(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 2024-12-09 View latest technical analysis
10 day averaged volume of Eltek is 27320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 10.61 | 10.49 | 10.80 | 9.91 | 3.033 times |
| 26 Tue Nov 2024 | 11.04 | 10.98 | 11.10 | 10.97 | 0.256 times |
| 26 Tue Nov 2024 | 11.04 | 10.98 | 11.10 | 10.97 | 0.256 times |
| 25 Mon Nov 2024 | 10.92 | 10.93 | 11.25 | 10.84 | 0.512 times |
| 22 Fri Nov 2024 | 11.05 | 11.14 | 11.45 | 10.88 | 0.809 times |
| 21 Thu Nov 2024 | 10.93 | 11.65 | 11.65 | 10.82 | 1.848 times |
| 20 Wed Nov 2024 | 11.63 | 11.56 | 11.71 | 11.19 | 0.857 times |
| 19 Tue Nov 2024 | 11.65 | 11.24 | 12.00 | 11.20 | 3.357 times |
| 18 Mon Nov 2024 | 11.24 | 10.89 | 11.45 | 10.89 | 1.252 times |
| 15 Fri Nov 2024 | 11.01 | 11.03 | 11.12 | 10.83 | 0.564 times |
Stock of Eltek (ELTK) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.7, but if it comes above 10.7, then a intra day buy could be more profitable.
If you take a sell trade below 10.7, then use 10.7 as stoploss and 10.4 as target. However if you take a buy trade in stock , then use 10.7 as stoploss and 11 as target.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 9.85 |
| Downside Target | 10.40 |
| Upside Target | 11.04 |
| Upside Target | 11.08 |
| Upside Target | 11.10 |
| Upside Target | 11.20 |
| Upside Target | 11.25 |
| Upside Target | 11.48 |
| Upside Target | 12.00 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 10.08 |
| Downside Intraday Target | 9.55 |
| Upside Intraday Target | 10.97 |
| Upside Intraday Target | 11.33 |
| Downside Intraday Target | 10.44 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 10.61 | 10.49 | 10.80 | 9.91 | 11.838 times |
| 26 Tue Nov 2024 | 11.04 | 10.98 | 11.10 | 10.97 | 0.333 times |
| 26 Tue Nov 2024 | 11.04 | 10.93 | 11.25 | 10.84 | 0.095 times |
| 22 Fri Nov 2024 | 11.05 | 10.89 | 12.00 | 10.82 | 3.273 times |
| 15 Fri Nov 2024 | 11.01 | 10.60 | 11.20 | 10.60 | 1.092 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 |
| 09 Mon Dec 2024 | 10.61 | 10.49 | 10.80 | 9.91 | 0.212 times |
| 26 Tue Nov 2024 | 11.04 | 10.59 | 12.00 | 10.55 | 0.584 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 |
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 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 mid to longer 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.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 11.14 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 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 mid to longer 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.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 11.14 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.