(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 2024-07-09 View latest technical analysis
10 day averaged volume of Eltek is 19210
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Jul 2024 | 9.56 | 9.55 | 9.67 | 9.40 | 0.968 times |
| 08 Mon Jul 2024 | 9.46 | 9.45 | 9.87 | 9.36 | 1.39 times |
| 05 Fri Jul 2024 | 9.51 | 9.40 | 9.54 | 9.40 | 0.599 times |
| 03 Wed Jul 2024 | 9.45 | 9.41 | 9.53 | 9.40 | 0.698 times |
| 03 Wed Jul 2024 | 9.45 | 9.41 | 9.53 | 9.40 | 0.698 times |
| 02 Tue Jul 2024 | 9.48 | 9.41 | 9.59 | 9.40 | 1.067 times |
| 01 Mon Jul 2024 | 9.45 | 9.59 | 9.73 | 9.30 | 2.556 times |
| 28 Fri Jun 2024 | 9.75 | 9.63 | 9.87 | 9.60 | 0.531 times |
| 27 Thu Jun 2024 | 9.74 | 9.61 | 9.84 | 9.61 | 0.666 times |
| 26 Wed Jun 2024 | 9.73 | 9.85 | 9.85 | 9.60 | 1.088 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 9.4 as stoploss in an intra day buy trade for a target of 9.91. However, stock will show a bearish move below 9.4.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.30 |
| Upside Target | 9.87 |
| Upside Target | 9.96 |
| Upside Target | 10.00 |
| Upside Target | 10.08 |
| Upside Target | 10.59 |
| Upside Target | 11.30 |
| Upside Target | 12.08 |
| Upside Target | 12.47 |
| Upside Target | 14.17 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 9.32 |
| Downside Intraday Target | 9.09 |
| Upside Intraday Target | 9.83 |
| Upside Intraday Target | 10.11 |
| Upside Intraday Target | 9.6 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Jul 2024 | 9.56 | 9.45 | 9.87 | 9.36 | 1.819 times |
| 05 Fri Jul 2024 | 9.51 | 9.41 | 9.54 | 9.40 | 0.3 times |
| 03 Wed Jul 2024 | 9.45 | 9.59 | 9.73 | 9.30 | 0.949 times |
| 28 Fri Jun 2024 | 9.75 | 9.59 | 9.96 | 9.59 | 0.997 times |
| 21 Fri Jun 2024 | 9.63 | 10.53 | 10.59 | 9.55 | 2.023 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 |
| 09 Tue Jul 2024 | 9.56 | 9.59 | 9.87 | 9.30 | 0.373 times |
| 28 Fri Jun 2024 | 9.75 | 11.89 | 12.08 | 9.55 | 0.492 times |
| 31 Fri May 2024 | 11.91 | 10.78 | 12.47 | 10.08 | 0.688 times |
| 30 Tue Apr 2024 | 10.86 | 11.05 | 11.30 | 9.71 | 0.446 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 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 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 SELL. Signal strength is Weak 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 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 moving up
CCI has generated a SELL signal for Eltek in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 9.53 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 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 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 SELL. Signal strength is Weak 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 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 moving up
CCI has generated a SELL signal for Eltek in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 9.53 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.