Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-29 View latest technical analysis

10 day averaged volume of Elin Electronics is 176890

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	207.57	206.89	211.00	205.00	0.422 times
28 Mon Oct 2024	206.89	202.60	208.81	198.41	0.495 times
25 Fri Oct 2024	202.57	209.00	211.48	200.00	0.899 times
24 Thu Oct 2024	209.18	212.00	218.00	206.90	1.077 times
23 Wed Oct 2024	211.32	211.95	218.46	206.92	1.151 times
22 Tue Oct 2024	212.20	213.23	220.67	205.00	1.657 times
21 Mon Oct 2024	213.29	220.80	225.94	211.10	1.001 times
18 Fri Oct 2024	219.32	222.50	225.97	216.47	1.642 times
17 Thu Oct 2024	224.33	232.70	233.19	222.91	0.723 times
16 Wed Oct 2024	230.40	229.75	234.00	226.39	0.748 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 210.8, but if it comes above 210.8, then a intra day buy could be more profitable.
If you take a sell trade below 210.8, then use 210.8 as stoploss and 197.2 as target. However if you take a buy trade in stock , then use 210.8 as stoploss and 222.07 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	198.41
Upside Target	211.00
Upside Target	230.85
Upside Target	237.00
Upside Target	240.00
Upside Target	244.60
Upside Target	262.50
Upside Target	282.00

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	200.32
Downside Intraday Target	193.07
Upside Intraday Target	212.91
Upside Intraday Target	218.25
Downside Intraday Target	205.66

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	207.57	202.60	211.00	198.41	0.159 times
25 Fri Oct 2024	202.57	220.80	225.94	200.00	1.258 times
18 Fri Oct 2024	219.32	235.40	237.00	216.47	0.54 times
11 Fri Oct 2024	237.36	228.95	240.00	213.67	1.328 times
04 Fri Oct 2024	227.15	234.00	244.60	224.36	0.751 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
29 Tue Oct 2024	207.57	232.65	244.60	198.41	0.299 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Elin Electronics stock for short term is SELL. Signal strength is Strong 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 red color and prices are below the red 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 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 214 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.