(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.
10 day averaged volume of Eltek is 39240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 10.25 | 10.40 | 10.48 | 10.23 | 0.556 times |
| 07 Tue May 2024 | 10.37 | 10.31 | 10.64 | 10.31 | 1.017 times |
| 06 Mon May 2024 | 10.29 | 10.69 | 11.23 | 10.08 | 3.206 times |
| 03 Fri May 2024 | 10.69 | 10.84 | 10.99 | 10.45 | 0.92 times |
| 02 Thu May 2024 | 10.63 | 10.71 | 10.83 | 10.63 | 0.864 times |
| 01 Wed May 2024 | 10.80 | 10.78 | 11.06 | 10.68 | 0.545 times |
| 30 Tue Apr 2024 | 10.86 | 10.67 | 11.20 | 10.67 | 0.708 times |
| 29 Mon Apr 2024 | 10.67 | 10.90 | 11.09 | 10.66 | 0.813 times |
| 26 Fri Apr 2024 | 10.90 | 11.02 | 11.25 | 10.86 | 1.244 times |
| 25 Thu Apr 2024 | 11.17 | 11.10 | 11.17 | 10.67 | 0.474 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 10.2 as stoploss in an intra day buy trade for a target of 10.61. However, stock will show a bearish move below 10.2.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.71 |
| Downside Target | 10.00 |
| Upside Target | 10.45 |
| Upside Target | 10.75 |
| Upside Target | 11.20 |
| Upside Target | 11.30 |
| Upside Target | 13.00 |
| Upside Target | 13.06 |
| Upside Target | 14.17 |
| Upside Target | 20.19 |
| Upside Target | 22.80 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 9.81 |
| Downside Intraday Target | 9.37 |
| Upside Intraday Target | 10.96 |
| Upside Intraday Target | 11.67 |
| Upside Intraday Target | 10.52 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 10.25 | 10.69 | 11.23 | 10.08 | 1.241 times |
| 03 Fri May 2024 | 10.69 | 10.90 | 11.20 | 10.45 | 1.07 times |
| 26 Fri Apr 2024 | 10.90 | 11.08 | 11.25 | 10.53 | 0.432 times |
| 19 Fri Apr 2024 | 10.91 | 9.75 | 11.30 | 9.75 | 0.736 times |
| 12 Fri Apr 2024 | 9.73 | 10.75 | 10.75 | 9.71 | 1.843 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 |
| 08 Wed May 2024 | 10.25 | 10.78 | 11.23 | 10.08 | 0.23 times |
| 30 Tue Apr 2024 | 10.86 | 11.05 | 11.30 | 9.71 | 0.446 times |
| 28 Thu Mar 2024 | 11.14 | 13.67 | 14.17 | 10.00 | 0.674 times |
| 29 Thu Feb 2024 | 13.98 | 17.16 | 22.80 | 13.06 | 1.681 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 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 short 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 short to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Eltek in short term but the buy signal is initial and weak.
Eltek Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 10.57 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 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 short 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 short to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Eltek in short term but the buy signal is initial and weak.
Eltek Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 10.57 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.