(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 2024-08-27 View latest technical analysis
10 day averaged volume of Eltek is 37857
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 10.72 | 10.60 | 10.75 | 10.49 | 0.45 times |
| 26 Mon Aug 2024 | 10.57 | 10.55 | 10.57 | 10.20 | 0.412 times |
| 23 Fri Aug 2024 | 10.58 | 10.50 | 10.67 | 10.46 | 0.46 times |
| 22 Thu Aug 2024 | 10.52 | 10.51 | 10.57 | 10.45 | 0.227 times |
| 21 Wed Aug 2024 | 10.50 | 10.12 | 10.51 | 10.00 | 1.524 times |
| 20 Tue Aug 2024 | 9.99 | 9.96 | 10.15 | 9.94 | 0.187 times |
| 19 Mon Aug 2024 | 10.01 | 10.00 | 10.31 | 10.00 | 0.832 times |
| 16 Fri Aug 2024 | 9.94 | 9.38 | 10.00 | 9.38 | 1.125 times |
| 15 Thu Aug 2024 | 10.00 | 9.48 | 10.15 | 9.14 | 4.06 times |
| 14 Wed Aug 2024 | 11.20 | 11.13 | 11.35 | 11.13 | 0.338 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 10.8 as stoploss in an intra day sell trade for a target of 10.22. However, stock will show a bullish move above 10.8.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 9.94 |
| Downside Target | 10.20 |
| Downside Target | 10.67 |
| Downside Target | 10.71 |
| Upside Target | 10.75 |
| Upside Target | 11.30 |
| Upside Target | 11.48 |
| Upside Target | 12.08 |
| Upside Target | 12.47 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 10.36 |
| Downside Intraday Target | 10.01 |
| Upside Intraday Target | 10.91 |
| Upside Intraday Target | 11.11 |
| Downside Intraday Target | 10.56 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 10.72 | 10.55 | 10.75 | 10.20 | 0.267 times |
| 23 Fri Aug 2024 | 10.58 | 10.00 | 10.67 | 9.94 | 0.389 times |
| 16 Fri Aug 2024 | 9.94 | 10.25 | 11.48 | 9.14 | 2.582 times |
| 09 Fri Aug 2024 | 10.01 | 9.00 | 10.20 | 9.00 | 0.972 times |
| 02 Fri Aug 2024 | 9.39 | 9.95 | 10.05 | 9.39 | 1.399 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 |
| 27 Tue Aug 2024 | 10.72 | 9.85 | 11.48 | 9.00 | 1.266 times |
| 31 Wed Jul 2024 | 9.82 | 9.59 | 10.71 | 9.30 | 1.244 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 |
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 SELL. Signal strength is Weak 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Eltek in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 10.21 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 SELL. Signal strength is Weak 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Eltek in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 10.21 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.