(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 2024-05-31 View latest technical analysis
10 day averaged volume of Eltek is 43762
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 11.91 | 11.85 | 12.22 | 11.77 | 0.526 times |
| 30 Thu May 2024 | 11.83 | 11.96 | 12.29 | 11.83 | 0.651 times |
| 29 Wed May 2024 | 12.19 | 11.93 | 12.30 | 11.73 | 1.366 times |
| 28 Tue May 2024 | 11.94 | 11.91 | 12.00 | 11.66 | 0.638 times |
| 23 Thu May 2024 | 11.26 | 12.08 | 12.47 | 11.20 | 1.549 times |
| 22 Wed May 2024 | 12.10 | 11.75 | 12.39 | 11.41 | 1.293 times |
| 21 Tue May 2024 | 11.64 | 10.40 | 11.80 | 10.40 | 2.342 times |
| 20 Mon May 2024 | 10.90 | 10.99 | 11.05 | 10.51 | 0.688 times |
| 17 Fri May 2024 | 10.84 | 11.00 | 11.03 | 10.79 | 0.252 times |
| 16 Thu May 2024 | 11.00 | 10.60 | 11.00 | 10.40 | 0.63 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.7, but if it comes below 11.7, then a intra day sell could be more profitable.
If you take a sell trade below 11.7, then use 11.7 as stoploss and 10.99 as target. However if you take a buy trade in stock , then use 11.7 as stoploss and 12.5 as target.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.71 |
| Downside Target | 10.00 |
| Downside Target | 10.40 |
| Downside Target | 11.03 |
| Downside Target | 11.66 |
| Upside Target | 12.30 |
| Upside Target | 12.47 |
| Upside Target | 13.00 |
| Upside Target | 13.06 |
| Upside Target | 14.17 |
| Upside Target | 20.19 |
| Upside Target | 22.80 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 11.61 |
| Downside Intraday Target | 11.32 |
| Upside Intraday Target | 12.25 |
| Upside Intraday Target | 12.6 |
| Upside Intraday Target | 11.96 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 11.91 | 11.91 | 12.30 | 11.66 | 0.542 times |
| 23 Thu May 2024 | 11.26 | 10.99 | 12.47 | 10.40 | 2.118 times |
| 17 Fri May 2024 | 10.84 | 10.54 | 11.03 | 10.15 | 0.539 times |
| 10 Fri May 2024 | 10.45 | 10.69 | 11.23 | 10.08 | 1.491 times |
| 03 Fri May 2024 | 10.69 | 10.90 | 11.20 | 10.45 | 1.07 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 |
| 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 |
| 28 Thu Mar 2024 | 11.14 | 13.67 | 14.17 | 10.00 | 0.674 times |
| 29 Thu Feb 2024 | 13.98 | 17.16 | 22.80 | 13.06 | 1.681 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 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 BUY. Signal strength is Strong 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 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 above the green cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 11.65 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 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 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 BUY. Signal strength is Strong 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 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 above the green cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 11.65 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.