Homepage Active Options Active Stocks

Stock analysis Elin Electronics Limited ELIN

More indepth analysis on MunafaSutra.com

Moving Averages for Elin Electronics Limited

  • 5Day Average: 198.4
  • 12Day Average: 202.51
  • 20Day Average: 204.04
  • 50Day Average: 179.31
  • 100Day Average: 166.01
  • 150Day Average: 162.49
  • 200Day Average: 163.01

ELIN Indicators & signals

Indicator MACD (12,26,9)

199.62, 194.88, 8.07
Indicator MACD is in positive zone

Indicator ADX (14)

1.75, 23.24, 24.07
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ELIN Elin Electronics Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Jul 2024 186.71 185.25 to 194.20 -3.88% 1.13 times
18 Thu Jul 2024 194.25 193.51 to 200.70 -3.21% 0.79 times
16 Tue Jul 2024 200.70 199.70 to 207.45 -1.39% 0.67 times
15 Mon Jul 2024 203.53 201.00 to 211.10 -1.59% 1.01 times
12 Fri Jul 2024 206.82 205.00 to 218.95 -1.7% 1.54 times
11 Thu Jul 2024 210.40 205.00 to 213.00 2.78% 0.86 times
10 Wed Jul 2024 204.71 200.92 to 216.00 -1.54% 1.96 times
09 Tue Jul 2024 207.92 200.25 to 210.00 3.03% 1.1 times
08 Mon Jul 2024 201.81 197.35 to 207.00 -0.84% 0.79 times
05 Fri Jul 2024 203.51 200.79 to 204.94 0.24% 0.53 times
04 Thu Jul 2024 203.03 201.96 to 210.19 -1.78% 0.76 times
03 Wed Jul 2024 206.71 205.20 to 212.20 -0.63% 0.9 times

Technical analysis forecast for Elin Electronics Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Elin Electronics Limited ELIN at this time. Stock is falling and might fall more.

It appears as if Elin Electronics Limited ELIN gave a large move recently.

Stock of Elin Electronics Limited (ELIN) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

Although my analysis for Elin Electronics Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 184.5, for a target of 191.6 or 197.54

More indepth analysis on MunafaSutra.com