(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 2024-05-23 View latest technical analysis
10 day averaged volume of Eltek is 34832
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 11.26 | 12.08 | 12.47 | 11.20 | 1.946 times |
| 22 Wed May 2024 | 12.10 | 11.75 | 12.39 | 11.41 | 1.625 times |
| 21 Tue May 2024 | 11.64 | 10.40 | 11.80 | 10.40 | 2.943 times |
| 20 Mon May 2024 | 10.90 | 10.99 | 11.05 | 10.51 | 0.864 times |
| 17 Fri May 2024 | 10.84 | 11.00 | 11.03 | 10.79 | 0.317 times |
| 16 Thu May 2024 | 11.00 | 10.60 | 11.00 | 10.40 | 0.792 times |
| 15 Wed May 2024 | 10.46 | 10.47 | 10.70 | 10.42 | 0.741 times |
| 14 Tue May 2024 | 10.47 | 10.48 | 10.53 | 10.21 | 0.678 times |
| 13 Mon May 2024 | 10.21 | 10.54 | 10.58 | 10.15 | 0.956 times |
| 10 Fri May 2024 | 10.45 | 10.53 | 10.62 | 10.38 | 0.431 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.2, but if it comes below 11.2, then a intra day sell could be more profitable.
If you take a sell trade below 11.2, then use 11.2 as stoploss and 10.76 as target. However if you take a buy trade in stock , then use 11.2 as stoploss and 11.8 as target.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.71 |
| Downside Target | 10.00 |
| Downside Target | 10.40 |
| Downside Target | 11.03 |
| Upside Target | 11.30 |
| Upside Target | 12.47 |
| Upside Target | 13.00 |
| Upside Target | 13.06 |
| Upside Target | 14.17 |
| Upside Target | 20.19 |
| Upside Target | 22.80 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 10.28 |
| Downside Intraday Target | 9.31 |
| Upside Intraday Target | 12.35 |
| Upside Intraday Target | 13.45 |
| Upside Intraday Target | 11.38 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 11.26 | 10.99 | 12.47 | 10.40 | 2.118 times |
| 17 Fri May 2024 | 10.84 | 10.54 | 11.03 | 10.15 | 0.539 times |
| 10 Fri May 2024 | 10.45 | 10.69 | 11.23 | 10.08 | 1.491 times |
| 03 Fri May 2024 | 10.69 | 10.90 | 11.20 | 10.45 | 1.07 times |
| 26 Fri Apr 2024 | 10.90 | 11.08 | 11.25 | 10.53 | 0.432 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Eltek (ELTK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 11.26 | 10.78 | 12.47 | 10.08 | 0.574 times |
| 30 Tue Apr 2024 | 10.86 | 11.05 | 11.30 | 9.71 | 0.446 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 |
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 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 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 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 mid to longer 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.
ADX buy sell signal for Eltek stock for short term is BUY. 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 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 in or below the green 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 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 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 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 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 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 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 mid to longer 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.
ADX buy sell signal for Eltek stock for short term is BUY. 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 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 in or below the green 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 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.