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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 2024-08-27 View latest technical analysis

10 day averaged volume of Elin Electronics is 1101810

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	242.51	247.50	247.50	238.13	0.502 times
26 Mon Aug 2024	247.74	244.00	262.50	241.50	3.057 times
23 Fri Aug 2024	239.64	221.00	244.50	218.82	3.503 times
22 Thu Aug 2024	215.60	214.90	217.17	211.64	0.132 times
21 Wed Aug 2024	213.20	213.32	221.40	212.10	0.2 times
20 Tue Aug 2024	211.53	215.00	217.70	210.00	0.138 times
19 Mon Aug 2024	213.51	208.80	221.00	208.80	0.371 times
16 Fri Aug 2024	207.29	211.00	212.84	205.00	0.168 times
14 Wed Aug 2024	207.86	215.00	217.99	206.22	0.319 times
13 Tue Aug 2024	214.12	224.00	230.00	212.99	0.679 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 246.4, for a target of 228.1 or 212.78

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	205.00
Downside Target	217.99
Downside Target	232.83
Downside Target	238.13
Upside Target	244.50
Upside Target	262.50

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	232.93
Downside Intraday Target	223.34
Upside Intraday Target	257.3
Upside Intraday Target	272.08
Upside Intraday Target	247.71

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	242.51	244.00	262.50	238.13	0.819 times
23 Fri Aug 2024	239.64	208.80	244.50	208.80	1.671 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

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
27 Tue Aug 2024	242.51	200.72	262.50	188.62	2.761 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 positive zone. This is a BUY 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 236.47 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 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.