(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 2024-03-21 View latest technical analysis
10 day averaged volume of Eltek is 182520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 11.69 | 11.12 | 11.85 | 11.12 | 0.715 times |
| 20 Wed Mar 2024 | 11.20 | 10.60 | 11.25 | 10.46 | 0.506 times |
| 19 Tue Mar 2024 | 10.64 | 10.33 | 10.78 | 10.13 | 0.459 times |
| 18 Mon Mar 2024 | 10.48 | 10.55 | 10.65 | 10.12 | 1.085 times |
| 15 Fri Mar 2024 | 10.58 | 10.24 | 10.72 | 10.23 | 0.442 times |
| 14 Thu Mar 2024 | 10.42 | 10.40 | 10.46 | 10.00 | 0.606 times |
| 13 Wed Mar 2024 | 10.40 | 10.60 | 10.93 | 10.16 | 0.919 times |
| 12 Tue Mar 2024 | 10.65 | 10.59 | 11.14 | 10.40 | 0.908 times |
| 11 Mon Mar 2024 | 10.66 | 12.06 | 12.06 | 10.31 | 4.081 times |
| 08 Fri Mar 2024 | 13.91 | 13.67 | 14.04 | 13.56 | 0.476 times |
My analysis of stock is bearish for shortterm, and stock might move down till 10.9 or till 9.1. Use a stoploss of 12.35 and if the stock hits stoploss, then it can shoot up till 13.84
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.01 |
| Downside Target | 10.00 |
| Upside Target | 11.85 |
| 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 | 10.59 |
| Downside Intraday Target | 9.49 |
| Upside Intraday Target | 12.32 |
| Upside Intraday Target | 12.95 |
| Downside Intraday Target | 11.22 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 11.69 | 10.55 | 11.85 | 10.12 | 0.397 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 |
| 21 Thu Mar 2024 | 11.69 | 13.67 | 14.17 | 10.00 | 0.604 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Eltek in short term but the buy 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 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 in or above the red 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 10.85 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Eltek in short term but the buy 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 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 in or above the red 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 10.85 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.