Eltek (ELTK) Technical (Analysis) Reports Eltek ["Technical Analysis"] Reports -NASDAQ Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Eltek (ELTK)
Technical Analysis Report for NASDAQ stock ELTK Eltek. Dated: 19 Jul 2024 Updated Daily. Stock trades under Technology Deals in Electrical Products in NASDAQ stock exchange
If you are looking for Tomorrow's Movement Predictions for NASDAQ stock ELTK Eltek then click here. or read Experts views on Eltek or Forecast & share price targets of Eltek
Eltek Opened at 10.35 and Closed at: 10.18, which is -1.67% of previous session's close. It moved within a range of 10.03 and 10.42
The session was a Bearish session with an average volume of 20500, which is -5.56% of previous session's volumes.
- Even though the stock has fallen, but its short term trend is positive and in an uptrend.
A Golden cross was found 3 days back on short term averages
Support for tomorrow is 9.91 and resistance for tomorrow is 10.3
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 10, 9.82 resistance for tomorrow's hourly charts is 10.39, 10.6
10 Day SMA for Eltek (ELTK) is 10.04 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Eltek (ELTK) is 9.83 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Eltek (ELTK) is 10.55 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 10.84 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Eltek is 12.32 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Eltek is at 9.83 and 200 DMA is at 12.32, while 50 DMA and 100 DMA are at 10.55 and 10.84 respectively
Eltek (ELTK) moving average of 20 SMA is at 9.83 and 20 EMA is at 10.09
| Date | Closing Price | 20 SMA | 20 EMA |
| 19 Fri Jul | 10.18 | 9.83 | 10.09 |
| 18 Thu Jul | 10.35 | 9.81 | 10.08 |
| 17 Wed Jul | 10.61 | 9.79 | 10.05 |
| 16 Tue Jul | 10.62 | 9.77 | 9.99 |
| 15 Mon Jul | 10.28 | 9.74 | 9.92 |
| 12 Fri Jul | 9.79 | 9.76 | 9.88 |
Eltek (ELTK) moving average of 50 SMA is at 10.55 and 50 EMA is at 10.44
| Date | Closing Price | 50 SMA | 50 EMA |
| 19 Fri Jul | 10.18 | 10.55 | 10.44 |
| 18 Thu Jul | 10.35 | 10.55 | 10.45 |
| 17 Wed Jul | 10.61 | 10.55 | 10.45 |
| 16 Tue Jul | 10.62 | 10.54 | 10.44 |
| 15 Mon Jul | 10.28 | 10.54 | 10.43 |
| 12 Fri Jul | 9.79 | 10.55 | 10.44 |
Eltek (ELTK) moving average of 100 SMA is at 10.84 and 100 EMA is at 11.01
| Date | Closing Price | 100 SMA | 100 EMA |
| 19 Fri Jul | 10.18 | 10.84 | 11.01 |
| 18 Thu Jul | 10.35 | 10.88 | 11.03 |
| 17 Wed Jul | 10.61 | 10.91 | 11.04 |
| 16 Tue Jul | 10.62 | 10.94 | 11.05 |
| 15 Mon Jul | 10.28 | 10.97 | 11.06 |
| 12 Fri Jul | 9.79 | 11 | 11.08 |
Eltek (ELTK) moving average of 200 SMA is at 12.32 and 200 EMA is at 11
| Date | Closing Price | 200 SMA | 200 EMA |
| 19 Fri Jul | 10.18 | 12.32 | 11 |
| 18 Thu Jul | 10.35 | 12.32 | 11.01 |
| 17 Wed Jul | 10.61 | 12.33 | 11.02 |
| 16 Tue Jul | 10.62 | 12.32 | 11.02 |
| 15 Mon Jul | 10.28 | 12.32 | 11.02 |
| 12 Fri Jul | 9.79 | 12.32 | 11.03 |
Yy Inc has performed better than Eltek in short term. You could have earned much better returns by investing in Yy Inc, about 10.49% more returns!
Travelzoo has performed better than Eltek in short term. You could have earned much better returns by investing in Travelzoo, about 5.87% more returns!
Eltek has performed better than Take Two in short term. Holding Eltek could be a better choice for now!
Eltek has performed better than Silicon Laboratories in short term. Holding Eltek could be a better choice for now!
Eltek has performed better than Perion Network in short term. Holding Eltek could be a better choice for now!
Eltek has performed better than Nvidia Corporation in short term. Holding Eltek could be a better choice for now!
Eltek has performed better than Microsoft Corporation in short term. Holding Eltek could be a better choice for now!
Eltek has performed better than Intevac Inc in short term. Holding Eltek could be a better choice for now!
Eltek has performed better than Ichor Holdings in short term. Holding Eltek could be a better choice for now!
Eltek has performed better than Himax Technologies in short term. Holding Eltek could be a better choice for now!
Eltek has performed better than Digital Ally in short term. Holding Eltek could be a better choice for now!
Criteo S has performed better than Eltek in short term. You could have earned much better returns by investing in Criteo S, about 10.67% more returns!
Creative Realities has performed better than Eltek in short term. You could have earned much better returns by investing in Creative Realities, about 10.34% more returns!
Eltek has performed better than Clps Incorporation in short term. Holding Eltek could be a better choice for now!
Eltek has performed better than Bridgeline Digital in short term. Holding Eltek could be a better choice for now!
Eltek has performed better than Broadcom Inc in short term. Holding Eltek could be a better choice for now!
Eltek Technical analysis of indicators
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.
ADX buy sell signal for Eltek stock for short term is BUY. Signal strength is Weak and stock is losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Eltek in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 10.1 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NASDAQ stock ELTK Eltek These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And ELTK Experts View which covers a lot of information including buying and selling signals
ELTK future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Eltek or View Candle Stick Charts here
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