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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 2024-08-30 View latest technical analysis

10 day averaged volume of Elin Electronics is 1052292

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	238.15	237.70	243.80	234.43	0.295 times
29 Thu Aug 2024	235.96	242.70	244.99	233.79	0.478 times
28 Wed Aug 2024	241.51	241.99	257.40	239.36	1.072 times
27 Tue Aug 2024	242.51	247.50	247.50	238.13	0.526 times
26 Mon Aug 2024	247.74	244.00	262.50	241.50	3.201 times
23 Fri Aug 2024	239.64	221.00	244.50	218.82	3.668 times
22 Thu Aug 2024	215.60	214.90	217.17	211.64	0.138 times
21 Wed Aug 2024	213.20	213.32	221.40	212.10	0.209 times
20 Tue Aug 2024	211.53	215.00	217.70	210.00	0.144 times
19 Mon Aug 2024	213.51	208.80	221.00	208.80	0.388 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 235, but if it comes below 235, then a intra day sell could be more profitable.
If you take a sell trade below 235, then use 235 as stoploss and 218.53 as target. However if you take a buy trade in stock , then use 235 as stoploss and 254.9 as target.

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	188.62
Downside Target	193.00
Downside Target	205.00
Downside Target	217.99
Downside Target	232.83
Downside Target	233.79
Upside Target	244.50
Upside Target	262.50

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	227.13
Downside Intraday Target	216.1
Upside Intraday Target	255.84
Upside Intraday Target	273.52
Upside Intraday Target	244.81

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	238.15	244.00	262.50	233.79	1.225 times
23 Fri Aug 2024	239.64	208.80	244.50	208.80	1.671 times
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

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
30 Fri Aug 2024	238.15	200.72	262.50	188.62	3.062 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, and volume has increased substantially. This means that the move can 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 tired and bears are picking up momentum.

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 240.05 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.