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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 2024-07-22 View latest technical analysis

10 day averaged volume of Elin Electronics is 306117

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	191.73	184.00	197.00	183.31	0.922 times
19 Fri Jul 2024	186.71	194.20	194.20	185.25	1.088 times
18 Thu Jul 2024	194.25	200.70	200.70	193.51	0.762 times
16 Tue Jul 2024	200.70	205.69	207.45	199.70	0.646 times
15 Mon Jul 2024	203.53	210.99	211.10	201.00	0.972 times
12 Fri Jul 2024	206.82	216.47	218.95	205.00	1.483 times
11 Thu Jul 2024	210.40	205.00	213.00	205.00	0.828 times
10 Wed Jul 2024	204.71	209.41	216.00	200.92	1.889 times
09 Tue Jul 2024	207.92	202.00	210.00	200.25	1.057 times
08 Mon Jul 2024	201.81	205.30	207.00	197.35	0.761 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 189.1, for a target of 196.8 or 203.21

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	183.31
Upside Target	195.00
Upside Target	211.10
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	184.36
Downside Intraday Target	176.99
Upside Intraday Target	198.05
Upside Intraday Target	204.37
Downside Intraday Target	190.68

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	191.73	184.00	197.00	183.31	0.266 times
19 Fri Jul 2024	186.71	210.99	211.10	185.25	0.576 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

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
22 Mon Jul 2024	191.73	208.99	218.95	183.31	0.332 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Elin Electronics ( (ELIN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

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

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 201.42 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.