(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 2024-10-15 View latest technical analysis
10 day averaged volume of Eltek is 47220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 10.69 | 10.58 | 10.70 | 10.51 | 0.525 times |
| 14 Mon Oct 2024 | 10.58 | 10.36 | 10.59 | 10.36 | 0.32 times |
| 11 Fri Oct 2024 | 10.43 | 10.73 | 10.73 | 10.39 | 0.284 times |
| 10 Thu Oct 2024 | 10.69 | 10.57 | 10.78 | 10.40 | 0.428 times |
| 09 Wed Oct 2024 | 10.61 | 10.75 | 10.90 | 10.60 | 0.349 times |
| 08 Tue Oct 2024 | 10.85 | 10.36 | 10.85 | 10.19 | 0.826 times |
| 07 Mon Oct 2024 | 10.57 | 10.21 | 10.59 | 10.21 | 0.987 times |
| 04 Fri Oct 2024 | 10.48 | 10.24 | 10.49 | 10.05 | 0.885 times |
| 03 Thu Oct 2024 | 10.32 | 10.31 | 10.40 | 10.05 | 0.561 times |
| 02 Wed Oct 2024 | 10.30 | 10.00 | 10.75 | 9.85 | 4.375 times |
My analysis of stock is bearish for shortterm, and stock might move down till 10.5 or till 10.2. Use a stoploss of 10.7 and if the stock hits stoploss, then it can shoot up till 10.92
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 9.30 |
| Downside Target | 9.55 |
| Downside Target | 9.85 |
| Downside Target | 10.19 |
| Upside Target | 11.04 |
| Upside Target | 11.08 |
| Upside Target | 11.48 |
| Upside Target | 12.08 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 10.47 |
| Downside Intraday Target | 10.24 |
| Upside Intraday Target | 10.81 |
| Upside Intraday Target | 10.92 |
| Downside Intraday Target | 10.58 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 10.69 | 10.36 | 10.70 | 10.36 | 0.294 times |
| 11 Fri Oct 2024 | 10.43 | 10.21 | 10.90 | 10.19 | 0.409 times |
| 04 Fri Oct 2024 | 10.48 | 10.58 | 11.04 | 9.85 | 7.641 times |
| 27 Fri Sep 2024 | 10.73 | 10.89 | 11.04 | 10.52 | 0.861 times |
| 20 Fri Sep 2024 | 11.02 | 10.91 | 11.08 | 10.61 | 0.419 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 |
| 15 Tue Oct 2024 | 10.69 | 10.72 | 11.04 | 9.85 | 1.778 times |
| 30 Mon Sep 2024 | 10.91 | 10.61 | 11.08 | 10.40 | 0.407 times |
| 30 Fri Aug 2024 | 10.69 | 9.85 | 11.48 | 9.00 | 1.346 times |
| 31 Wed Jul 2024 | 9.82 | 9.59 | 10.71 | 9.30 | 1.244 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Eltek stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Eltek in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Eltek in short term and BUY signal is strong.
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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Eltek is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.46 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 positive
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Eltek stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Eltek in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Eltek in short term and BUY signal is strong.
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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Eltek is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.46 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.