(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 2024-10-01 View latest technical analysis
10 day averaged volume of Eltek is 9600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 11.04 | 10.72 | 11.04 | 10.68 | 4.844 times |
| 30 Mon Sep 2024 | 10.91 | 10.58 | 10.91 | 10.58 | 1.063 times |
| 27 Fri Sep 2024 | 10.73 | 10.71 | 10.81 | 10.63 | 1.052 times |
| 26 Thu Sep 2024 | 10.74 | 10.75 | 10.81 | 10.62 | 0.49 times |
| 25 Wed Sep 2024 | 10.74 | 10.53 | 10.74 | 10.53 | 0.635 times |
| 24 Tue Sep 2024 | 10.52 | 10.70 | 10.75 | 10.52 | 0.917 times |
| 23 Mon Sep 2024 | 10.73 | 10.89 | 11.04 | 10.65 | 1.427 times |
| 20 Fri Sep 2024 | 11.02 | 10.94 | 11.02 | 10.61 | 1.063 times |
| 19 Thu Sep 2024 | 11.06 | 10.97 | 11.08 | 10.90 | 1.365 times |
| 18 Wed Sep 2024 | 10.98 | 10.85 | 10.98 | 10.74 | 1.094 times |
Stock of Eltek (ELTK) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11, but if it comes below 11, then a intra day sell could be more profitable.
If you take a sell trade below 11, then use 11 as stoploss and 10.84 as target. However if you take a buy trade in stock , then use 11 as stoploss and 11.1 as target.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 9.30 |
| Downside Target | 9.55 |
| Downside Target | 10.40 |
| Downside Target | 10.96 |
| Downside Target | 11.04 |
| Upside Target | 11.08 |
| Upside Target | 11.48 |
| Upside Target | 12.08 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 10.73 |
| Downside Intraday Target | 10.43 |
| Upside Intraday Target | 11.19 |
| Upside Intraday Target | 11.35 |
| Downside Intraday Target | 10.89 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 11.04 | 10.58 | 11.04 | 10.58 | 1.306 times |
| 27 Fri Sep 2024 | 10.73 | 10.89 | 11.04 | 10.52 | 0.861 times |
| 20 Fri Sep 2024 | 11.02 | 10.91 | 11.08 | 10.61 | 0.419 times |
| 13 Fri Sep 2024 | 10.89 | 10.90 | 10.97 | 10.60 | 2.174 times |
| 06 Fri Sep 2024 | 10.96 | 10.61 | 10.96 | 10.40 | 6.356 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 |
| 01 Tue Oct 2024 | 11.04 | 10.72 | 11.04 | 10.68 | 0.166 times |
| 30 Mon Sep 2024 | 10.91 | 10.61 | 11.08 | 10.40 | 0.407 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 |
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 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 neutral. A longer time frame might give a better analysis.
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 SELL signal for Eltek in short term but the sell 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. 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
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 10.91 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 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 neutral. A longer time frame might give a better analysis.
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 SELL signal for Eltek in short term but the sell 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. 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
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 10.91 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.