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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 2024-10-16 View latest technical analysis

10 day averaged volume of Elin Electronics is 264636

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	230.40	229.75	234.00	226.39	0.5 times
15 Tue Oct 2024	229.72	234.65	234.65	228.27	0.405 times
14 Mon Oct 2024	233.40	235.40	237.00	229.42	0.587 times
11 Fri Oct 2024	237.36	232.50	240.00	227.49	0.893 times
10 Thu Oct 2024	231.57	223.62	236.90	223.62	1.398 times
09 Wed Oct 2024	223.94	234.90	236.56	220.33	1.046 times
08 Tue Oct 2024	233.55	217.79	234.69	214.43	0.985 times
07 Mon Oct 2024	216.08	228.95	230.17	213.67	1.369 times
04 Fri Oct 2024	227.15	229.10	236.70	224.36	1.161 times
03 Thu Oct 2024	228.26	238.00	242.16	225.05	1.221 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 227 as stoploss in an intra day buy trade for a target of 236.99. However, stock will show a bearish move below 227.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	145.15
Downside Target	177.00
Downside Target	188.62
Downside Target	213.67
Downside Target	218.95
Upside Target	237.00
Upside Target	240.00
Upside Target	244.60
Upside Target	258.65
Upside Target	262.50
Upside Target	282.00

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	225.53
Downside Intraday Target	220.65
Upside Intraday Target	236.14
Upside Intraday Target	241.87
Upside Intraday Target	231.26

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	230.40	235.40	237.00	226.39	0.262 times
11 Fri Oct 2024	237.36	228.95	240.00	213.67	1.328 times
04 Fri Oct 2024	227.15	234.00	244.60	224.36	0.751 times
27 Fri Sep 2024	234.32	248.10	258.65	231.50	0.359 times
20 Fri Sep 2024	246.46	269.50	282.00	238.16	1.138 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 Wed Oct 2024	230.40	232.65	244.60	213.67	0.189 times
30 Mon Sep 2024	233.32	239.60	282.00	230.85	0.744 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

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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Elin Electronics in short term and the sell 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 red color and prices are below the red cloud Prices appear to be moving up

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 228.28 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 falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.