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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 2025-01-31 View latest technical analysis

10 day averaged volume of Eltek is 7580

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	11.14	11.19	11.40	11.10	0.937 times
30 Thu Jan 2025	11.31	11.36	11.42	11.29	1.689 times
29 Wed Jan 2025	11.39	11.40	11.40	11.10	1.834 times
28 Tue Jan 2025	11.27	11.00	11.27	11.00	0.712 times
27 Mon Jan 2025	11.16	10.93	11.30	10.91	0.923 times
24 Fri Jan 2025	11.40	11.35	11.45	11.12	0.673 times
23 Thu Jan 2025	11.25	11.34	11.40	11.23	0.449 times
22 Wed Jan 2025	11.32	11.17	11.45	11.16	1.161 times
21 Tue Jan 2025	11.39	11.10	11.45	11.10	1.662 times
17 Fri Jan 2025	11.07	11.10	11.15	11.04	0.449 times

My analysis of stock is bearish for shortterm, and stock might move down till 11 or till 10.8. Use a stoploss of 11.21 and if the stock hits stoploss, then it can shoot up till 11.38

Share price targets for Eltek (ELTK)

Target Type	Value
Downside Target	9.85
Downside Target	10.40
Downside Target	11.10
Upside Target	11.15
Upside Target	11.35
Upside Target	11.42
Upside Target	11.45
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	10.89
Downside Intraday Target	10.65
Upside Intraday Target	11.4
Upside Intraday Target	11.67
Upside Intraday Target	11.16

Weekly technical analysis of Eltek (ELTK)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	11.14	10.93	11.42	10.91	1.545 times
24 Fri Jan 2025	11.40	11.10	11.45	11.10	8.794 times
17 Fri Jan 2025	11.07	11.10	11.15	11.04	0.061 times
17 Fri Jan 2025	11.07	10.79	11.35	10.72	2.714 times
10 Fri Jan 2025	11.06	11.16	11.47	10.82	0.439 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
31 Fri Jan 2025	11.14	11.18	11.47	10.72	0.58 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 losing 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. 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 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 but selling is losing 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 11.3 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 is giving positive 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.