(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 2024-09-05 View latest technical analysis
10 day averaged volume of Eltek is 13033
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 10.85 | 10.75 | 10.90 | 10.70 | 1.197 times |
| 04 Wed Sep 2024 | 10.84 | 10.41 | 10.84 | 10.41 | 1.504 times |
| 03 Tue Sep 2024 | 10.60 | 10.61 | 10.68 | 10.40 | 0.867 times |
| 30 Fri Aug 2024 | 10.69 | 10.67 | 10.70 | 10.51 | 0.668 times |
| 30 Fri Aug 2024 | 10.69 | 10.67 | 10.70 | 10.51 | 0.668 times |
| 29 Thu Aug 2024 | 10.66 | 10.57 | 10.90 | 10.56 | 1.12 times |
| 28 Wed Aug 2024 | 10.64 | 10.68 | 10.73 | 10.57 | 0.675 times |
| 27 Tue Aug 2024 | 10.72 | 10.60 | 10.75 | 10.49 | 1.306 times |
| 26 Mon Aug 2024 | 10.57 | 10.55 | 10.57 | 10.20 | 1.197 times |
| 23 Fri Aug 2024 | 10.58 | 10.50 | 10.67 | 10.46 | 1.335 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 11 as stoploss in an intra day sell trade for a target of 10.58. However, stock will show a bullish move above 11.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 9.55 |
| Downside Target | 9.94 |
| Downside Target | 10.71 |
| Upside Target | 10.90 |
| Upside Target | 11.48 |
| Upside Target | 12.08 |
| Upside Target | 12.47 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 10.53 |
| Downside Intraday Target | 10.22 |
| Upside Intraday Target | 11.03 |
| Upside Intraday Target | 11.22 |
| Downside Intraday Target | 10.72 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 10.85 | 10.61 | 10.90 | 10.40 | 5.345 times |
| 30 Fri Aug 2024 | 10.69 | 10.67 | 10.70 | 10.51 | 0.134 times |
| 30 Fri Aug 2024 | 10.69 | 10.55 | 10.90 | 10.20 | 0.529 times |
| 23 Fri Aug 2024 | 10.58 | 10.00 | 10.67 | 9.94 | 0.389 times |
| 16 Fri Aug 2024 | 9.94 | 10.25 | 11.48 | 9.14 | 2.582 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 |
| 05 Thu Sep 2024 | 10.85 | 10.61 | 10.90 | 10.40 | 0.068 times |
| 30 Fri Aug 2024 | 10.69 | 9.85 | 11.48 | 9.00 | 1.346 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 |
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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 BUY. 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.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Eltek in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 10.69 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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 BUY. 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.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Eltek in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 10.69 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.