(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 2024-10-22 View latest technical analysis
10 day averaged volume of Eltek is 19880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 10.49 | 10.50 | 10.55 | 10.45 | 0.176 times |
| 21 Mon Oct 2024 | 10.56 | 10.50 | 10.72 | 10.50 | 1.112 times |
| 18 Fri Oct 2024 | 10.31 | 10.52 | 10.60 | 10.31 | 0.453 times |
| 17 Thu Oct 2024 | 10.69 | 10.41 | 10.80 | 10.23 | 1.056 times |
| 16 Wed Oct 2024 | 10.50 | 10.72 | 10.72 | 10.48 | 0.89 times |
| 15 Tue Oct 2024 | 10.69 | 10.58 | 10.70 | 10.51 | 1.247 times |
| 14 Mon Oct 2024 | 10.58 | 10.36 | 10.59 | 10.36 | 0.76 times |
| 11 Fri Oct 2024 | 10.43 | 10.73 | 10.73 | 10.39 | 0.674 times |
| 10 Thu Oct 2024 | 10.69 | 10.57 | 10.78 | 10.40 | 1.016 times |
| 09 Wed Oct 2024 | 10.61 | 10.75 | 10.90 | 10.60 | 0.83 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.4 as stoploss in an intra day buy trade for a target of 10.61. However, stock will show a bearish move below 10.4.
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 |
| Downside Target | 10.19 |
| Upside Target | 10.90 |
| 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 | 10.39 |
| Downside Intraday Target | 10.28 |
| Upside Intraday Target | 10.66 |
| Upside Intraday Target | 10.82 |
| Upside Intraday Target | 10.55 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 10.49 | 10.50 | 10.72 | 10.45 | 0.292 times |
| 18 Fri Oct 2024 | 10.31 | 10.36 | 10.80 | 10.23 | 0.646 times |
| 11 Fri Oct 2024 | 10.43 | 10.21 | 10.90 | 10.19 | 0.409 times |
| 04 Fri Oct 2024 | 10.48 | 10.58 | 11.04 | 9.85 | 7.641 times |
| 27 Fri Sep 2024 | 10.73 | 10.89 | 11.04 | 10.52 | 0.861 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 |
| 22 Tue Oct 2024 | 10.49 | 10.72 | 11.04 | 9.85 | 2.04 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, and volume has increased substantially. This means that the move can 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Eltek ( (ELTK) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Eltek ( (ELTK) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining momentum.
MACD generated a SELL signal for Eltek in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 but selling 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 10.59 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Eltek ( (ELTK) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Eltek ( (ELTK) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining momentum.
MACD generated a SELL signal for Eltek in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 but selling 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 10.59 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.