ELIN NEWS why is Elin Electronics Limited price falling or rising

ELIN NEWS reasons for why stock price of Elin Electronics Limited is falling or rising

ELIN Elin Electronics is falling or rising technical reasons

Technical analysis forecast of Elin Electronics Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Elin Electronics ELIN at this time. Stock is rising and might rise more.

It appears as if Elin Electronics ELIN gave a large move recently.

Stock of Elin Electronics (ELIN) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Elin Electronics is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Elin Electronics stays above 167.9, but if it comes below 167.9, then a intra day sell could be more profitable.
If you take a sell trade below 167.9, then use 167.9 as stoploss and 155.93 as target. However if you take a buy trade in Elin Electronics, then use 167.9 as stoploss and 182.2 as target.

ELIN Elin Electronics is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-18

Company Announcement Elin Electronics Limited has informed the Exchange regarding Appointment of Mr as Chief Executive Officer of the company w.e.f. April 17, 2024. - NEWS as on 2024-04-16

Company Announcement Elin Electronics Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-08

Company Announcement Elin Electronics Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-04-01

Company Announcement Elin Electronics Limited has informed the Exchange regarding Board meeting held on March 19, 2024. - NEWS as on 2024-03-20

Company Announcement Elin Electronics Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company. - NEWS as on 2024-03-15

Company Announcement Elin Electronics Limited has informed the Exchange regarding change in Registered Office of the company. - NEWS as on 2024-02-28

Company Announcement Elin Electronics Limited has informed the Exchange regarding 'Intimation of receipt of order from Regional Director for shifting of Registered Office from - NEWS as on 2024-02-23

Board Meeting to discuss Financial Results ELIN - NEWS as on 2024-02-08

More announcements and NEWS

ELIN Elin Electronics Limited current price & indicator signals

Moving Averages for Elin Electronics Limited

  • 5Day Average: 170.38
  • 12Day Average: 157.65
  • 20Day Average: 151.46
  • 50Day Average: 150.5
  • 100Day Average: 152.87
  • 150Day Average: 157.52
  • 200Day Average: 157.45

ELIN Indicators & signals

Indicator MACD (12,26,9)

160.44, 154.32, 2.74
Indicator MACD is in positive zone

Indicator ADX (14)

47.2, 32.51, 11.66
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 63
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ELIN Elin Electronics Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Wed Apr 2024 173.15 171.40 to 177.50 -0.14% 0.48 times
23 Tue Apr 2024 173.40 170.10 to 176.50 1.94% 0.94 times
22 Mon Apr 2024 170.10 169.20 to 175.40 -0.64% 0.81 times
19 Fri Apr 2024 171.20 158.15 to 176.15 4.36% 3.43 times
18 Thu Apr 2024 164.05 150.95 to 167.85 10.58% 3.92 times
16 Tue Apr 2024 148.35 142.05 to 149.45 2.28% 0.13 times
15 Mon Apr 2024 145.05 142.55 to 146.95 -1.56% 0.16 times
12 Fri Apr 2024 147.35 145.35 to 148.60 0.14% 0.12 times
10 Wed Apr 2024 147.15 146.50 to 150.50 -1.24% 0.16 times
09 Tue Apr 2024 149.00 148.25 to 152.25 -1.32% 0.14 times
08 Mon Apr 2024 151.00 149.45 to 153.70 -0.66% 0.2 times
05 Fri Apr 2024 152.00 146.40 to 153.00 2.6% 0.32 times

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