(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 2024-11-20 View latest technical analysis
10 day averaged volume of Eltek is 22540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Nov 2024 | 11.63 | 11.56 | 11.71 | 11.19 | 1.038 times |
| 19 Tue Nov 2024 | 11.65 | 11.24 | 12.00 | 11.20 | 4.068 times |
| 18 Mon Nov 2024 | 11.24 | 10.89 | 11.45 | 10.89 | 1.517 times |
| 15 Fri Nov 2024 | 11.01 | 11.03 | 11.12 | 10.83 | 0.683 times |
| 14 Thu Nov 2024 | 11.06 | 11.10 | 11.18 | 11.05 | 0.35 times |
| 13 Wed Nov 2024 | 11.17 | 10.76 | 11.20 | 10.76 | 0.714 times |
| 12 Tue Nov 2024 | 11.00 | 10.85 | 11.00 | 10.60 | 0.865 times |
| 11 Mon Nov 2024 | 10.88 | 10.60 | 10.88 | 10.60 | 0.395 times |
| 08 Fri Nov 2024 | 10.72 | 10.85 | 10.91 | 10.56 | 0.51 times |
| 07 Thu Nov 2024 | 11.00 | 10.95 | 11.00 | 10.87 | 0.617 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 11.6, for a target of 11.2 or 10.9
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 9.30 |
| Downside Target | 9.85 |
| Downside Target | 10.27 |
| Downside Target | 10.89 |
| Downside Target | 11.00 |
| Downside Target | 11.04 |
| Downside Target | 11.08 |
| Downside Target | 11.20 |
| Downside Target | 11.48 |
| Upside Target | 12.00 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 11.01 |
| Downside Intraday Target | 10.4 |
| Upside Intraday Target | 12.12 |
| Upside Intraday Target | 12.62 |
| Downside Intraday Target | 11.51 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Nov 2024 | 11.63 | 10.89 | 12.00 | 10.89 | 2.202 times |
| 15 Fri Nov 2024 | 11.01 | 10.60 | 11.20 | 10.60 | 1.092 times |
| 08 Fri Nov 2024 | 10.72 | 10.59 | 11.00 | 10.55 | 0.731 times |
| 01 Fri Nov 2024 | 10.79 | 10.45 | 10.84 | 10.33 | 1.761 times |
| 25 Fri Oct 2024 | 10.44 | 10.50 | 10.72 | 10.27 | 0.55 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 |
| 20 Wed Nov 2024 | 11.63 | 10.59 | 12.00 | 10.55 | 0.433 times |
| 31 Thu Oct 2024 | 10.79 | 10.72 | 11.04 | 9.85 | 2.389 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 |
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 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 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 Strong and stock is losing 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 coming down
CCI has generated a SELL signal for Eltek in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 11.34 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 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 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 Strong and stock is losing 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 coming down
CCI has generated a SELL signal for Eltek in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 11.34 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.