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 2024-06-05 View latest technical analysis

10 day averaged volume of Elin Electronics is 321368

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	152.85	152.95	154.25	145.65	0.484 times
04 Tue Jun 2024	151.10	158.00	158.85	145.15	1.05 times
03 Mon Jun 2024	162.45	170.00	170.80	160.40	1.158 times
31 Fri May 2024	162.00	159.40	170.60	157.00	4.44 times
30 Thu May 2024	156.25	155.85	159.85	153.10	1.016 times
29 Wed May 2024	153.75	153.95	157.55	153.00	0.466 times
28 Tue May 2024	153.95	155.85	156.85	153.25	0.211 times
27 Mon May 2024	154.75	158.00	159.35	154.05	0.385 times
24 Fri May 2024	157.65	160.70	163.85	156.70	0.426 times
23 Thu May 2024	159.90	160.75	166.10	159.00	0.464 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 154.5, but if it comes above 154.5, then a intra day buy could be more profitable.
If you take a sell trade below 154.5, then use 154.5 as stoploss and 149.9 as target. However if you take a buy trade in stock , then use 154.5 as stoploss and 158.25 as target.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	129.30
Downside Target	136.20
Downside Target	144.50
Upside Target	153.00
Upside Target	167.20
Upside Target	168.85
Upside Target	168.95
Upside Target	170.60
Upside Target	170.80
Upside Target	171.00
Upside Target	177.50

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	141.73
Downside Intraday Target	130.62
Upside Intraday Target	167.38
Upside Intraday Target	181.92
Upside Intraday Target	156.27

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	152.85	170.00	170.80	145.15	0.413 times
31 Fri May 2024	162.00	158.00	170.60	153.00	4.25 times
24 Fri May 2024	157.65	166.40	167.20	156.70	0.906 times
18 Sat May 2024	166.40	158.95	168.95	153.00	0.999 times
10 Fri May 2024	158.15	165.55	168.50	155.90	0.819 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
05 Wed Jun 2024	152.85	170.00	170.80	145.15	0.217 times
31 Fri May 2024	162.00	167.70	171.00	153.00	0.474 times
30 Tue Apr 2024	166.60	136.90	177.50	136.20	2.298 times
28 Thu Mar 2024	133.25	154.60	158.95	129.30	0.773 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Elin Electronics ( (ELIN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Elin Electronics ( (ELIN) ) based on a mid to longer 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.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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 158.8 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.