13.44 | 14.52 | 13.43 | 1.592 times |
| 23 Fri Feb 2024 | 13.55 | 13.51 | 13.88 | 13.11 | 0.807 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12.7 as stoploss in an intra day buy trade for a target of 15.04. However, stock will show a bearish move below 12.7.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.01 |
| Downside Target | 12.00 |
| Downside Target | 13.00 |
| Upside Target | 14.12 |
| Upside Target | 14.52 |
| Upside Target | 15.44 |
| Upside Target | 16.23 |
| Upside Target | 16.66 |
| Upside Target | 19.80 |
| Upside Target | 20.19 |
| Upside Target | 22.80 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 13.17 |
| Downside Intraday Target | 12.59 |
| Upside Intraday Target | 14.23 |
| Upside Intraday Target | 14.71 |
| Downside Intraday Target | 13.65 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 13.76 | 13.71 | 14.12 | 13.06 | 0.616 times |
| 01 Fri Mar 2024 | 13.70 | 13.44 | 14.52 | 13.06 | 1.001 times |
| 23 Fri Feb 2024 | 13.55 | 14.89 | 15.44 | 13.11 | 0.364 times |
| 16 Fri Feb 2024 | 15.18 | 19.35 | 22.80 | 14.56 | 3.682 times |
| 09 Fri Feb 2024 | 18.89 | 19.68 | 19.80 | 16.66 | 0.865 times |
Price has moved up 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 Eltek (ELTK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 13.76 | 13.67 | 14.17 | 13.06 | 0.142 times |
| 29 Thu Feb 2024 | 13.98 | 17.16 | 22.80 | 13.06 | 1.681 times |
| 31 Wed Jan 2024 | 17.10 | 13.68 | 20.19 | 13.00 | 0.974 times |
| 29 Fri Dec 2023 | 13.95 | 12.43 | 16.23 | 12.00 | 1.541 times |
Scroll below to view daily charts
Price has moved down 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 Eltek (ELTK)
Price action analysis of Eltek ( (ELTK) ) 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 Eltek ( (ELTK) ) 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 Eltek ( (ELTK) ) 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 Eltek ( (ELTK) ) 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 Eltek stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Eltek in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Eltek Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Eltek in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Eltek is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.67 and Eltek (ELTK) 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 Eltek (ELTK) stock. Volume based technical analysis of Eltek (ELTK) stock is negative.
Eltek Stock is giving positive 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 Eltek ( (ELTK) ) 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 Eltek ( (ELTK) ) 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 Eltek ( (ELTK) ) 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 Eltek ( (ELTK) ) 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 Eltek stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Eltek in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Eltek Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Eltek in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Eltek is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.67 and Eltek (ELTK) 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 Eltek (ELTK) stock. Volume based technical analysis of Eltek (ELTK) stock is negative.
Eltek Stock is giving positive 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.