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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 2024-06-27 View latest technical analysis

10 day averaged volume of Elin Electronics is 1276439

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	197.45	203.40	205.34	195.01	0.257 times
26 Wed Jun 2024	202.58	203.90	207.60	200.01	0.277 times
25 Tue Jun 2024	202.85	213.70	215.00	199.00	0.488 times
24 Mon Jun 2024	212.58	210.00	221.80	210.00	1.597 times
21 Fri Jun 2024	208.32	188.31	216.55	188.00	4.029 times
20 Thu Jun 2024	187.09	180.00	188.00	179.66	0.612 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	0.868 times
14 Fri Jun 2024	181.45	169.50	186.00	169.50	1.5 times
13 Thu Jun 2024	169.30	168.80	170.95	165.00	0.155 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 195.7, but if it comes below 195.7, then a intra day sell could be more profitable.
If you take a sell trade below 195.7, then use 195.7 as stoploss and 176.42 as target. However if you take a buy trade in stock , then use 195.7 as stoploss and 218.8 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	195.01
Upside Target	216.55
Upside Target	221.80

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	187.71
Downside Intraday Target	177.96
Upside Intraday Target	214.5
Upside Intraday Target	231.54
Upside Intraday Target	204.75

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	197.45	210.00	221.80	195.01	0.449 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
27 Thu Jun 2024	197.45	170.00	221.80	145.15	3.717 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 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 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 losing momentum.

MACD generated a BUY signal for Elin Electronics in short term and the buy 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. 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 199.54 and Elin Electronics (ELIN) stock is trading below this level. This means that stock is falling with high volumes. 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.