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(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 2025-01-13 View latest technical analysis

10 day averaged volume of Eltek is 13364

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	10.72	10.79	11.07	10.72	1.369 times
10 Fri Jan 2025	11.06	11.45	11.45	10.82	0.688 times
08 Wed Jan 2025	11.33	11.16	11.47	11.15	0.853 times
08 Wed Jan 2025	11.33	11.16	11.47	11.15	0.853 times
07 Tue Jan 2025	11.24	11.25	11.40	11.15	0.778 times
06 Mon Jan 2025	11.24	10.89	11.44	10.89	1.878 times
03 Fri Jan 2025	11.02	10.94	11.03	10.79	0.761 times
02 Thu Jan 2025	11.13	11.18	11.20	10.76	0.662 times
31 Tue Dec 2024	11.06	11.01	11.10	10.64	0.806 times
30 Mon Dec 2024	11.10	11.00	11.19	10.85	1.5 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.8, but if it comes above 10.8, then a intra day buy could be more profitable.
If you take a sell trade below 10.8, then use 10.8 as stoploss and 10.5 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	9.85
Downside Target	10.40
Upside Target	11.07
Upside Target	11.08
Upside Target	11.20
Upside Target	11.47
Upside Target	11.50
Upside Target	12.00

Intraday share price targets for Eltek (ELTK)

Target Type	Value
Downside Intraday Target	10.6
Downside Intraday Target	10.49
Upside Intraday Target	10.95
Upside Intraday Target	11.19
Upside Intraday Target	10.84

Weekly technical analysis of Eltek (ELTK)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	10.72	10.79	11.07	10.72	0.888 times
10 Fri Jan 2025	11.06	11.16	11.47	10.82	0.439 times
08 Wed Jan 2025	11.33	10.89	11.47	10.89	0.941 times
03 Fri Jan 2025	11.02	11.00	11.20	10.64	0.677 times
27 Fri Dec 2024	11.04	10.75	11.50	10.47	0.504 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
13 Mon Jan 2025	10.72	11.18	11.47	10.72	0.274 times
31 Tue Dec 2024	11.06	10.49	11.50	9.91	0.982 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

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 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 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 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 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 but the sell signal is initial and weak.

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 in or below 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Eltek is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.11 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.