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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 2024-10-09 View latest technical analysis

10 day averaged volume of Elin Electronics is 265899

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	223.94	234.90	236.56	220.33	1.041 times
08 Tue Oct 2024	233.55	217.79	234.69	214.43	0.98 times
07 Mon Oct 2024	216.08	228.95	230.17	213.67	1.362 times
04 Fri Oct 2024	227.15	229.10	236.70	224.36	1.155 times
03 Thu Oct 2024	228.26	238.00	242.16	225.05	1.215 times
01 Tue Oct 2024	243.22	232.65	244.60	232.65	0.931 times
30 Mon Sep 2024	233.32	234.00	237.95	230.85	0.964 times
27 Fri Sep 2024	234.32	240.00	245.00	231.50	1.032 times
26 Thu Sep 2024	241.43	250.00	251.96	232.85	0.686 times
25 Wed Sep 2024	249.96	250.79	253.97	245.82	0.785 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 230.3, but if it comes above 230.3, then a intra day buy could be more profitable.
If you take a sell trade below 230.3, then use 230.3 as stoploss and 214.3 as target. However if you take a buy trade in stock , then use 230.3 as stoploss and 243.69 as target.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	145.15
Downside Target	177.00
Downside Target	188.62
Downside Target	213.67
Downside Target	218.95
Upside Target	230.85
Upside Target	236.56
Upside Target	244.60
Upside Target	246.81
Upside Target	258.65
Upside Target	262.50
Upside Target	270.00
Upside Target	282.00

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	212.89
Downside Intraday Target	201.83
Upside Intraday Target	235.78
Upside Intraday Target	247.61
Upside Intraday Target	224.72

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	223.94	228.95	236.56	213.67	0.793 times
04 Fri Oct 2024	227.15	234.00	244.60	224.36	0.751 times
27 Fri Sep 2024	234.32	248.10	258.65	231.50	0.359 times
20 Fri Sep 2024	246.46	269.50	282.00	238.16	1.138 times
13 Fri Sep 2024	262.71	252.50	270.00	246.81	0.737 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
09 Wed Oct 2024	223.94	232.65	244.60	213.67	0.121 times
30 Mon Sep 2024	233.32	239.60	282.00	230.85	0.744 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

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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Elin Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 231.6 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.