(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 2024-08-21 View latest technical analysis
10 day averaged volume of Eltek is 43687
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 10.50 | 10.12 | 10.51 | 10.00 | 1.321 times |
| 20 Tue Aug 2024 | 9.99 | 9.96 | 10.15 | 9.94 | 0.162 times |
| 19 Mon Aug 2024 | 10.01 | 10.00 | 10.31 | 10.00 | 0.721 times |
| 16 Fri Aug 2024 | 9.94 | 9.38 | 10.00 | 9.38 | 0.975 times |
| 15 Thu Aug 2024 | 10.00 | 9.48 | 10.15 | 9.14 | 3.518 times |
| 14 Wed Aug 2024 | 11.20 | 11.13 | 11.35 | 11.13 | 0.293 times |
| 13 Tue Aug 2024 | 11.24 | 11.40 | 11.40 | 11.01 | 0.723 times |
| 12 Mon Aug 2024 | 11.36 | 10.25 | 11.48 | 10.25 | 1.682 times |
| 09 Fri Aug 2024 | 10.01 | 10.04 | 10.12 | 9.98 | 0.897 times |
| 08 Thu Aug 2024 | 10.10 | 9.52 | 10.20 | 9.52 | 0.787 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 10.6 as stoploss in an intra day sell trade for a target of 10.08. However, stock will show a bullish move above 10.6.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 10.20 |
| Downside Target | 10.34 |
| Upside Target | 10.51 |
| 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 | 10.12 |
| Downside Intraday Target | 9.75 |
| Upside Intraday Target | 10.69 |
| Upside Intraday Target | 10.89 |
| Downside Intraday Target | 10.32 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 10.50 | 10.00 | 10.51 | 9.94 | 0.306 times |
| 16 Fri Aug 2024 | 9.94 | 10.25 | 11.48 | 9.14 | 2.582 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 |
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 Wed Aug 2024 | 10.50 | 9.85 | 11.48 | 9.00 | 1.151 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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.
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 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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Eltek is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.38 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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.
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 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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Eltek is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.38 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.