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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 2024-08-06 View latest technical analysis

10 day averaged volume of Elin Electronics is 270781

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	191.85	192.04	208.80	188.62	5.204 times
05 Mon Aug 2024	190.83	197.00	202.79	189.02	1.025 times
02 Fri Aug 2024	204.79	203.00	210.00	201.10	1.477 times
01 Thu Aug 2024	207.06	200.72	209.75	199.00	2.565 times
31 Wed Jul 2024	199.74	195.49	203.00	193.97	1.05 times
30 Tue Jul 2024	193.96	199.77	199.77	193.00	0.38 times
29 Mon Jul 2024	197.79	197.00	202.81	195.32	0.58 times
26 Fri Jul 2024	195.94	196.38	201.80	195.30	0.449 times
25 Thu Jul 2024	196.38	197.49	199.71	194.39	0.599 times
24 Wed Jul 2024	197.15	186.75	199.79	186.52	0.885 times

Stock of Elin Electronics (ELIN) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 191.6 as stoploss in an intra day buy trade for a target of 198.47. However, stock will show a bearish move below 191.6.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	136.20
Downside Target	145.15
Downside Target	153.00
Downside Target	171.00
Downside Target	177.00
Downside Target	185.25
Upside Target	193.00
Upside Target	197.35
Upside Target	201.80
Upside Target	208.80
Upside Target	210.00
Upside Target	211.10
Upside Target	218.95
Upside Target	221.80

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	184.05
Downside Intraday Target	176.24
Upside Intraday Target	204.23
Upside Intraday Target	216.6
Upside Intraday Target	196.42

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	191.85	197.00	208.80	188.62	1.029 times
02 Fri Aug 2024	204.79	197.00	210.00	193.00	1.526 times
26 Fri Jul 2024	195.94	184.00	201.80	177.00	1.011 times
19 Fri Jul 2024	186.71	210.99	211.10	185.25	0.576 times
12 Fri Jul 2024	206.82	205.30	218.95	197.35	0.958 times

Price has moved down 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
06 Tue Aug 2024	191.85	200.72	210.00	188.62	0.432 times
31 Wed Jul 2024	199.74	208.99	218.95	177.00	0.419 times
28 Fri Jun 2024	207.55	170.00	221.80	145.15	3.853 times
31 Fri May 2024	162.00	167.70	171.00	153.00	0.474 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 mid to longer 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 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.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Elin Electronics in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Elin Electronics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 197.4 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 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.