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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Eltek Ltd. - Ordinary Shares (NASDAQ:ELTK)
Long-Term Uptrend (+90) - ELTK is in a strong uptrend that is likely to continue. While ELTK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Nov 19th, 2024 at 11.480
The intermediate-term trend has been UP since Nov 4th, 2024 at 10.835
The short-term trend has been UP since Nov 12th, 2024 at 10.999
Smart Scan Analysis for ELTK
Based on our trend formula, ELTK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.24 | 12.00 | 11.20 | 11.70 | +0.46 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.65 | 88148 | 2024-11-19 15:59:37 |
| 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 | 9 | 52wk Low Date | 2024-08-05 |
| Year End Close | 1.1 | Average Volume | 13,792 |
| Shares Outstanding | 5,840 | Short Interest | 6,231 |
| % Institutional | 5.4 | Market Cap | 15M |
| Assets | 54,907,000M | Liabilities | 16,955,000M |
| P/E Ratio | 11.7083 | Beta | 1.79 |
| Volatility | 98.73 |