(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 2024-09-26 View latest technical analysis
10 day averaged volume of Eltek is 9980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 10.74 | 10.75 | 10.81 | 10.62 | 0.471 times |
| 25 Wed Sep 2024 | 10.74 | 10.53 | 10.74 | 10.53 | 0.611 times |
| 24 Tue Sep 2024 | 10.52 | 10.70 | 10.75 | 10.52 | 0.882 times |
| 23 Mon Sep 2024 | 10.73 | 10.89 | 11.04 | 10.65 | 1.373 times |
| 20 Fri Sep 2024 | 11.02 | 10.94 | 11.02 | 10.61 | 1.022 times |
| 19 Thu Sep 2024 | 11.06 | 10.97 | 11.08 | 10.90 | 1.313 times |
| 18 Wed Sep 2024 | 10.98 | 10.85 | 10.98 | 10.74 | 1.052 times |
| 17 Tue Sep 2024 | 10.77 | 10.83 | 10.88 | 10.71 | 0.862 times |
| 16 Mon Sep 2024 | 10.80 | 10.91 | 10.91 | 10.73 | 0.802 times |
| 13 Fri Sep 2024 | 10.89 | 10.74 | 10.97 | 10.74 | 0.832 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 10.7 as stoploss in an intra day buy trade for a target of 10.81. However, stock will show a bearish move below 10.7.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 9.30 |
| Downside Target | 9.55 |
| Downside Target | 10.08 |
| Downside Target | 10.40 |
| Upside Target | 10.96 |
| Upside Target | 10.97 |
| Upside Target | 11.04 |
| Upside Target | 11.08 |
| 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 | 10.49 |
| Downside Intraday Target | 10.25 |
| Upside Intraday Target | 11.01 |
| Upside Intraday Target | 11.29 |
| Upside Intraday Target | 10.77 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 10.74 | 10.89 | 11.04 | 10.52 | 0.661 times |
| 20 Fri Sep 2024 | 11.02 | 10.91 | 11.08 | 10.61 | 0.419 times |
| 13 Fri Sep 2024 | 10.89 | 10.90 | 10.97 | 10.60 | 2.174 times |
| 06 Fri Sep 2024 | 10.96 | 10.61 | 10.96 | 10.40 | 6.356 times |
| 30 Fri Aug 2024 | 10.69 | 10.67 | 10.70 | 10.51 | 0.134 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 |
| 26 Thu Sep 2024 | 10.74 | 10.61 | 11.08 | 10.40 | 0.377 times |
| 30 Fri Aug 2024 | 10.69 | 9.85 | 11.48 | 9.00 | 1.346 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 |
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 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 mid to longer 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.
ADX buy sell signal for Eltek stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Eltek in short term but the sell signal is initial and weak.
Eltek Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Eltek in short term but BUY signal is weak.
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 10.84 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 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 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 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 mid to longer 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.
ADX buy sell signal for Eltek stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Eltek in short term but the sell signal is initial and weak.
Eltek Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Eltek in short term but BUY signal is weak.
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 10.84 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.