(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 2024-06-07 View latest technical analysis
10 day averaged volume of Eltek is 36300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 10.89 | 10.70 | 10.97 | 10.49 | 0.78 times |
| 06 Thu Jun 2024 | 10.84 | 11.37 | 11.50 | 10.77 | 0.694 times |
| 05 Wed Jun 2024 | 11.47 | 12.00 | 12.08 | 11.41 | 0.937 times |
| 04 Tue Jun 2024 | 11.97 | 11.72 | 11.98 | 11.51 | 0.606 times |
| 03 Mon Jun 2024 | 11.73 | 11.89 | 11.99 | 11.66 | 0.501 times |
| 31 Fri May 2024 | 11.91 | 11.85 | 12.22 | 11.77 | 0.634 times |
| 30 Thu May 2024 | 11.83 | 11.96 | 12.29 | 11.83 | 0.785 times |
| 29 Wed May 2024 | 12.19 | 11.93 | 12.30 | 11.73 | 1.647 times |
| 28 Tue May 2024 | 11.94 | 11.91 | 12.00 | 11.66 | 0.769 times |
| 23 Thu May 2024 | 11.26 | 12.08 | 12.47 | 11.20 | 1.868 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 10.6 as stoploss in an intra day buy trade for a target of 11.22. However, stock will show a bearish move below 10.6.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.71 |
| Downside Target | 10.00 |
| Downside Target | 10.40 |
| Upside Target | 11.03 |
| Upside Target | 11.66 |
| Upside Target | 12.08 |
| Upside Target | 12.30 |
| Upside Target | 12.47 |
| Upside Target | 13.06 |
| Upside Target | 14.17 |
| Upside Target | 22.80 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 10.23 |
| Downside Intraday Target | 9.56 |
| Upside Intraday Target | 11.82 |
| Upside Intraday Target | 12.74 |
| Upside Intraday Target | 11.15 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 10.89 | 11.89 | 12.08 | 10.49 | 0.917 times |
| 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 |
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 |
| 07 Fri Jun 2024 | 10.89 | 11.89 | 12.08 | 10.49 | 0.153 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 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 mid to longer 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
ADX buy sell signal for Eltek stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Eltek in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 11.61 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 negative.
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 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 mid to longer 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
ADX buy sell signal for Eltek stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Eltek in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 11.61 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.