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Stock analysis Elin Electronics Limited ELIN

More indepth analysis on MunafaSutra.com

Moving Averages for Elin Electronics Limited

  • 5Day Average: 168.44
  • 12Day Average: 163.48
  • 20Day Average: 157.38
  • 50Day Average: 151.66
  • 100Day Average: 153.52
  • 150Day Average: 157.55
  • 200Day Average: 157.5

ELIN Indicators & signals

Indicator MACD (12,26,9)

163.66, 157.72, 4.76
Indicator MACD is in positive zone

Indicator ADX (14)

28.11, 26.12, 14.66
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 62
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
30 Tue Apr 2024 166.60 165.65 to 170.50 0.42% 0.2 times
29 Mon Apr 2024 165.90 165.00 to 169.90 -0.63% 0.3 times
26 Fri Apr 2024 166.95 165.45 to 172.10 -1.56% 0.21 times
25 Thu Apr 2024 169.60 168.70 to 175.50 -2.05% 0.35 times
24 Wed Apr 2024 173.15 171.40 to 177.50 -0.14% 0.45 times
23 Tue Apr 2024 173.40 170.10 to 176.50 1.94% 0.87 times
22 Mon Apr 2024 170.10 169.20 to 175.40 -0.64% 0.75 times
19 Fri Apr 2024 171.20 158.15 to 176.15 4.36% 3.18 times
18 Thu Apr 2024 164.05 150.95 to 167.85 10.58% 3.63 times
16 Tue Apr 2024 148.35 142.05 to 149.45 2.28% 0.12 times
15 Mon Apr 2024 145.05 142.55 to 146.95 -1.56% 0.14 times
12 Fri Apr 2024 147.35 145.35 to 148.60 0.14% 0.11 times

Technical analysis forecast of Elin Electronics Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Elin Electronics Limited ELIN at this time. Stock is rising and might rise more.

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

Stock of Elin Electronics Limited (ELIN) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Elin Electronics Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 170.5 as stoploss in an intra day sell trade for a target of 159.63. However, stock will show a bullish move above 170.5.

More indepth analysis on MunafaSutra.com