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 for Elin Electronics Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Elin Electronics ELIN at this time. Stock is falling and might fall more.

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

Stock of Elin Electronics (ELIN) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Elin Electronics is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Elin Electronics stays below 203.5, but if it comes above 203.5, then a intra day buy could be more profitable.
If you take a sell trade below 203.5, then use 203.5 as stoploss and 190.9 as target. However if you take a buy trade in Elin Electronics, then use 203.5 as stoploss and 214.03 as target.

ELIN Elin Electronics is falling or rising NEWS fundamental reasons

Company Announcement Elin Electronics Limited has informed the Exchange about Transcript - NEWS as on 2024-11-18

Company Announcement Elin Electronics Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-11-14

Company Announcement Elin Electronics Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-11-13

Company Announcement Elin Electronics Limited has informed the Exchange about Investor Presentation - NEWS as on 2024-11-12

Company Announcement Elin Electronics Limited has informed the Exchange regarding 'Investor Presentation'. - NEWS as on 2024-11-12

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2024 - NEWS as on 2024-10-30

Company Announcement - NEWS as on 2024-10-30

Company Announcement Elin Electronics Limited has informed the Exchange with copy of minutes of Annual General Meeting held on September 30, 2024 - NEWS as on 2024-10-24

Company Announcement Elin Electronics Limited has informed the Exchange regarding 'Investor Complaint status for the Quarter ended 30.09.2024'. - NEWS as on 2024-10-11

Company Announcement Elin Electronics Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-10-10

Company Announcement Elin Electronics Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2024 - NEWS as on 2024-10-01

More announcements and NEWS

ELIN Elin Electronics Limited current price & indicator signals

Moving Averages for Elin Electronics Limited

  • 5Day Average: 203
  • 12Day Average: 215.02
  • 20Day Average: 214.21
  • 50Day Average: 228.02
  • 100Day Average: 222.04
  • 150Day Average: 205.41
  • 200Day Average: 191.63

ELIN Indicators & signals

Indicator MACD (12,26,9)

210.25, 216.23, -4.34
Indicator MACD is in negative zone

Indicator ADX (14)

17.39, 15.45, 21.95
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
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
22 Fri Nov 2024 201.70 199.81 to 205.00 0.79% 0.69 times
21 Thu Nov 2024 200.11 198.98 to 207.15 -2.78% 0.65 times
19 Tue Nov 2024 205.84 202.00 to 214.89 2.36% 1.33 times
18 Mon Nov 2024 201.09 198.92 to 207.50 -2.5% 0.83 times
14 Thu Nov 2024 206.24 204.10 to 212.50 -0.63% 0.63 times
13 Wed Nov 2024 207.55 206.00 to 217.79 -4.28% 0.63 times
12 Tue Nov 2024 216.82 214.82 to 229.69 -4.12% 0.64 times
11 Mon Nov 2024 226.13 220.33 to 233.75 -0.04% 1.2 times
08 Fri Nov 2024 226.21 224.00 to 237.75 -4.13% 0.66 times
07 Thu Nov 2024 235.95 227.03 to 237.99 1.99% 1.64 times
06 Wed Nov 2024 231.35 221.61 to 239.37 4.57% 1.78 times
05 Tue Nov 2024 221.23 215.38 to 223.95 1.1% 0.67 times

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