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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 2024-12-17 View latest technical analysis

10 day averaged volume of Elin Electronics is 157408

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	212.29	215.94	221.00	211.00	0.954 times
16 Mon Dec 2024	215.76	221.40	228.66	213.21	1.395 times
13 Fri Dec 2024	219.33	216.59	225.11	211.35	0.641 times
12 Thu Dec 2024	216.59	221.10	223.70	215.60	0.426 times
11 Wed Dec 2024	221.28	224.80	225.39	220.10	0.467 times
10 Tue Dec 2024	223.74	220.05	235.00	220.02	1.559 times
09 Mon Dec 2024	223.93	227.59	230.29	221.35	0.574 times
06 Fri Dec 2024	227.69	226.40	232.00	223.49	0.919 times
05 Thu Dec 2024	224.80	226.70	233.49	221.71	1.081 times
04 Wed Dec 2024	224.76	229.99	232.40	223.04	0.659 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 208.8 as stoploss in an intra day buy trade for a target of 217.19. However, stock will show a bearish move below 208.8.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	188.62
Downside Target	198.41
Downside Target	211.00
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	205.97
Downside Intraday Target	199.66
Upside Intraday Target	223.63
Upside Intraday Target	234.98
Upside Intraday Target	217.32

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	212.29	221.40	228.66	211.00	0.641 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
17 Tue Dec 2024	212.29	218.00	235.00	211.00	0.717 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 red color and prices are below the red 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

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 221.03 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.