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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 2024-08-02 View latest technical analysis

10 day averaged volume of Elin Electronics is 264552

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	204.79	203.00	210.00	201.10	1.512 times
01 Thu Aug 2024	207.06	200.72	209.75	199.00	2.625 times
31 Wed Jul 2024	199.74	195.49	203.00	193.97	1.075 times
30 Tue Jul 2024	193.96	199.77	199.77	193.00	0.389 times
29 Mon Jul 2024	197.79	197.00	202.81	195.32	0.594 times
26 Fri Jul 2024	195.94	196.38	201.80	195.30	0.46 times
25 Thu Jul 2024	196.38	197.49	199.71	194.39	0.613 times
24 Wed Jul 2024	197.15	186.75	199.79	186.52	0.905 times
23 Tue Jul 2024	187.14	193.80	194.79	177.00	1.014 times
22 Mon Jul 2024	191.73	184.00	197.00	183.31	1.066 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 206.2 as stoploss in an intra day sell trade for a target of 199.6. However, stock will show a bullish move above 206.2.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	136.20
Downside Target	145.15
Downside Target	153.00
Downside Target	171.00
Downside Target	177.00
Downside Target	185.25
Downside Target	193.00
Downside Target	197.35
Upside Target	210.00
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	195.19
Downside Intraday Target	185.6
Upside Intraday Target	212.19
Upside Intraday Target	219.6
Downside Intraday Target	202.6

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	204.79	197.00	210.00	193.00	1.526 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elin Electronics (ELIN)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	204.79	200.72	210.00	199.00	0.17 times
31 Wed Jul 2024	199.74	208.99	218.95	177.00	0.419 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

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 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 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 Strong and stock is gaining 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 buy signal for Elin Electronics in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 199.35 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.