(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.
10 day averaged volume of Eltek is 62700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 11.10 | 10.90 | 11.10 | 10.83 | 0.131 times |
| 23 Tue Apr 2024 | 10.79 | 10.90 | 10.98 | 10.63 | 0.448 times |
| 22 Mon Apr 2024 | 10.80 | 11.08 | 11.09 | 10.53 | 0.598 times |
| 19 Fri Apr 2024 | 10.91 | 11.25 | 11.25 | 10.65 | 0.766 times |
| 18 Thu Apr 2024 | 11.25 | 11.19 | 11.30 | 10.76 | 1.308 times |
| 17 Wed Apr 2024 | 10.86 | 10.33 | 10.86 | 10.31 | 1.419 times |
| 16 Tue Apr 2024 | 10.25 | 9.87 | 10.30 | 9.81 | 0.994 times |
| 15 Mon Apr 2024 | 9.94 | 9.75 | 9.96 | 9.75 | 0.721 times |
| 12 Fri Apr 2024 | 9.73 | 10.00 | 10.30 | 9.71 | 1.108 times |
| 11 Thu Apr 2024 | 10.01 | 10.05 | 10.21 | 9.88 | 1.86 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11, but if it comes below 11, then a intra day sell could be more profitable.
If you take a sell trade below 11, then use 11 as stoploss and 10.6 as target. However if you take a buy trade in stock , then use 11 as stoploss and 11.6 as target.
Share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Target | 9.71 |
| Downside Target | 10.00 |
| Downside Target | 10.52 |
| Downside Target | 10.75 |
| Upside Target | 12.00 |
| Upside Target | 12.07 |
| Upside Target | 13.00 |
| Upside Target | 13.06 |
| Upside Target | 14.17 |
| Upside Target | 16.23 |
| Upside Target | 20.19 |
| Upside Target | 22.80 |
Intraday share price targets for Eltek (ELTK)
| Target Type | Value |
| Downside Intraday Target | 10.72 |
| Downside Intraday Target | 10.34 |
| Upside Intraday Target | 11.29 |
| Upside Intraday Target | 11.48 |
| Downside Intraday Target | 10.91 |
Weekly technical analysis of Eltek (ELTK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 11.10 | 11.08 | 11.10 | 10.53 | 0.226 times |
| 19 Fri Apr 2024 | 10.91 | 9.75 | 11.30 | 9.75 | 0.736 times |
| 12 Fri Apr 2024 | 9.73 | 10.75 | 10.75 | 9.71 | 1.843 times |
| 05 Fri Apr 2024 | 10.72 | 11.05 | 11.06 | 10.52 | 1.06 times |
| 28 Thu Mar 2024 | 11.14 | 11.77 | 12.07 | 10.92 | 0.408 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 |
| 24 Wed Apr 2024 | 11.10 | 11.05 | 11.30 | 9.71 | 0.4 times |
| 28 Thu Mar 2024 | 11.14 | 13.67 | 14.17 | 10.00 | 0.674 times |
| 29 Thu Feb 2024 | 13.98 | 17.16 | 22.80 | 13.06 | 1.681 times |
| 31 Wed Jan 2024 | 17.10 | 13.68 | 20.19 | 13.00 | 0.974 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eltek ( (ELTK) ) based on a mid to longer 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.
ADX buy sell signal for Eltek stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Eltek in short term but the buy signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term but buying 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 10.48 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eltek ( (ELTK) ) based on a mid to longer 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.
ADX buy sell signal for Eltek stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Eltek in short term but the buy signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term but buying 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 10.48 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.