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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 2024-11-11 View latest technical analysis

10 day averaged volume of Elin Electronics is 131094

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	226.13	226.21	233.75	220.33	1.579 times
08 Fri Nov 2024	226.21	237.75	237.75	224.00	0.868 times
07 Thu Nov 2024	235.95	230.90	237.99	227.03	2.146 times
06 Wed Nov 2024	231.35	222.94	239.37	221.61	2.33 times
05 Tue Nov 2024	221.23	218.70	223.95	215.38	0.873 times
04 Mon Nov 2024	218.83	223.93	224.69	214.02	0.723 times
01 Fri Nov 2024	223.93	217.10	226.50	217.10	0.393 times
31 Thu Oct 2024	216.22	220.00	220.99	214.10	0.362 times
30 Wed Oct 2024	218.70	206.00	221.00	206.00	1.066 times
29 Tue Oct 2024	207.57	206.89	211.00	205.00	0.569 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 228.3 as stoploss in an intra day sell trade for a target of 219.27. However, stock will show a bullish move above 228.3.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	177.00
Downside Target	188.62
Downside Target	198.41
Downside Target	214.02
Downside Target	225.94
Upside Target	233.75
Upside Target	237.00
Upside Target	239.37
Upside Target	244.60
Upside Target	262.50
Upside Target	282.00

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	219.72
Downside Intraday Target	213.32
Upside Intraday Target	233.14
Upside Intraday Target	240.16
Upside Intraday Target	226.74

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	226.13	226.21	233.75	220.33	0.227 times
08 Fri Nov 2024	226.21	223.93	239.37	214.02	2.269 times
01 Fri Nov 2024	223.93	202.60	226.50	198.41	0.392 times
25 Fri Oct 2024	202.57	220.80	225.94	200.00	1.258 times
18 Fri Oct 2024	219.32	235.40	237.00	216.47	0.54 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
11 Mon Nov 2024	226.13	217.10	239.37	214.02	0.256 times
31 Thu Oct 2024	216.22	232.65	244.60	198.41	0.311 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

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Elin Electronics stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Elin Electronics in short term but the buy signal is initial and weak.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 226.2 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 negative.

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