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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 2024-09-02 View latest technical analysis

10 day averaged volume of Elin Electronics is 1064808

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	233.37	239.60	240.36	231.41	0.299 times
30 Fri Aug 2024	238.15	237.70	243.80	234.43	0.291 times
29 Thu Aug 2024	235.96	242.70	244.99	233.79	0.472 times
28 Wed Aug 2024	241.51	241.99	257.40	239.36	1.059 times
27 Tue Aug 2024	242.51	247.50	247.50	238.13	0.519 times
26 Mon Aug 2024	247.74	244.00	262.50	241.50	3.163 times
23 Fri Aug 2024	239.64	221.00	244.50	218.82	3.625 times
22 Thu Aug 2024	215.60	214.90	217.17	211.64	0.137 times
21 Wed Aug 2024	213.20	213.32	221.40	212.10	0.207 times
20 Tue Aug 2024	211.53	215.00	217.70	210.00	0.143 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 236.5 as stoploss in an intra day sell trade for a target of 219.96. However, stock will show a bullish move above 236.5.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	145.15
Downside Target	153.00
Downside Target	171.00
Downside Target	177.00
Downside Target	188.62
Downside Target	205.00
Downside Target	217.99
Downside Target	231.41
Upside Target	233.79
Upside Target	240.36
Upside Target	244.50
Upside Target	262.50

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	229.73
Downside Intraday Target	226.1
Upside Intraday Target	238.68
Upside Intraday Target	244
Upside Intraday Target	235.05

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	233.37	239.60	240.36	231.41	0.054 times
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

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
02 Mon Sep 2024	233.37	239.60	240.36	231.41	0.016 times
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

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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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. Bulls are getting tired and bears are picking up momentum.

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 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 240.88 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.