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 2024-06-26 View latest technical analysis

10 day averaged volume of Elin Electronics is 1278632

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	202.58	203.90	207.60	200.01	0.276 times
25 Tue Jun 2024	202.85	213.70	215.00	199.00	0.487 times
24 Mon Jun 2024	212.58	210.00	221.80	210.00	1.594 times
21 Fri Jun 2024	208.32	188.31	216.55	188.00	4.022 times
20 Thu Jun 2024	187.09	180.00	188.00	179.66	0.611 times
19 Wed Jun 2024	180.46	185.35	186.40	177.87	0.318 times
18 Tue Jun 2024	185.03	185.10	189.00	183.00	0.867 times
14 Fri Jun 2024	181.45	169.50	186.00	169.50	1.498 times
13 Thu Jun 2024	169.30	168.80	170.95	165.00	0.154 times
12 Wed Jun 2024	167.47	169.12	172.00	165.40	0.156 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 193.5, but if it comes below 193.5, then a intra day sell could be more profitable.
If you take a sell trade below 193.5, then use 193.5 as stoploss and 174.24 as target. However if you take a buy trade in stock , then use 193.5 as stoploss and 216.6 as target.

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	158.95
Downside Target	168.85
Downside Target	177.50
Downside Target	177.87
Downside Target	186.00
Downside Target	199.00
Upside Target	216.55
Upside Target	221.80

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	193.79
Downside Intraday Target	184.99
Upside Intraday Target	216.59
Upside Intraday Target	230.59
Upside Intraday Target	207.79

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	202.58	210.00	221.80	199.00	0.405 times
21 Fri Jun 2024	208.32	185.10	216.55	177.87	2.55 times
14 Fri Jun 2024	181.45	161.00	186.00	159.07	2.532 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

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
26 Wed Jun 2024	202.58	170.00	221.80	145.15	3.635 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, and volume has increased substantially. This means that the move can 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 to mid 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Elin Electronics in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 199.09 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.