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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 2024-12-20 View latest technical analysis

10 day averaged volume of Elin Electronics is 171199

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	213.33	223.37	224.79	212.39	1.236 times
19 Thu Dec 2024	223.37	212.95	224.35	211.60	1.416 times
18 Wed Dec 2024	213.74	213.15	224.50	212.84	2.208 times
17 Tue Dec 2024	212.29	215.94	221.00	211.00	0.877 times
16 Mon Dec 2024	215.76	221.40	228.66	213.21	1.283 times
13 Fri Dec 2024	219.33	216.59	225.11	211.35	0.589 times
12 Thu Dec 2024	216.59	221.10	223.70	215.60	0.391 times
11 Wed Dec 2024	221.28	224.80	225.39	220.10	0.429 times
10 Tue Dec 2024	223.74	220.05	235.00	220.02	1.433 times
09 Mon Dec 2024	223.93	227.59	230.29	221.35	0.528 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 213.4, but if it comes above 213.4, then a intra day buy could be more profitable.
If you take a sell trade below 213.4, then use 213.4 as stoploss and 206.2 as target. However if you take a buy trade in stock , then use 213.4 as stoploss and 219.33 as target.

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	206.67
Downside Intraday Target	200
Upside Intraday Target	224.33
Upside Intraday Target	235.32
Upside Intraday Target	217.66

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	213.33	221.40	228.66	211.00	2.083 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elin Electronics (ELIN)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	213.33	218.00	235.00	211.00	1.023 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is gaining 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 217.76 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.