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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 2024-08-22 View latest technical analysis

10 day averaged volume of Elin Electronics is 708174

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	215.60	214.90	217.17	211.64	0.206 times
21 Wed Aug 2024	213.20	213.32	221.40	212.10	0.311 times
20 Tue Aug 2024	211.53	215.00	217.70	210.00	0.215 times
19 Mon Aug 2024	213.51	208.80	221.00	208.80	0.577 times
16 Fri Aug 2024	207.29	211.00	212.84	205.00	0.261 times
14 Wed Aug 2024	207.86	215.00	217.99	206.22	0.497 times
13 Tue Aug 2024	214.12	224.00	230.00	212.99	1.056 times
12 Mon Aug 2024	223.80	216.48	232.83	211.60	2.23 times
09 Fri Aug 2024	216.66	214.20	217.99	208.01	1.256 times
08 Thu Aug 2024	210.61	206.00	213.35	203.11	1.397 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 214.8, but if it comes below 214.8, then a intra day sell could be more profitable.
If you take a sell trade below 214.8, then use 214.8 as stoploss and 205.79 as target. However if you take a buy trade in stock , then use 214.8 as stoploss and 225.7 as target.

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	188.62
Downside Target	193.00
Downside Target	201.80
Upside Target	217.99
Upside Target	218.95
Upside Target	221.40
Upside Target	221.80
Upside Target	232.83

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	209.13
Downside Intraday Target	202.67
Upside Intraday Target	221.73
Upside Intraday Target	227.87
Downside Intraday Target	215.27

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	215.60	208.80	221.40	208.80	0.323 times
16 Fri Aug 2024	207.29	216.48	232.83	205.00	0.559 times
09 Fri Aug 2024	216.66	197.00	217.99	188.62	3.127 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

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
22 Thu Aug 2024	215.60	200.72	232.83	188.62	1.553 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 up this month, and volume has increased substantially. This means that the move can 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Elin Electronics in short term and the buy 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 getting stronger in this stock.

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

CCI has generated a SELL signal for Elin Electronics in short term but SELL 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 215.88 and Elin Electronics (ELIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 positive

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