(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 2024-04-05 View latest technical analysis
10 day averaged volume of Eltek is 60630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 10.72 | 10.52 | 10.85 | 10.52 | 0.732 times |
| 04 Thu Apr 2024 | 10.62 | 10.96 | 11.06 | 10.62 | 0.803 times |
| 03 Wed Apr 2024 | 10.88 | 10.61 | 10.93 | 10.61 | 0.496 times |
| 02 Tue Apr 2024 | 10.76 | 10.71 | 10.88 | 10.59 | 0.655 times |
| 01 Mon Apr 2024 | 10.76 | 11.05 | 11.06 | 10.65 | 1.283 times |
| 28 Thu Mar 2024 | 11.14 | 10.99 | 11.41 | 10.95 | 0.665 times |
| 27 Wed Mar 2024 | 11.06 | 11.14 | 11.31 | 10.92 | 0.915 times |
| 26 Tue Mar 2024 | 11.09 | 11.75 | 11.75 | 11.08 | 1.09 times |
| 25 Mon Mar 2024 | 11.60 | 11.77 | 12.07 | 11.57 | 1.075 times |
| 22 Fri Mar 2024 | 11.92 | 11.73 | 12.11 | 11.72 | 0.864 times |
My analysis of stock is bearish for shortterm, and stock might move down till 10.3 or till 9.4. Use a stoploss of 11.06 and if the stock hits stoploss, then it can shoot up till 11.84
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 10.00 |
| Downside Target | 10.52 |
| 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 | 10.47 |
| Downside Intraday Target | 10.23 |
| Upside Intraday Target | 11.01 |
| Upside Intraday Target | 11.31 |
| Upside Intraday Target | 10.77 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 10.72 | 11.05 | 11.06 | 10.52 | 1.06 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 |
| 05 Fri Apr 2024 | 10.72 | 11.05 | 11.06 | 10.52 | 0.089 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 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 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 gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Eltek in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 11.08 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 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 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 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 gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Eltek in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 11.08 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.