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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 2024-09-19 View latest technical analysis

10 day averaged volume of Elin Electronics is 810527

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	244.61	251.76	255.50	238.16	0.647 times
18 Wed Sep 2024	248.29	257.51	259.97	247.30	0.596 times
17 Tue Sep 2024	259.36	265.00	265.00	255.21	0.738 times
16 Mon Sep 2024	265.49	269.50	282.00	262.16	2.852 times
13 Fri Sep 2024	262.71	259.70	264.60	256.35	0.549 times
12 Thu Sep 2024	258.09	253.95	266.00	251.24	1.137 times
11 Wed Sep 2024	250.80	261.50	262.60	248.50	0.485 times
10 Tue Sep 2024	260.50	261.95	266.99	256.00	0.586 times
09 Mon Sep 2024	260.53	252.50	270.00	246.81	1.798 times
06 Fri Sep 2024	252.69	251.82	257.25	250.50	0.661 times

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 241 as stoploss in an intra day buy trade for a target of 250.41. However, stock will show a bearish move below 241.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	145.15
Downside Target	153.00
Downside Target	171.00
Downside Target	177.00
Downside Target	188.62
Downside Target	208.80
Downside Target	218.95
Downside Target	231.41
Downside Target	244.50
Upside Target	262.50
Upside Target	264.95
Upside Target	270.00
Upside Target	282.00

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	227.85
Downside Intraday Target	211.08
Upside Intraday Target	271.69
Upside Intraday Target	298.76
Upside Intraday Target	254.92

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	244.61	269.50	282.00	238.16	1.061 times
13 Fri Sep 2024	262.71	252.50	270.00	246.81	0.737 times
06 Fri Sep 2024	252.69	239.60	264.95	231.41	0.855 times
30 Fri Aug 2024	238.15	244.00	262.50	233.79	1.225 times
23 Fri Aug 2024	239.64	208.80	244.50	208.80	1.671 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
19 Thu Sep 2024	244.61	239.60	282.00	231.41	0.64 times
30 Fri Aug 2024	238.15	200.72	262.50	188.62	3.062 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 258.96 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 positive

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