(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 2024-10-03 View latest technical analysis
10 day averaged volume of Eltek is 33000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 10.32 | 10.31 | 10.40 | 10.05 | 0.803 times |
| 02 Wed Oct 2024 | 10.30 | 10.00 | 10.75 | 9.85 | 6.261 times |
| 01 Tue Oct 2024 | 11.04 | 10.72 | 11.04 | 10.68 | 1.409 times |
| 30 Mon Sep 2024 | 10.91 | 10.58 | 10.91 | 10.58 | 0.309 times |
| 27 Fri Sep 2024 | 10.73 | 10.71 | 10.81 | 10.63 | 0.306 times |
| 26 Thu Sep 2024 | 10.74 | 10.75 | 10.81 | 10.62 | 0.142 times |
| 25 Wed Sep 2024 | 10.74 | 10.53 | 10.74 | 10.53 | 0.185 times |
| 24 Tue Sep 2024 | 10.52 | 10.70 | 10.75 | 10.52 | 0.267 times |
| 23 Mon Sep 2024 | 10.73 | 10.89 | 11.04 | 10.65 | 0.415 times |
| 20 Fri Sep 2024 | 11.02 | 10.94 | 11.02 | 10.61 | 0.309 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 10.3, for a target of 10.6 or 10.79
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 9.30 |
| Downside Target | 9.55 |
| Downside Target | 9.85 |
| Upside Target | 10.40 |
| Upside Target | 10.96 |
| Upside Target | 11.04 |
| Upside Target | 11.08 |
| Upside Target | 11.48 |
| Upside Target | 12.08 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 9.77 |
| Downside Intraday Target | 9.21 |
| Upside Intraday Target | 10.96 |
| Upside Intraday Target | 11.59 |
| Upside Intraday Target | 10.4 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 10.32 | 10.58 | 11.04 | 9.85 | 6.677 times |
| 27 Fri Sep 2024 | 10.73 | 10.89 | 11.04 | 10.52 | 0.861 times |
| 20 Fri Sep 2024 | 11.02 | 10.91 | 11.08 | 10.61 | 0.419 times |
| 13 Fri Sep 2024 | 10.89 | 10.90 | 10.97 | 10.60 | 2.174 times |
| 06 Fri Sep 2024 | 10.96 | 10.61 | 10.96 | 10.40 | 6.356 times |
Price has moved down 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 |
| 03 Thu Oct 2024 | 10.32 | 10.72 | 11.04 | 9.85 | 1 times |
| 30 Mon Sep 2024 | 10.91 | 10.61 | 11.08 | 10.40 | 0.407 times |
| 30 Fri Aug 2024 | 10.69 | 9.85 | 11.48 | 9.00 | 1.346 times |
| 31 Wed Jul 2024 | 9.82 | 9.59 | 10.71 | 9.30 | 1.244 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 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 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 10.49 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 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 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 10.49 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.