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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 2024-11-22 View latest technical analysis

10 day averaged volume of Elin Electronics is 171784

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	201.70	200.89	205.00	199.81	0.688 times
21 Thu Nov 2024	200.11	204.00	207.15	198.98	0.653 times
19 Tue Nov 2024	205.84	203.00	214.89	202.00	1.332 times
18 Mon Nov 2024	201.09	205.00	207.50	198.92	0.835 times
14 Thu Nov 2024	206.24	207.55	212.50	204.10	0.631 times
13 Wed Nov 2024	207.55	214.54	217.79	206.00	0.628 times
12 Tue Nov 2024	216.82	227.05	229.69	214.82	0.638 times
11 Mon Nov 2024	226.13	226.21	233.75	220.33	1.205 times
08 Fri Nov 2024	226.21	237.75	237.75	224.00	0.662 times
07 Thu Nov 2024	235.95	230.90	237.99	227.03	1.637 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 203.7, but if it comes above 203.7, then a intra day buy could be more profitable.
If you take a sell trade below 203.7, then use 203.7 as stoploss and 191.1 as target. However if you take a buy trade in stock , then use 203.7 as stoploss and 214.21 as target.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	177.00
Downside Target	188.62
Downside Target	198.41
Upside Target	204.10
Upside Target	214.02
Upside Target	225.94
Upside Target	230.85
Upside Target	233.75
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	195.45
Downside Intraday Target	189.2
Upside Intraday Target	211.42
Upside Intraday Target	221.14
Upside Intraday Target	205.17

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	201.70	205.00	214.89	198.92	1.13 times
14 Thu Nov 2024	206.24	226.21	233.75	204.10	0.586 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

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
22 Fri Nov 2024	201.70	217.10	239.37	198.92	0.459 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Elin Electronics in short term and the sell signal is strong.

Elin Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Elin Electronics in short term but BUY 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 215.38 and Elin Electronics (ELIN) stock is trading below this level. This means that stock is falling with high volumes. 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.