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Stock Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

Eltek Ltd (NASDAQ:ELTK)

Crossroads (-60) - ELTK is struggling to move into a solid trend. Beware of choppy markets 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.

NASDAQ_ELTK
Open High Low ELTK Price Change
5.2400 5.2900 5.0229 5.2895 +0.1695
Entry Signal

MarketClub’s Trade Triangles for ELTK

long term up The long-term trend has been UP since Apr 27th, 2020 at 4.7500

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 5.3200

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 5.4489

Smart Scan Analysis for ELTK

Based on our trend formula, ELTK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ELTK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.2400 5.2900 5.0229 5.2895 +0.1695
Prev. Close Volume Bid Ask Time
5.2800 34416 2021-03-05 15:46:52
Year High5.95Year High Date2018-01-16
Year Low2.8481Year Low Date2018-11-13
52wk High8.1252wk High Date2021-02-17
52wk Low2.2852wk Low Date2020-03-17
Year End Close1.1Average Volume97,626
Shares Outstanding4,380Short Interest6,231
% Institutional5.4Market Cap15M
Assets22,996,000MLiabilities14,746,000M
P/E Ratio10.24Beta1.79
Volatility98.73
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