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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 2024-07-02 View latest technical analysis

10 day averaged volume of Elin Electronics is 1223182

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	208.03	213.90	214.19	205.55	0.298 times
01 Mon Jul 2024	211.25	208.99	218.00	208.99	0.744 times
28 Fri Jun 2024	207.55	199.00	209.00	195.00	0.443 times
27 Thu Jun 2024	197.45	203.40	205.34	195.01	0.268 times
26 Wed Jun 2024	202.58	203.90	207.60	200.01	0.289 times
25 Tue Jun 2024	202.85	213.70	215.00	199.00	0.509 times
24 Mon Jun 2024	212.58	210.00	221.80	210.00	1.666 times
21 Fri Jun 2024	208.32	188.31	216.55	188.00	4.204 times
20 Thu Jun 2024	187.09	180.00	188.00	179.66	0.639 times
19 Wed Jun 2024	180.46	185.35	186.40	177.87	0.332 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 204.6, but if it comes below 204.6, then a intra day sell could be more profitable.
If you take a sell trade below 204.6, then use 204.6 as stoploss and 183.73 as target. However if you take a buy trade in stock , then use 204.6 as stoploss and 229.7 as target.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	129.30
Downside Target	136.20
Downside Target	145.15
Downside Target	153.00
Downside Target	158.95
Downside Target	170.80
Downside Target	177.50
Downside Target	186.00
Downside Target	195.00
Downside Target	205.55
Upside Target	216.55
Upside Target	218.00
Upside Target	221.80

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	203.05
Downside Intraday Target	198.08
Upside Intraday Target	215.5
Upside Intraday Target	222.98
Upside Intraday Target	210.53

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	208.03	208.99	218.00	205.55	0.328 times
28 Fri Jun 2024	207.55	210.00	221.80	195.00	0.522 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

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
02 Tue Jul 2024	208.03	208.99	218.00	205.55	0.083 times
28 Fri Jun 2024	207.55	170.00	221.80	145.15	3.853 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

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 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 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 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.

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 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 206.05 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.