(ELIN) Elin Electronics complete technical analysis [charts+indicators] | Buy/Sell Elin Electronics | (ELIN) share price targets
Complete technical analysis of Elin Electronics (ELIN) by charts plus indicators, forecast predictions and share price targets for Elin Electronics (ELIN)
10 day averaged volume of Elin Electronics is 105198
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 163.75 | 156.70 | 164.60 | 156.70 | 1.378 times |
| 16 Thu May 2024 | 159.10 | 158.05 | 162.25 | 156.10 | 1.039 times |
| 15 Wed May 2024 | 158.65 | 158.80 | 160.90 | 157.25 | 0.383 times |
| 14 Tue May 2024 | 158.80 | 155.30 | 161.10 | 155.30 | 0.592 times |
| 13 Mon May 2024 | 155.50 | 158.95 | 159.60 | 153.00 | 1.432 times |
My analysis of stock is bearish for shortterm, and stock might move down till 159.1 or till 152.7. Use a stoploss of 164.5 and if the stock hits stoploss, then it can shoot up till 169.85
Share price targets for Elin Electronics (ELIN)
| Target Type | Value |
| Downside Target | 129.30 |
| Downside Target | 136.20 |
| Downside Target | 142.05 |
| Downside Target | 147.50 |
| Downside Target | 153.00 |
| Upside Target | 164.60 |
| Upside Target | 168.85 |
| Upside Target | 171.00 |
| Upside Target | 176.15 |
| Upside Target | 177.50 |
| Upside Target | 178.50 |
Intraday share price targets for Elin Electronics (ELIN)
| Target Type | Value |
| Downside Intraday Target | 156.3 |
| Downside Intraday Target | 148.85 |
| Upside Intraday Target | 167.9 |
| Upside Intraday Target | 172.05 |
| Downside Intraday Target | 160.45 |
Weekly technical analysis of Elin Electronics (ELIN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 163.75 | 158.95 | 164.60 | 153.00 | 0.932 times |
| 10 Fri May 2024 | 158.15 | 165.55 | 168.50 | 155.90 | 0.819 times |
| 03 Fri May 2024 | 168.50 | 167.35 | 171.00 | 165.00 | 0.362 times |
| 26 Fri Apr 2024 | 166.95 | 173.00 | 177.50 | 165.45 | 0.37 times |
| 19 Fri Apr 2024 | 171.20 | 145.00 | 176.15 | 142.05 | 12.305 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 Elin Electronics (ELIN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 163.75 | 167.70 | 171.00 | 153.00 | 0.163 times |
| 30 Tue Apr 2024 | 166.60 | 136.90 | 177.50 | 136.20 | 2.298 times |
| 28 Thu Mar 2024 | 133.25 | 154.60 | 158.95 | 129.30 | 0.773 times |
| 29 Thu Feb 2024 | 154.60 | 161.85 | 168.85 | 144.50 | 0.5 times |
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 Elin Electronics (ELIN)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 17, 16, 3 | Buy |
| MACD | 3, 4 | Sell |
| Stochastics | 45 | None |
| CCI | 70 | Buy |
| RSI | 63 | Buy |
| OBV | 3975765 | Sell |
| VWAP | 160 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Elin Electronics ( (ELIN) ) 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 Elin Electronics ( (ELIN) ) 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 Elin Electronics ( (ELIN) ) based on a short to mid 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.
Price action analysis of Elin Electronics ( (ELIN) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Elin Electronics stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Elin Electronics in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Elin Electronics 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. Bears are weakening, and bulls are picking up momentum!
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 Elin Electronics in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Elin Electronics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 160.03 and Elin Electronics (ELIN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Elin Electronics (ELIN) stock. Volume based technical analysis of Elin Electronics (ELIN) stock is negative.
Elin Electronics Stock has given negative 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.
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