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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 2024-12-16 View latest technical analysis

10 day averaged volume of Elin Electronics is 157746

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	215.76	221.40	228.66	213.21	1.392 times
13 Fri Dec 2024	219.33	216.59	225.11	211.35	0.639 times
12 Thu Dec 2024	216.59	221.10	223.70	215.60	0.425 times
11 Wed Dec 2024	221.28	224.80	225.39	220.10	0.466 times
10 Tue Dec 2024	223.74	220.05	235.00	220.02	1.556 times
09 Mon Dec 2024	223.93	227.59	230.29	221.35	0.573 times
06 Fri Dec 2024	227.69	226.40	232.00	223.49	0.917 times
05 Thu Dec 2024	224.80	226.70	233.49	221.71	1.079 times
04 Wed Dec 2024	224.76	229.99	232.40	223.04	0.658 times
03 Tue Dec 2024	228.98	224.90	232.00	220.00	2.274 times

My analysis of stock is bearish for shortterm, and stock might move down till 207.6 or till 196.8. Use a stoploss of 216.63 and if the stock hits stoploss, then it can shoot up till 225.65

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	188.62
Downside Target	198.41
Downside Target	211.35
Upside Target	224.79
Upside Target	230.85
Upside Target	233.49
Upside Target	235.00
Upside Target	239.37
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	209.76
Downside Intraday Target	203.76
Upside Intraday Target	225.21
Upside Intraday Target	234.66
Upside Intraday Target	219.21

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	215.76	221.40	228.66	213.21	0.381 times
13 Fri Dec 2024	219.33	227.59	235.00	211.35	0.577 times
06 Fri Dec 2024	227.69	218.00	233.49	214.70	1.612 times
29 Fri Nov 2024	218.51	205.70	224.79	202.41	1.03 times
22 Fri Nov 2024	201.70	205.00	214.89	198.92	1.13 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
16 Mon Dec 2024	215.76	218.00	235.00	211.35	0.661 times
29 Fri Nov 2024	218.51	217.10	239.37	198.92	0.595 times
31 Thu Oct 2024	216.22	232.65	244.60	198.41	0.311 times
30 Mon Sep 2024	233.32	239.60	282.00	230.85	0.744 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 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 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 BUY. 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 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 buy signal for Elin Electronics in short term but BUY signal is weak.

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 223.67 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.