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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 2024-09-04 View latest technical analysis

10 day averaged volume of Elin Electronics is 1237786

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	257.91	255.10	264.95	250.50	1.374 times
03 Tue Sep 2024	255.65	234.90	257.00	233.06	1.593 times
02 Mon Sep 2024	233.37	239.60	240.36	231.41	0.257 times
30 Fri Aug 2024	238.15	237.70	243.80	234.43	0.251 times
29 Thu Aug 2024	235.96	242.70	244.99	233.79	0.406 times
28 Wed Aug 2024	241.51	241.99	257.40	239.36	0.911 times
27 Tue Aug 2024	242.51	247.50	247.50	238.13	0.447 times
26 Mon Aug 2024	247.74	244.00	262.50	241.50	2.721 times
23 Fri Aug 2024	239.64	221.00	244.50	218.82	3.118 times
22 Thu Aug 2024	215.60	214.90	217.17	211.64	0.118 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 263.5, for a target of 243.3 or 226.5

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
Downside Target	233.79
Downside Target	244.50
Upside Target	262.50
Upside Target	264.95

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	237.9
Downside Intraday Target	217.88
Upside Intraday Target	271.44
Upside Intraday Target	284.96
Downside Intraday Target	251.42

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	257.91	239.60	264.95	231.41	0.681 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 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
04 Wed Sep 2024	257.91	239.60	264.95	231.41	0.202 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 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 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 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 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 positive zone. This is a BUY zone

Stock of Elin Electronics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 245.83 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.