(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 2024-07-02 View latest technical analysis
10 day averaged volume of Eltek is 24940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 9.48 | 9.41 | 9.59 | 9.40 | 0.822 times |
| 01 Mon Jul 2024 | 9.45 | 9.59 | 9.73 | 9.30 | 1.969 times |
| 28 Fri Jun 2024 | 9.75 | 9.63 | 9.87 | 9.60 | 0.409 times |
| 27 Thu Jun 2024 | 9.74 | 9.61 | 9.84 | 9.61 | 0.513 times |
| 26 Wed Jun 2024 | 9.73 | 9.85 | 9.85 | 9.60 | 0.838 times |
| 25 Tue Jun 2024 | 9.76 | 9.85 | 9.95 | 9.70 | 0.545 times |
| 24 Mon Jun 2024 | 9.95 | 9.59 | 9.96 | 9.59 | 1.203 times |
| 21 Fri Jun 2024 | 9.63 | 9.86 | 9.95 | 9.55 | 1.059 times |
| 20 Thu Jun 2024 | 9.97 | 10.03 | 10.39 | 9.84 | 1.46 times |
| 18 Tue Jun 2024 | 10.18 | 10.53 | 10.59 | 10.10 | 1.002 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.7, but if it comes above 9.7, then a intra day buy could be more profitable.
If you take a sell trade below 9.7, then use 9.7 as stoploss and 9 as target. However if you take a buy trade in stock , then use 9.7 as stoploss and 10.29 as target.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.30 |
| Upside Target | 9.55 |
| Upside Target | 9.96 |
| Upside Target | 10.51 |
| Upside Target | 10.59 |
| Upside Target | 10.71 |
| Upside Target | 11.11 |
| Upside Target | 11.30 |
| Upside Target | 12.08 |
| Upside Target | 12.47 |
| Upside Target | 14.17 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 9.28 |
| Downside Intraday Target | 9.07 |
| Upside Intraday Target | 9.71 |
| Upside Intraday Target | 9.93 |
| Upside Intraday Target | 9.5 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 9.48 | 9.59 | 9.73 | 9.30 | 0.795 times |
| 28 Fri Jun 2024 | 9.75 | 9.59 | 9.96 | 9.59 | 0.997 times |
| 21 Fri Jun 2024 | 9.63 | 10.53 | 10.59 | 9.55 | 2.023 times |
| 18 Tue Jun 2024 | 10.18 | 10.45 | 10.71 | 10.10 | 0.677 times |
| 14 Fri Jun 2024 | 10.51 | 10.76 | 11.11 | 10.51 | 0.502 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 |
| 02 Tue Jul 2024 | 9.48 | 9.59 | 9.73 | 9.30 | 0.17 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 |
| 30 Tue Apr 2024 | 10.86 | 11.05 | 11.30 | 9.71 | 0.446 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Eltek stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Eltek in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 9.75 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Eltek stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Eltek in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 9.75 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.