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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 2024-12-23 View latest technical analysis

10 day averaged volume of Elin Electronics is 177897

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	207.90	215.60	222.01	205.91	1.088 times
20 Fri Dec 2024	213.33	223.37	224.79	212.39	1.19 times
19 Thu Dec 2024	223.37	212.95	224.35	211.60	1.363 times
18 Wed Dec 2024	213.74	213.15	224.50	212.84	2.125 times
17 Tue Dec 2024	212.29	215.94	221.00	211.00	0.844 times
16 Mon Dec 2024	215.76	221.40	228.66	213.21	1.235 times
13 Fri Dec 2024	219.33	216.59	225.11	211.35	0.567 times
12 Thu Dec 2024	216.59	221.10	223.70	215.60	0.377 times
11 Wed Dec 2024	221.28	224.80	225.39	220.10	0.413 times
10 Tue Dec 2024	223.74	220.05	235.00	220.02	1.379 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 207.3, for a target of 213.9 or 219.51

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	188.62
Downside Target	198.41
Upside Target	211.00
Upside Target	222.01
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	201.87
Downside Intraday Target	195.84
Upside Intraday Target	217.97
Upside Intraday Target	228.04
Upside Intraday Target	211.94

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	207.90	215.60	222.01	205.91	0.161 times
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

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
23 Mon Dec 2024	207.90	218.00	235.00	205.91	1.094 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 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 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 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 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 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 216.45 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.