(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 2024-07-12 View latest technical analysis
10 day averaged volume of Eltek is 20200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 9.79 | 9.59 | 9.89 | 9.55 | 1.045 times |
| 11 Thu Jul 2024 | 9.89 | 9.68 | 9.92 | 9.68 | 1.188 times |
| 10 Wed Jul 2024 | 9.65 | 9.47 | 9.65 | 9.47 | 0.723 times |
| 09 Tue Jul 2024 | 9.56 | 9.55 | 9.67 | 9.40 | 0.921 times |
| 08 Mon Jul 2024 | 9.46 | 9.45 | 9.87 | 9.36 | 1.322 times |
| 05 Fri Jul 2024 | 9.51 | 9.40 | 9.54 | 9.40 | 0.569 times |
| 03 Wed Jul 2024 | 9.45 | 9.41 | 9.53 | 9.40 | 0.663 times |
| 03 Wed Jul 2024 | 9.45 | 9.41 | 9.53 | 9.40 | 0.663 times |
| 02 Tue Jul 2024 | 9.48 | 9.41 | 9.59 | 9.40 | 1.015 times |
| 01 Mon Jul 2024 | 9.45 | 9.59 | 9.73 | 9.30 | 2.431 times |
My analysis of stock is bullish for shortterm, and stock might move up till 10.1 or till 10.4. Use a stoploss of 9.76 and if this stock hits its stoploss, then it can fall down till 9.46
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.30 |
| Upside Target | 9.92 |
| Upside Target | 9.96 |
| Upside Target | 10.00 |
| Upside Target | 10.08 |
| Upside Target | 10.59 |
| 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 | 9.46 |
| Downside Intraday Target | 9.13 |
| Upside Intraday Target | 10.02 |
| Upside Intraday Target | 10.25 |
| Downside Intraday Target | 9.69 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 9.79 | 9.45 | 9.92 | 9.36 | 4.217 times |
| 05 Fri Jul 2024 | 9.51 | 9.41 | 9.54 | 9.40 | 0.3 times |
| 03 Wed Jul 2024 | 9.45 | 9.59 | 9.73 | 9.30 | 0.949 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 |
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 |
| 12 Fri Jul 2024 | 9.79 | 9.59 | 9.92 | 9.30 | 0.519 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Eltek in short term but the buy signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 9.56 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Eltek in short term but the buy signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 9.56 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.