Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Eltek Ltd. - Ordinary Shares (NASDAQ:ELTK)
Sidelines Mode (-55) - ELTK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ELTK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELTK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ELTK
The long-term trend has been DOWN since Mar 11th, 2024 at 12.00
The intermediate-term trend has been DOWN since Feb 13th, 2024 at 16.51
The short-term trend has been UP since Apr 17th, 2024 at 10.30
Smart Scan Analysis for ELTK
Based on our trend formula, ELTK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.9000 | 10.9818 | 10.6300 | 10.8000 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.7900 | 27551 | 2024-04-23 15:59:53 |
| Year High | 5.95 | Year High Date | 2018-01-16 |
| Year Low | 2.8481 | Year Low Date | 2018-11-13 |
| 52wk High | 22.8 | 52wk High Date | 2024-02-12 |
| 52wk Low | 3.9 | 52wk Low Date | 2023-05-16 |
| Year End Close | 1.1 | Average Volume | 60,521 |
| Shares Outstanding | 5,840 | Short Interest | 6,231 |
| % Institutional | 5.4 | Market Cap | 15M |
| Assets | 47,171,000M | Liabilities | 20,299,000M |
| P/E Ratio | 10.0841 | Beta | 1.79 |
| Volatility | 98.73 |