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 2024-08-16 View latest technical analysis

10 day averaged volume of Elin Electronics is 889745

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	207.29	211.00	212.84	205.00	0.208 times
14 Wed Aug 2024	207.86	215.00	217.99	206.22	0.396 times
13 Tue Aug 2024	214.12	224.00	230.00	212.99	0.84 times
12 Mon Aug 2024	223.80	216.48	232.83	211.60	1.775 times
09 Fri Aug 2024	216.66	214.20	217.99	208.01	0.999 times
08 Thu Aug 2024	210.61	206.00	213.35	203.11	1.112 times
07 Wed Aug 2024	203.36	195.27	209.80	192.70	1.752 times
06 Tue Aug 2024	191.85	192.04	208.80	188.62	1.584 times
05 Mon Aug 2024	190.83	197.00	202.79	189.02	0.312 times
02 Fri Aug 2024	204.79	203.00	210.00	201.10	0.45 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 211.2 as stoploss in an intra day sell trade for a target of 201.24. However, stock will show a bullish move above 211.2.

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	201.80
Upside Target	210.00
Upside Target	217.99
Upside Target	218.95
Upside Target	221.80
Upside Target	232.83

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	197.25
Downside Intraday Target	187.21
Upside Intraday Target	225.08
Upside Intraday Target	242.87
Upside Intraday Target	215.04

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	207.29	216.48	232.83	205.00	0.559 times
09 Fri Aug 2024	216.66	197.00	217.99	188.62	3.127 times
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

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 Fri Aug 2024	207.29	200.72	232.83	188.62	1.409 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 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 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 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.

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. 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 but SELL signal is weak.

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