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Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Eltek Ltd. - Ordinary Shares (NASDAQ:ELTK)
Bull Market Weakness (+75) - ELTK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ELTK as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for ELTK
The long-term trend has been UP since May 18th, 2023 at 4.5700
The intermediate-term trend has been UP since Aug 21st, 2023 at 8.9899
The short-term trend has been DOWN since Dec 8th, 2023 at 12.3200
Smart Scan Analysis for ELTK
Based on our trend formula, ELTK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.3700 | 12.7258 | 12.3100 | 12.5350 | -0.0750 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.6100 | 15155 | 2023-12-08 15:51:20 |
| Year High | 5.95 | Year High Date | 2018-01-16 |
| Year Low | 2.8481 | Year Low Date | 2018-11-13 |
| 52wk High | 14.229 | 52wk High Date | 2023-11-24 |
| 52wk Low | 3.84 | 52wk Low Date | 2023-04-04 |
| Year End Close | 1.1 | Average Volume | 80,191 |
| Shares Outstanding | 5,840 | Short Interest | 6,231 |
| % Institutional | 5.4 | Market Cap | 15M |
| Assets | 40,985,000M | Liabilities | 19,965,000M |
| P/E Ratio | 22.9273 | Beta | 1.79 |
| Volatility | 98.73 |