Stock analysis Elin Electronics Limited ELIN
More indepth analysis on MunafaSutra.com
Recent prices of ELIN Elin Electronics Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 21 Mon Oct 2024 | 213.29 | 211.10 to 225.94 | -2.75% | 0.76 times |
| 18 Fri Oct 2024 | 219.32 | 216.47 to 225.97 | -2.23% | 1.25 times |
| 17 Thu Oct 2024 | 224.33 | 222.91 to 233.19 | -2.63% | 0.55 times |
| 16 Wed Oct 2024 | 230.40 | 226.39 to 234.00 | 0.3% | 0.57 times |
| 15 Tue Oct 2024 | 229.72 | 228.27 to 234.65 | -1.58% | 0.46 times |
| 14 Mon Oct 2024 | 233.40 | 229.42 to 237.00 | -1.67% | 0.67 times |
| 11 Fri Oct 2024 | 237.36 | 227.49 to 240.00 | 2.5% | 1.02 times |
| 10 Thu Oct 2024 | 231.57 | 223.62 to 236.90 | 3.41% | 1.6 times |
| 09 Wed Oct 2024 | 223.94 | 220.33 to 236.56 | -4.11% | 1.19 times |
| 08 Tue Oct 2024 | 233.55 | 214.43 to 234.69 | 8.08% | 1.12 times |
| 07 Mon Oct 2024 | 216.08 | 213.67 to 230.17 | -4.87% | 1.56 times |
| 04 Fri Oct 2024 | 227.15 | 224.36 to 236.70 | -0.49% | 1.32 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, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Elin Electronics Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Elin Electronics Limited stays below 220.1, but if it comes above 220.1, then a intra day buy could be more profitable.
If you take a sell trade below 220.1, then use 220.1 as stoploss and 206.9 as target. However if you take a buy trade in Elin Electronics Limited, then use 220.1 as stoploss and 231.09 as target.