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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 2024-06-07 View latest technical analysis

10 day averaged volume of Elin Electronics is 319868

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	158.70	156.40	162.15	154.80	0.579 times
06 Thu Jun 2024	155.55	152.95	158.90	152.85	0.32 times
05 Wed Jun 2024	152.85	152.95	154.25	145.65	0.486 times
04 Tue Jun 2024	151.10	158.00	158.85	145.15	1.055 times
03 Mon Jun 2024	162.45	170.00	170.80	160.40	1.163 times
31 Fri May 2024	162.00	159.40	170.60	157.00	4.461 times
30 Thu May 2024	156.25	155.85	159.85	153.10	1.021 times
29 Wed May 2024	153.75	153.95	157.55	153.00	0.468 times
28 Tue May 2024	153.95	155.85	156.85	153.25	0.212 times
27 Mon May 2024	154.75	158.00	159.35	154.05	0.387 times

My analysis of stock is bullish for shortterm, and stock might move up till 161.9 or till 166.5. Use a stoploss of 158.09 and if this stock hits its stoploss, then it can fall down till 154.27

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	129.30
Downside Target	136.20
Downside Target	144.50
Downside 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	145.63
Downside Intraday Target	132.57
Upside Intraday Target	171.28
Upside Intraday Target	183.87
Downside Intraday Target	158.22

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	158.70	170.00	170.80	145.15	0.55 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
07 Fri Jun 2024	158.70	170.00	170.80	145.15	0.288 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 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 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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Elin Electronics in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 158.69 and Elin Electronics (ELIN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.