(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 2024-03-19 View latest technical analysis
10 day averaged volume of Eltek is 183620
Date | Daily Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 10.64 | 10.33 | 10.78 | 10.13 | 0.456 times |
18 Mon Mar 2024 | 10.48 | 10.55 | 10.65 | 10.12 | 1.079 times |
15 Fri Mar 2024 | 10.58 | 10.24 | 10.72 | 10.23 | 0.439 times |
14 Thu Mar 2024 | 10.42 | 10.40 | 10.46 | 10.00 | 0.602 times |
13 Wed Mar 2024 | 10.40 | 10.60 | 10.93 | 10.16 | 0.913 times |
12 Tue Mar 2024 | 10.65 | 10.59 | 11.14 | 10.40 | 0.903 times |
11 Mon Mar 2024 | 10.66 | 12.06 | 12.06 | 10.31 | 4.056 times |
08 Fri Mar 2024 | 13.91 | 13.67 | 14.04 | 13.56 | 0.473 times |
07 Thu Mar 2024 | 13.76 | 13.95 | 13.95 | 13.40 | 0.516 times |
06 Wed Mar 2024 | 13.93 | 13.51 | 14.12 | 13.36 | 0.46 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.1, but if it comes above 11.1, then a intra day buy could be more profitable.
If you take a sell trade below 11.1, then use 11.1 as stoploss and 9.3 as target. However if you take a buy trade in stock , then use 11.1 as stoploss and 12.55 as target.
Share price targets for Eltek (ELTK)
Target Type | Value |
Downside Target | 9.01 |
Downside Target | 10.00 |
Upside Target | 10.78 |
Upside Target | 12.00 |
Upside Target | 13.00 |
Upside Target | 14.12 |
Upside Target | 14.17 |
Upside Target | 14.23 |
Upside Target | 14.52 |
Upside Target | 15.44 |
Upside Target | 16.23 |
Upside Target | 20.19 |
Upside Target | 22.80 |
Intraday share price targets for Eltek (ELTK)
Target Type | Value |
Downside Intraday Target | 10.25 |
Downside Intraday Target | 9.85 |
Upside Intraday Target | 10.91 |
Upside Intraday Target | 11.17 |
Downside Intraday Target | 10.51 |
Weekly technical analysis of Eltek (ELTK)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 10.64 | 10.55 | 10.78 | 10.12 | 0.222 times |
15 Fri Mar 2024 | 10.58 | 12.06 | 12.06 | 10.00 | 2.4 times |
08 Fri Mar 2024 | 13.91 | 13.71 | 14.12 | 13.06 | 0.737 times |
01 Fri Mar 2024 | 13.70 | 13.44 | 14.52 | 13.06 | 1.001 times |
23 Fri Feb 2024 | 13.55 | 14.89 | 15.44 | 13.11 | 0.364 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 |
19 Tue Mar 2024 | 10.64 | 13.67 | 14.17 | 10.00 | 0.549 times |
29 Thu Feb 2024 | 13.98 | 17.16 | 22.80 | 13.06 | 1.681 times |
31 Wed Jan 2024 | 17.10 | 13.68 | 20.19 | 13.00 | 0.974 times |
29 Fri Dec 2023 | 13.95 | 12.43 | 16.23 | 12.00 | 1.541 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 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 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 losing momentum.
MACD generated a SELL signal for Eltek in short term and the sell 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 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 buy signal for Eltek in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 11.07 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 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 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 losing momentum.
MACD generated a SELL signal for Eltek in short term and the sell 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 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 buy signal for Eltek in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 11.07 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.