(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 2024-07-29 View latest technical analysis
10 day averaged volume of Eltek is 22785
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 9.94 | 9.95 | 10.05 | 9.83 | 0.399 times |
| 26 Fri Jul 2024 | 9.87 | 9.94 | 10.04 | 9.82 | 0.685 times |
| 25 Thu Jul 2024 | 9.79 | 10.17 | 10.18 | 9.79 | 1.167 times |
| 24 Wed Jul 2024 | 10.17 | 10.02 | 10.24 | 10.02 | 0.72 times |
| 23 Tue Jul 2024 | 10.12 | 10.13 | 10.32 | 10.05 | 0.816 times |
| 22 Mon Jul 2024 | 10.05 | 10.34 | 10.34 | 10.04 | 0.541 times |
| 19 Fri Jul 2024 | 10.18 | 10.35 | 10.42 | 10.03 | 0.9 times |
| 18 Thu Jul 2024 | 10.35 | 10.51 | 10.56 | 10.35 | 0.95 times |
| 17 Wed Jul 2024 | 10.61 | 10.30 | 10.71 | 10.30 | 1.545 times |
| 16 Tue Jul 2024 | 10.62 | 10.49 | 10.69 | 10.43 | 1.106 times |
My analysis of stock is bullish for shortterm, and stock might move up till 10.3 or till 10.7. Use a stoploss of 9.91 and if this stock hits its stoploss, then it can fall down till 9.54
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.30 |
| Upside Target | 10.05 |
| Upside Target | 10.08 |
| Upside Target | 10.34 |
| Upside Target | 10.71 |
| Upside Target | 11.30 |
| Upside Target | 12.08 |
| Upside Target | 12.47 |
| Upside Target | 14.17 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 9.83 |
| Downside Intraday Target | 9.72 |
| Upside Intraday Target | 10.05 |
| Upside Intraday Target | 10.16 |
| Downside Intraday Target | 9.94 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 9.94 | 9.95 | 10.05 | 9.83 | 0.102 times |
| 26 Fri Jul 2024 | 9.87 | 10.34 | 10.34 | 9.79 | 0.647 times |
| 19 Fri Jul 2024 | 10.18 | 9.89 | 10.71 | 9.78 | 1.317 times |
| 12 Fri Jul 2024 | 9.79 | 9.45 | 9.92 | 9.36 | 4.217 times |
| 05 Fri Jul 2024 | 9.51 | 9.41 | 9.54 | 9.40 | 0.3 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 |
| 29 Mon Jul 2024 | 9.94 | 9.59 | 10.71 | 9.30 | 1.096 times |
| 28 Fri Jun 2024 | 9.75 | 11.89 | 12.08 | 9.55 | 0.492 times |
| 31 Fri May 2024 | 11.91 | 10.78 | 12.47 | 10.08 | 0.688 times |
| 30 Tue Apr 2024 | 10.86 | 11.05 | 11.30 | 9.71 | 0.446 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 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 losing momentum.
MACD generated a BUY signal for Eltek in short term but the buy signal is initial and weak.
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 buy signal for Eltek in short term but BUY signal is weak.
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 10.23 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 losing momentum.
MACD generated a BUY signal for Eltek in short term but the buy signal is initial and weak.
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 buy signal for Eltek in short term but BUY signal is weak.
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 10.23 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.