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(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)

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Elin Electronics is 196702

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	140.05	140.40	142.20	139.25	0.889 times
19 Tue Mar 2024	140.20	140.80	142.95	139.15	0.767 times
18 Mon Mar 2024	140.20	138.05	142.75	138.05	0.975 times
15 Fri Mar 2024	138.45	135.05	142.90	135.05	1.207 times
14 Thu Mar 2024	136.40	131.00	139.45	131.00	1.691 times
13 Wed Mar 2024	132.00	143.65	147.00	129.30	1.752 times
12 Tue Mar 2024	146.50	147.40	148.75	141.60	1.261 times
11 Mon Mar 2024	146.70	150.50	151.40	146.20	0.553 times
07 Thu Mar 2024	150.65	150.50	153.35	150.05	0.306 times
06 Wed Mar 2024	150.50	151.00	153.00	148.25	0.927 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 140.7, but if it comes above 140.7, then a intra day buy could be more profitable.
If you take a sell trade below 140.7, then use 140.7 as stoploss and 131 as target. However if you take a buy trade in stock , then use 140.7 as stoploss and 148.84 as target.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	129.30
Downside Target	138.05
Upside Target	142.95
Upside Target	147.50
Upside Target	156.55
Upside Target	156.80
Upside Target	158.95
Upside Target	163.30
Upside Target	163.40
Upside Target	168.85
Upside Target	176.60
Upside Target	178.50

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	137.75
Downside Intraday Target	135.45
Upside Intraday Target	142.65
Upside Intraday Target	145.25
Upside Intraday Target	140.35

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	140.05	138.05	142.95	138.05	0.407 times
15 Fri Mar 2024	138.45	150.50	151.40	129.30	2.604 times
07 Thu Mar 2024	150.65	154.10	156.55	148.25	0.529 times
02 Sat Mar 2024	155.35	159.25	163.40	153.00	0.828 times
23 Fri Feb 2024	157.75	153.65	163.30	151.10	0.979 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
20 Wed Mar 2024	140.05	154.60	158.95	129.30	0.508 times
29 Thu Feb 2024	154.60	161.85	168.85	144.50	0.5 times
31 Wed Jan 2024	160.70	147.85	178.50	147.50	2.854 times
29 Fri Dec 2023	147.85	152.30	156.80	143.95	0.676 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 Elin Electronics (ELIN)

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 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 Elin Electronics stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Elin Electronics in short term and the sell signal is strong.

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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Elin Electronics in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 140.32 and Elin Electronics (ELIN) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.