Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Elin Electronics is 648258

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	173.15	173.35	177.50	171.40	0.483 times
23 Tue Apr 2024	173.40	170.10	176.50	170.10	0.937 times
22 Mon Apr 2024	170.10	173.00	175.40	169.20	0.806 times
19 Fri Apr 2024	171.20	160.40	176.15	158.15	3.431 times
18 Thu Apr 2024	164.05	150.95	167.85	150.95	3.917 times
16 Tue Apr 2024	148.35	143.00	149.45	142.05	0.133 times
15 Mon Apr 2024	145.05	145.00	146.95	142.55	0.156 times
12 Fri Apr 2024	147.35	146.90	148.60	145.35	0.116 times
10 Wed Apr 2024	147.15	150.50	150.50	146.50	0.164 times
09 Tue Apr 2024	149.00	151.90	152.25	148.25	0.142 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 177.8, for a target of 163.4 or 151.46

Share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Target	129.30
Downside Target	136.20
Downside Target	142.05
Downside Target	153.00
Downside Target	156.80
Downside Target	158.95
Downside Target	168.85
Downside Target	169.20
Upside Target	176.15
Upside Target	177.50
Upside Target	178.50

Intraday share price targets for Elin Electronics (ELIN)

Target Type	Value
Downside Intraday Target	169.07
Downside Intraday Target	164.98
Upside Intraday Target	177.37
Upside Intraday Target	181.58
Upside Intraday Target	173.28

Weekly technical analysis of Elin Electronics (ELIN)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	173.15	173.00	177.50	169.20	0.292 times
19 Fri Apr 2024	171.20	145.00	176.15	142.05	12.305 times
12 Fri Apr 2024	147.35	152.95	153.70	145.35	0.447 times
05 Fri Apr 2024	152.00	136.90	153.00	136.20	1.051 times
28 Thu Mar 2024	133.25	140.00	146.40	131.05	0.93 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
24 Wed Apr 2024	173.15	136.90	177.50	136.20	2.097 times
28 Thu Mar 2024	133.25	154.60	158.95	129.30	0.773 times
29 Thu Feb 2024	154.60	161.85	168.85	144.50	0.5 times
31 Wed Jan 2024	160.70	147.85	178.50	147.50	2.854 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 coming down

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 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 167.03 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.