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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 2024-07-29 View latest technical analysis

10 day averaged volume of Elin Electronics is 258923

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	197.79	197.00	202.81	195.32	0.607 times
26 Fri Jul 2024	195.94	196.38	201.80	195.30	0.47 times
25 Thu Jul 2024	196.38	197.49	199.71	194.39	0.626 times
24 Wed Jul 2024	197.15	186.75	199.79	186.52	0.925 times
23 Tue Jul 2024	187.14	193.80	194.79	177.00	1.036 times
22 Mon Jul 2024	191.73	184.00	197.00	183.31	1.089 times
19 Fri Jul 2024	186.71	194.20	194.20	185.25	1.287 times
18 Thu Jul 2024	194.25	200.70	200.70	193.51	0.901 times
16 Tue Jul 2024	200.70	205.69	207.45	199.70	0.764 times
15 Mon Jul 2024	203.53	210.99	211.10	201.00	1.149 times

My analysis of stock is bearish for shortterm, and stock might move down till 193.8 or till 185.3. Use a stoploss of 200.78 and if the stock hits stoploss, then it can shoot up till 207.81

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	177.00
Downside Target	185.25
Downside Target	195.32
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	194.47
Downside Intraday Target	191.15
Upside Intraday Target	201.96
Upside Intraday Target	206.13
Upside Intraday Target	198.64

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	197.79	197.00	202.81	195.32	0.146 times
26 Fri Jul 2024	195.94	184.00	201.80	177.00	1.011 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

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
29 Mon Jul 2024	197.79	208.99	218.95	177.00	0.394 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

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 stronger in this stock.

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

CCI has generated a buy signal for Elin Electronics in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 194.56 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 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.