ELTEK LTD (ELTK) Stock Technical Analysis
NASDAQ:ELTK - Nasdaq - IL0010828411 - Common Stock - Currency: USD
Overall ELTK gets a technical rating of 4 out of 10. In the last year, ELTK was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
76% of all other stocks performed better in the past year than ELTK.
ELTK is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 61% are performing better than ELTK.
Warning: ELTK has an average volume of 15164 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ELTK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELTK is lagging the market.
In the last month ELTK has a been trading in the 10.58 - 11.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ELTK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 11.25. Right above this resistance zone may be a good entry point.
More info and screens
10.20
11.92
When analyzing the support we can see 2 important areas.
- Support @10.86 from a trend line in the daily time frame.
- A support zone ranging from 10.30 to 10.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.25 to 11.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.65 to 11.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.41
Mansfield-0.45
10 Day High11.6
10 Day Low11.01
20 Day High11.6
20 Day Low10.58
52 Week High14.52
52 Week Low9
Performance
1 Week-0.36%
2 Weeks-1.07%
1 Month-0.98%
3 Month0.81%
6 Month5.29%
12 Month-17.79%
2 Year161.5%
3 Year178.5%
5 Year233.53%
10 Year92.07%
15 Year90.43%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)47.6
LBB10.93
UBB11.63
NASDAQ:ELTK (2/21/2025, 8:15:36 PM)
11.14
-0.11 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.98%
1 Week-0.36%
2 Weeks-1.07%
1 Month-0.98%
3 Month0.81%
6 Month5.29%
12 Month-17.79%
2 Year161.5%
3 Year178.5%
5 Year233.53%
10 Year92.07%
15 Year90.43%
Volatility
ATR(14)0.41
ATR(20)%3.38%
ATR Inc-0.31%
Range Today0.22
ADR(20)0.36
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.41
Mansfield-0.45
10 Day High11.6
10 Day Low11.01
20 Day High11.6
20 Day Low10.58
52 Week High14.52
52 Week Low9
CS1 End10.86
CR1 Start11.25
Volume & EV
DER(3)-23.01%
DER(5)-14.13%
Volume8.20K
Volume Incr10.82%
Vol(5)10.86K
Vol(50)15.16K