(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 2024-08-05 View latest technical analysis
10 day averaged volume of Eltek is 21477
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 9.65 | 9.00 | 9.65 | 9.00 | 0.782 times |
| 02 Fri Aug 2024 | 9.39 | 9.68 | 9.77 | 9.39 | 1.392 times |
| 01 Thu Aug 2024 | 9.76 | 9.85 | 9.99 | 9.72 | 1.192 times |
| 31 Wed Jul 2024 | 9.82 | 9.70 | 10.04 | 9.70 | 1.25 times |
| 30 Tue Jul 2024 | 9.89 | 9.86 | 10.04 | 9.73 | 1.574 times |
| 29 Mon Jul 2024 | 9.94 | 9.95 | 10.05 | 9.83 | 0.424 times |
| 26 Fri Jul 2024 | 9.87 | 9.94 | 10.04 | 9.82 | 0.726 times |
| 25 Thu Jul 2024 | 9.79 | 10.17 | 10.18 | 9.79 | 1.239 times |
| 24 Wed Jul 2024 | 10.17 | 10.02 | 10.24 | 10.02 | 0.764 times |
| 23 Tue Jul 2024 | 10.12 | 10.13 | 10.32 | 10.05 | 0.866 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 9.6 as stoploss in an intra day buy trade for a target of 9.97. However, stock will show a bearish move below 9.6.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 9.30 |
| Upside Target | 9.99 |
| 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 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 9.22 |
| Downside Intraday Target | 8.78 |
| Upside Intraday Target | 9.87 |
| Upside Intraday Target | 10.08 |
| Downside Intraday Target | 9.43 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 9.65 | 9.00 | 9.65 | 9.00 | 0.134 times |
| 02 Fri Aug 2024 | 9.39 | 9.95 | 10.05 | 9.39 | 1.399 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 |
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 |
| 05 Mon Aug 2024 | 9.65 | 9.85 | 9.99 | 9.00 | 0.142 times |
| 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 |
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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Eltek in short term and the sell signal is strong.
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 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 but selling 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 9.81 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Eltek in short term and the sell signal is strong.
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 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 but selling 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 9.81 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.