(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 2024-04-02 View latest technical analysis
10 day averaged volume of Eltek is 86190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 10.76 | 10.71 | 10.88 | 10.59 | 0.461 times |
| 01 Mon Apr 2024 | 10.76 | 11.05 | 11.06 | 10.65 | 0.903 times |
| 28 Thu Mar 2024 | 11.14 | 10.99 | 11.41 | 10.95 | 0.468 times |
| 27 Wed Mar 2024 | 11.06 | 11.14 | 11.31 | 10.92 | 0.644 times |
| 26 Tue Mar 2024 | 11.09 | 11.75 | 11.75 | 11.08 | 0.767 times |
| 25 Mon Mar 2024 | 11.60 | 11.77 | 12.07 | 11.57 | 0.756 times |
| 22 Fri Mar 2024 | 11.92 | 11.73 | 12.11 | 11.72 | 0.608 times |
| 21 Thu Mar 2024 | 11.69 | 11.12 | 11.85 | 11.12 | 1.514 times |
| 20 Wed Mar 2024 | 11.20 | 10.60 | 11.25 | 10.46 | 1.071 times |
| 19 Tue Mar 2024 | 10.64 | 10.33 | 10.78 | 10.13 | 0.971 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.3 as stoploss in an intra day buy trade for a target of 11.5. However, stock will show a bearish move below 10.3.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 10.00 |
| Downside Target | 10.59 |
| Upside Target | 10.92 |
| Upside Target | 12.00 |
| Upside Target | 13.00 |
| Upside Target | 13.06 |
| Upside Target | 14.12 |
| Upside Target | 14.17 |
| 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 | 10.55 |
| Downside Intraday Target | 10.33 |
| Upside Intraday Target | 11.02 |
| Upside Intraday Target | 11.27 |
| Upside Intraday Target | 10.8 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 10.76 | 11.05 | 11.06 | 10.59 | 0.517 times |
| 28 Thu Mar 2024 | 11.14 | 11.77 | 12.07 | 10.92 | 0.408 times |
| 22 Fri Mar 2024 | 11.92 | 10.55 | 12.11 | 10.12 | 0.439 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 |
Price has moved down 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 |
| 02 Tue Apr 2024 | 10.76 | 11.05 | 11.06 | 10.59 | 0.043 times |
| 28 Thu Mar 2024 | 11.14 | 13.67 | 14.17 | 10.00 | 0.674 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 |
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 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Eltek in short term and SELL 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 11.22 and Eltek (ELTK) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Eltek in short term and SELL 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 11.22 and Eltek (ELTK) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.