(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 2024-07-31 View latest technical analysis
10 day averaged volume of Eltek is 20975
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 9.82 | 9.70 | 10.04 | 9.70 | 1.28 times |
| 30 Tue Jul 2024 | 9.89 | 9.86 | 10.04 | 9.73 | 1.611 times |
| 29 Mon Jul 2024 | 9.94 | 9.95 | 10.05 | 9.83 | 0.434 times |
| 26 Fri Jul 2024 | 9.87 | 9.94 | 10.04 | 9.82 | 0.744 times |
| 25 Thu Jul 2024 | 9.79 | 10.17 | 10.18 | 9.79 | 1.268 times |
| 24 Wed Jul 2024 | 10.17 | 10.02 | 10.24 | 10.02 | 0.782 times |
| 23 Tue Jul 2024 | 10.12 | 10.13 | 10.32 | 10.05 | 0.887 times |
| 22 Mon Jul 2024 | 10.05 | 10.34 | 10.34 | 10.04 | 0.587 times |
| 19 Fri Jul 2024 | 10.18 | 10.35 | 10.42 | 10.03 | 0.977 times |
| 18 Thu Jul 2024 | 10.35 | 10.51 | 10.56 | 10.35 | 1.032 times |
My analysis of stock is bearish for shortterm, and stock might move down till 9.6 or till 9.2. Use a stoploss of 9.95 and if the stock hits stoploss, then it can shoot up till 10.29
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.30 |
| Upside Target | 10.05 |
| Upside Target | 10.08 |
| Upside Target | 10.34 |
| Upside Target | 10.71 |
| 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 | 9.66 |
| Downside Intraday Target | 9.51 |
| Upside Intraday Target | 10.01 |
| Upside Intraday Target | 10.21 |
| Upside Intraday Target | 9.86 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 9.82 | 9.95 | 10.05 | 9.70 | 0.779 times |
| 26 Fri Jul 2024 | 9.87 | 10.34 | 10.34 | 9.79 | 0.647 times |
| 19 Fri Jul 2024 | 10.18 | 9.89 | 10.71 | 9.78 | 1.317 times |
| 12 Fri Jul 2024 | 9.79 | 9.45 | 9.92 | 9.36 | 4.217 times |
| 05 Fri Jul 2024 | 9.51 | 9.41 | 9.54 | 9.40 | 0.3 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 |
| 31 Wed Jul 2024 | 9.82 | 9.59 | 10.71 | 9.30 | 1.244 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 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 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 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 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 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.
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 coming down
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 but selling is losing 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 and Eltek (ELTK) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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.
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 coming down
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 but selling is losing 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 and Eltek (ELTK) stock is trading below this level. This means that stock is falling with high volumes. 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.