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(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.

10 day averaged volume of Eltek is 8920

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	11.16	10.93	11.30	10.91	0.785 times
24 Fri Jan 2025	11.40	11.35	11.45	11.12	0.572 times
23 Thu Jan 2025	11.25	11.34	11.40	11.23	0.381 times
22 Wed Jan 2025	11.32	11.17	11.45	11.16	0.987 times
21 Tue Jan 2025	11.39	11.10	11.45	11.10	1.413 times
17 Fri Jan 2025	11.07	11.10	11.15	11.04	0.381 times
17 Fri Jan 2025	11.07	11.10	11.15	11.04	0.381 times
16 Thu Jan 2025	11.35	10.96	11.35	10.96	0.695 times
15 Wed Jan 2025	11.07	10.86	11.18	10.86	2.074 times
14 Tue Jan 2025	11.00	10.95	11.06	10.95	1.065 times

My analysis of stock is bearish for shortterm, and stock might move down till 11 or till 10.8. Use a stoploss of 11.17 and if the stock hits stoploss, then it can shoot up till 11.33

Share price targets for Eltek (ELTK)

Target Type	Value
Downside Target	9.85
Downside Target	10.40
Downside Target	11.10
Downside Target	11.15
Upside Target	11.30
Upside Target	11.35
Upside Target	11.45
Upside Target	11.47
Upside Target	11.50
Upside Target	12.00

Intraday share price targets for Eltek (ELTK)

Target Type	Value
Downside Intraday Target	10.95
Downside Intraday Target	10.73
Upside Intraday Target	11.34
Upside Intraday Target	11.51
Downside Intraday Target	11.12

Weekly technical analysis of Eltek (ELTK)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	11.16	10.93	11.30	10.91	0.234 times
24 Fri Jan 2025	11.40	11.10	11.45	11.10	8.794 times
17 Fri Jan 2025	11.07	11.10	11.15	11.04	0.061 times
17 Fri Jan 2025	11.07	10.79	11.35	10.72	2.714 times
10 Fri Jan 2025	11.06	11.16	11.47	10.82	0.439 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 Eltek (ELTK)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Mon Jan 2025	11.16	11.18	11.47	10.72	0.477 times
31 Tue Dec 2024	11.06	10.49	11.50	9.91	0.982 times
26 Tue Nov 2024	11.04	10.59	12.00	10.55	0.584 times
31 Thu Oct 2024	10.79	10.72	11.04	9.85	2.389 times

Scroll below to view daily charts

Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

MACD generated a BUY signal for Eltek in short term and the buy signal is strong.

Eltek Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Eltek in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 11.2 and Eltek (ELTK) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.