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 2024-07-16 View latest technical analysis

10 day averaged volume of Elin Electronics is 315218

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	200.70	205.69	207.45	199.70	0.628 times
15 Mon Jul 2024	203.53	210.99	211.10	201.00	0.944 times
12 Fri Jul 2024	206.82	216.47	218.95	205.00	1.44 times
11 Thu Jul 2024	210.40	205.00	213.00	205.00	0.804 times
10 Wed Jul 2024	204.71	209.41	216.00	200.92	1.835 times
09 Tue Jul 2024	207.92	202.00	210.00	200.25	1.027 times
08 Mon Jul 2024	201.81	205.30	207.00	197.35	0.739 times
05 Fri Jul 2024	203.51	204.94	204.94	200.79	0.499 times
04 Thu Jul 2024	203.03	206.71	210.19	201.96	0.716 times
03 Wed Jul 2024	206.71	208.01	212.20	205.20	0.839 times

My analysis of stock is bearish for shortterm, and stock might move down till 195.8 or till 186.8. Use a stoploss of 203.37 and if the stock hits stoploss, then it can shoot up till 210.92

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	171.00
Downside Target	177.50
Downside Target	195.00
Upside Target	211.10
Upside Target	216.55
Upside Target	218.00
Upside Target	218.95
Upside Target	221.80

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	196.57
Downside Intraday Target	192.43
Upside Intraday Target	207.97
Upside Intraday Target	215.23
Upside Intraday Target	203.83

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	200.70	210.99	211.10	199.70	0.269 times
12 Fri Jul 2024	206.82	205.30	218.95	197.35	0.958 times
05 Fri Jul 2024	203.51	208.99	218.00	200.79	0.495 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

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
16 Tue Jul 2024	200.70	208.99	218.95	197.35	0.277 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL signal for Elin Electronics in short term but the sell signal is initial and weak.

Elin Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Elin Electronics in short term and SELL signal is strong!

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

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 205.24 and Elin Electronics (ELIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.