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(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 2025-01-23 View latest technical analysis

10 day averaged volume of Eltek is 10130

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	11.25	11.34	11.40	11.23	0.336 times
22 Wed Jan 2025	11.32	11.17	11.45	11.16	0.869 times
21 Tue Jan 2025	11.39	11.10	11.45	11.10	1.244 times
17 Fri Jan 2025	11.07	11.10	11.15	11.04	0.336 times
17 Fri Jan 2025	11.07	11.10	11.15	11.04	0.336 times
16 Thu Jan 2025	11.35	10.96	11.35	10.96	0.612 times
15 Wed Jan 2025	11.07	10.86	11.18	10.86	1.826 times
14 Tue Jan 2025	11.00	10.95	11.06	10.95	0.938 times
13 Mon Jan 2025	10.72	10.79	11.07	10.72	1.807 times
10 Fri Jan 2025	11.06	11.45	11.45	10.82	0.908 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 11.3 as stoploss in an intra day sell trade for a target of 11.14. However, stock will show a bullish move above 11.3.

Share price targets for Eltek (ELTK)

Target Type	Value
Downside Target	9.85
Downside Target	10.40
Downside Target	11.10
Downside Target	11.15
Upside Target	11.35
Upside Target	11.45
Upside Target	11.47
Upside Target	11.50
Upside Target	12.00

Intraday share price targets for Eltek (ELTK)

Target Type	Value
Downside Intraday Target	11.08
Downside Intraday Target	10.92
Upside Intraday Target	11.43
Upside Intraday Target	11.62
Upside Intraday Target	11.27

Weekly technical analysis of Eltek (ELTK)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	11.25	11.10	11.45	11.10	7.294 times
17 Fri Jan 2025	11.07	11.10	11.15	11.04	0.061 times
17 Fri Jan 2025	11.07	10.79	11.35	10.72	2.714 times
10 Fri Jan 2025	11.06	11.16	11.47	10.82	0.439 times
08 Wed Jan 2025	11.33	10.89	11.47	10.89	0.941 times

Price has moved up 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
23 Thu Jan 2025	11.25	11.18	11.47	10.72	0.446 times
31 Tue Dec 2024	11.06	10.49	11.50	9.91	0.982 times
26 Tue Nov 2024	11.04	10.59	12.00	10.55	0.584 times
31 Thu Oct 2024	10.79	10.72	11.04	9.85	2.389 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 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 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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Eltek in short term but SELL 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

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 11.09 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.