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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 2024-12-19 View latest technical analysis

10 day averaged volume of Elin Electronics is 163975

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	223.37	212.95	224.35	211.60	1.479 times
18 Wed Dec 2024	213.74	213.15	224.50	212.84	2.305 times
17 Tue Dec 2024	212.29	215.94	221.00	211.00	0.916 times
16 Mon Dec 2024	215.76	221.40	228.66	213.21	1.339 times
13 Fri Dec 2024	219.33	216.59	225.11	211.35	0.615 times
12 Thu Dec 2024	216.59	221.10	223.70	215.60	0.409 times
11 Wed Dec 2024	221.28	224.80	225.39	220.10	0.448 times
10 Tue Dec 2024	223.74	220.05	235.00	220.02	1.496 times
09 Mon Dec 2024	223.93	227.59	230.29	221.35	0.551 times
06 Fri Dec 2024	227.69	226.40	232.00	223.49	0.882 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 225.8 as stoploss in an intra day sell trade for a target of 218.75. However, stock will show a bullish move above 225.8.

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	188.62
Downside Target	198.41
Downside Target	211.00
Upside Target	224.79
Upside Target	230.85
Upside Target	233.49
Upside Target	235.00
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	213.36
Downside Intraday Target	203.35
Upside Intraday Target	231.02
Upside Intraday Target	238.67
Downside Intraday Target	221.01

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	223.37	221.40	228.66	211.00	1.716 times
13 Fri Dec 2024	219.33	227.59	235.00	211.35	0.577 times
06 Fri Dec 2024	227.69	218.00	233.49	214.70	1.612 times
29 Fri Nov 2024	218.51	205.70	224.79	202.41	1.03 times
22 Fri Nov 2024	201.70	205.00	214.89	198.92	1.13 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Elin Electronics (ELIN)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	223.37	218.00	235.00	211.00	0.945 times
29 Fri Nov 2024	218.51	217.10	239.37	198.92	0.595 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

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 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 BUY. 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.

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 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 in or above 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 and the buying is gaining 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 219.15 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 has given negative 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.