(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 2024-04-16 View latest technical analysis
10 day averaged volume of Eltek is 65180
Date | Daily Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 10.25 | 9.87 | 10.30 | 9.81 | 0.956 times |
15 Mon Apr 2024 | 9.94 | 9.75 | 9.96 | 9.75 | 0.693 times |
12 Fri Apr 2024 | 9.73 | 10.00 | 10.30 | 9.71 | 1.066 times |
11 Thu Apr 2024 | 10.01 | 10.05 | 10.21 | 9.88 | 1.789 times |
10 Wed Apr 2024 | 10.17 | 9.88 | 10.36 | 9.88 | 0.749 times |
09 Tue Apr 2024 | 10.07 | 10.20 | 10.36 | 9.83 | 1.422 times |
08 Mon Apr 2024 | 10.25 | 10.75 | 10.75 | 10.12 | 1.781 times |
05 Fri Apr 2024 | 10.72 | 10.52 | 10.85 | 10.52 | 0.681 times |
04 Thu Apr 2024 | 10.62 | 10.96 | 11.06 | 10.62 | 0.747 times |
03 Wed Apr 2024 | 10.88 | 10.61 | 10.93 | 10.61 | 0.462 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 10.1 as stoploss in an intra day buy trade for a target of 10.73. However, stock will show a bearish move below 10.1.
Share price targets for Eltek (ELTK)
Target Type | Value |
Downside Target | 9.71 |
Downside Target | 10.00 |
Upside Target | 10.52 |
Upside Target | 10.75 |
Upside Target | 12.00 |
Upside Target | 12.11 |
Upside Target | 13.00 |
Upside Target | 13.06 |
Upside Target | 14.17 |
Upside Target | 16.23 |
Upside Target | 20.19 |
Upside Target | 22.80 |
Intraday share price targets for Eltek (ELTK)
Target Type | Value |
Downside Intraday Target | 9.9 |
Downside Intraday Target | 9.55 |
Upside Intraday Target | 10.45 |
Upside Intraday Target | 10.65 |
Downside Intraday Target | 10.1 |
Weekly technical analysis of Eltek (ELTK)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 10.25 | 9.75 | 10.30 | 9.75 | 0.242 times |
12 Fri Apr 2024 | 9.73 | 10.75 | 10.75 | 9.71 | 1.843 times |
05 Fri Apr 2024 | 10.72 | 11.05 | 11.06 | 10.52 | 1.06 times |
28 Thu Mar 2024 | 11.14 | 11.77 | 12.07 | 10.92 | 0.408 times |
22 Fri Mar 2024 | 11.92 | 10.55 | 12.11 | 10.12 | 0.439 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 |
16 Tue Apr 2024 | 10.25 | 11.05 | 11.06 | 9.71 | 0.292 times |
28 Thu Mar 2024 | 11.14 | 13.67 | 14.17 | 10.00 | 0.674 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Eltek 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.
Eltek 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 moving up
CCI has generated a buy signal for Eltek in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 10.19 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Eltek (ELTK) stock. Volume based technical analysis of Eltek (ELTK) stock is negative.
Eltek 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 Eltek ( (ELTK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Eltek 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.
Eltek 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 moving up
CCI has generated a buy signal for Eltek in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 10.19 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Eltek (ELTK) stock. Volume based technical analysis of Eltek (ELTK) stock is negative.
Eltek 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.