(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 2024-11-11 View latest technical analysis
10 day averaged volume of Eltek is 14700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 10.88 | 10.60 | 10.88 | 10.60 | 0.605 times |
| 08 Fri Nov 2024 | 10.72 | 10.85 | 10.91 | 10.56 | 0.782 times |
| 07 Thu Nov 2024 | 11.00 | 10.95 | 11.00 | 10.87 | 0.946 times |
| 06 Wed Nov 2024 | 10.81 | 10.72 | 10.88 | 10.70 | 0.429 times |
| 05 Tue Nov 2024 | 10.66 | 10.82 | 10.90 | 10.66 | 0.735 times |
| 04 Mon Nov 2024 | 10.86 | 10.59 | 10.86 | 10.55 | 1.333 times |
| 01 Fri Nov 2024 | 10.79 | 10.59 | 10.83 | 10.56 | 0.694 times |
| 31 Thu Oct 2024 | 10.79 | 10.63 | 10.84 | 10.54 | 1.102 times |
| 30 Wed Oct 2024 | 10.76 | 10.60 | 10.76 | 10.60 | 0.728 times |
| 29 Tue Oct 2024 | 10.67 | 10.64 | 10.69 | 10.40 | 0.898 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 10.8, but if it comes below 10.8, then a intra day sell could be more profitable.
If you take a sell trade below 10.8, then use 10.8 as stoploss and 10.65 as target. However if you take a buy trade in stock , then use 10.8 as stoploss and 11 as target.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 9.30 |
| Downside Target | 9.85 |
| Downside Target | 10.23 |
| Downside Target | 10.80 |
| Downside Target | 10.84 |
| Downside Target | 10.88 |
| Upside Target | 11.00 |
| Upside Target | 11.04 |
| Upside Target | 11.08 |
| Upside Target | 11.48 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 10.69 |
| Downside Intraday Target | 10.51 |
| Upside Intraday Target | 10.97 |
| Upside Intraday Target | 11.07 |
| Downside Intraday Target | 10.79 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 10.88 | 10.60 | 10.88 | 10.60 | 0.143 times |
| 08 Fri Nov 2024 | 10.72 | 10.59 | 11.00 | 10.55 | 0.731 times |
| 01 Fri Nov 2024 | 10.79 | 10.45 | 10.84 | 10.33 | 1.761 times |
| 25 Fri Oct 2024 | 10.44 | 10.50 | 10.72 | 10.27 | 0.55 times |
| 18 Fri Oct 2024 | 10.31 | 10.36 | 10.80 | 10.23 | 0.646 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 |
| 11 Mon Nov 2024 | 10.88 | 10.59 | 11.00 | 10.55 | 0.122 times |
| 31 Thu Oct 2024 | 10.79 | 10.72 | 11.04 | 9.85 | 2.389 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 |
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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 SELL signal in short term but selling is losing 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 10.8 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 SELL signal in short term but selling is losing 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 10.8 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.