(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 2024-12-19 View latest technical analysis
10 day averaged volume of Eltek is 22507
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 10.80 | 10.37 | 11.00 | 10.37 | 2.098 times |
| 18 Wed Dec 2024 | 10.41 | 10.99 | 10.99 | 10.40 | 0.666 times |
| 17 Tue Dec 2024 | 10.85 | 10.89 | 11.06 | 10.72 | 1.416 times |
| 16 Mon Dec 2024 | 10.96 | 10.51 | 11.11 | 10.51 | 1.416 times |
| 13 Fri Dec 2024 | 11.02 | 10.95 | 11.16 | 10.85 | 0.406 times |
| 12 Thu Dec 2024 | 11.02 | 10.95 | 11.10 | 10.84 | 0.531 times |
| 11 Wed Dec 2024 | 10.81 | 11.13 | 11.13 | 10.81 | 0.452 times |
| 10 Tue Dec 2024 | 11.00 | 10.61 | 11.00 | 10.56 | 0.808 times |
| 09 Mon Dec 2024 | 10.61 | 10.49 | 10.80 | 9.91 | 3.682 times |
| 26 Tue Nov 2024 | 11.04 | 10.98 | 11.10 | 10.97 | 0.311 times |
Stock of Eltek (ELTK) has showed a significant upmove. This could be a good time to enter in this stock!
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 10.7 as stoploss in an intra day buy trade for a target of 11.01. However, stock will show a bearish move below 10.7.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.00 |
| Downside Target | 9.85 |
| Downside Target | 10.37 |
| Upside Target | 10.82 |
| Upside Target | 11.10 |
| Upside Target | 11.11 |
| Upside Target | 11.16 |
| 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 | 10.41 |
| Downside Intraday Target | 10.02 |
| Upside Intraday Target | 11.15 |
| Upside Intraday Target | 11.5 |
| Downside Intraday Target | 10.76 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 10.80 | 10.51 | 11.11 | 10.37 | 0.952 times |
| 13 Fri Dec 2024 | 11.02 | 10.49 | 11.16 | 9.91 | 18.903 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 |
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 |
| 19 Thu Dec 2024 | 10.80 | 10.49 | 11.16 | 9.91 | 0.662 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 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 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 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 losing 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Eltek in short term but BUY signal is weak.
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 10.78 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
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 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 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 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 losing 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Eltek in short term but BUY signal is weak.
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 10.78 and Eltek (ELTK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.