(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 2024-08-15 View latest technical analysis
10 day averaged volume of Eltek is 29510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 10.00 | 9.48 | 10.15 | 9.14 | 5.208 times |
| 14 Wed Aug 2024 | 11.20 | 11.13 | 11.35 | 11.13 | 0.434 times |
| 13 Tue Aug 2024 | 11.24 | 11.40 | 11.40 | 11.01 | 1.071 times |
| 12 Mon Aug 2024 | 11.36 | 10.25 | 11.48 | 10.25 | 2.491 times |
| 09 Fri Aug 2024 | 10.01 | 10.04 | 10.12 | 9.98 | 1.328 times |
| 08 Thu Aug 2024 | 10.10 | 9.52 | 10.20 | 9.52 | 1.166 times |
| 07 Wed Aug 2024 | 9.59 | 9.66 | 9.72 | 9.52 | 0.356 times |
| 06 Tue Aug 2024 | 9.50 | 9.76 | 9.89 | 9.50 | 0.705 times |
| 05 Mon Aug 2024 | 9.65 | 9.00 | 9.65 | 9.00 | 0.569 times |
| 02 Fri Aug 2024 | 9.39 | 9.68 | 9.77 | 9.39 | 1.013 times |
Stock of Eltek (ELTK) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 9.5 or till 8.9. Use a stoploss of 10.08 and if the stock hits stoploss, then it can shoot up till 10.62
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Upside Target | 10.05 |
| Upside Target | 10.20 |
| Upside Target | 10.34 |
| Upside Target | 10.71 |
| Upside Target | 11.30 |
| Upside Target | 11.48 |
| Upside Target | 12.08 |
| Upside Target | 12.47 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 8.93 |
| Downside Intraday Target | 7.87 |
| Upside Intraday Target | 11.27 |
| Upside Intraday Target | 12.55 |
| Upside Intraday Target | 10.21 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 10.00 | 10.25 | 11.48 | 9.14 | 2.232 times |
| 09 Fri Aug 2024 | 10.01 | 9.00 | 10.20 | 9.00 | 0.972 times |
| 02 Fri Aug 2024 | 9.39 | 9.95 | 10.05 | 9.39 | 1.399 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Eltek (ELTK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 10.00 | 9.85 | 11.48 | 9.00 | 0.879 times |
| 31 Wed Jul 2024 | 9.82 | 9.59 | 10.71 | 9.30 | 1.244 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 and the buy signal is strong.
Eltek Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 10.28 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 and the buy signal is strong.
Eltek Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 10.28 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.