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 2024-06-11 View latest technical analysis

10 day averaged volume of Elin Electronics is 335344

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	169.19	166.50	171.00	165.36	1.119 times
10 Mon Jun 2024	165.80	161.00	167.96	159.07	0.686 times
07 Fri Jun 2024	158.70	156.40	162.15	154.80	0.552 times
06 Thu Jun 2024	155.55	152.95	158.90	152.85	0.305 times
05 Wed Jun 2024	152.85	152.95	154.25	145.65	0.464 times
04 Tue Jun 2024	151.10	158.00	158.85	145.15	1.006 times
03 Mon Jun 2024	162.45	170.00	170.80	160.40	1.11 times
31 Fri May 2024	162.00	159.40	170.60	157.00	4.255 times
30 Thu May 2024	156.25	155.85	159.85	153.10	0.974 times
29 Wed May 2024	153.75	153.95	157.55	153.00	0.447 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 169.5, for a target of 163.8 or 159.12

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
Downside Target	156.70
Downside Target	167.20
Downside 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	161.84
Downside Intraday Target	154.49
Upside Intraday Target	173.77
Upside Intraday Target	178.35
Downside Intraday Target	166.42

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	169.19	161.00	171.00	159.07	0.525 times
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

Price has moved up 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
11 Tue Jun 2024	169.19	170.00	171.00	145.15	0.44 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Elin Electronics in short term and the buy signal is strong.

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

Elin Electronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

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 160.43 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.