(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 2024-07-22 View latest technical analysis
10 day averaged volume of Eltek is 24333
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 10.05 | 10.34 | 10.34 | 10.04 | 0.506 times |
| 19 Fri Jul 2024 | 10.18 | 10.35 | 10.42 | 10.03 | 0.842 times |
| 18 Thu Jul 2024 | 10.35 | 10.51 | 10.56 | 10.35 | 0.889 times |
| 17 Wed Jul 2024 | 10.61 | 10.30 | 10.71 | 10.30 | 1.446 times |
| 16 Tue Jul 2024 | 10.62 | 10.49 | 10.69 | 10.43 | 1.036 times |
| 15 Mon Jul 2024 | 10.28 | 9.89 | 10.37 | 9.78 | 1.471 times |
| 12 Fri Jul 2024 | 9.79 | 9.59 | 9.89 | 9.55 | 0.867 times |
| 11 Thu Jul 2024 | 9.89 | 9.68 | 9.92 | 9.68 | 0.986 times |
| 10 Wed Jul 2024 | 9.65 | 9.47 | 9.65 | 9.47 | 0.6 times |
| 09 Tue Jul 2024 | 9.56 | 9.55 | 9.67 | 9.40 | 0.764 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 10.2 as stoploss in an intra day sell trade for a target of 9.84. However, stock will show a bullish move above 10.2.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.30 |
| Downside Target | 10.04 |
| Upside Target | 10.08 |
| Upside Target | 10.34 |
| Upside Target | 10.71 |
| 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 | 9.95 |
| Downside Intraday Target | 9.84 |
| Upside Intraday Target | 10.25 |
| Upside Intraday Target | 10.44 |
| Upside Intraday Target | 10.14 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 10.05 | 10.34 | 10.34 | 10.04 | 0.089 times |
| 19 Fri Jul 2024 | 10.18 | 9.89 | 10.71 | 9.78 | 1.317 times |
| 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 |
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 |
| 22 Mon Jul 2024 | 10.05 | 9.59 | 10.71 | 9.30 | 0.886 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 gaining momentum.
MACD generated a BUY signal for Eltek in short term but the buy signal is initial and weak.
Eltek Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 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 10.17 and Eltek (ELTK) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 gaining momentum.
MACD generated a BUY signal for Eltek in short term but the buy signal is initial and weak.
Eltek Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 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 10.17 and Eltek (ELTK) stock is trading below this level. This means that stock is falling with high volumes. 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.