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Eltek Ltd.

ELTK Technical Analysis Summary (NASDAQ)

Analyze ELTK on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ELTK●NASDAQ
TechnologyHardware, Equipment & Parts
$7.76
$0.39(4.75%)
U.S. Market opens in 12h 6m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ELTK Technical Analysis Summary (NASDAQ)

Eltek Ltd. (NASDAQ: ELTK) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.58)
Trend Strength:Weak (ADX: 17.11)
Volatility:High (ATR: 0.47)
Support/Resistance:$7.59 – $8.73 (Bollinger Bands)

Technical conditions suggest Eltek Ltd. on the NASDAQ is awaiting a decisive move. Overall, Eltek Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 41.58

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.71

Bearish
Momentum remains weak below midpoint.

Williams %R: -92.88

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.75

Bearish
Selling pressure outweighs buying.

Takeaway:Eltek Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.11

Weak
Weak trend, market trading sideways.

ATR (14): 0.47

Low
Low volatility, stable price action.

CCI (14): -109.22

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Eltek Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.73
Middle Band (SMA 20)
$8.16
Lower Band
$7.59
Current Position
Within Bands

Takeaway:Eltek Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$9.12
Middle Line (EMA 20)
$8.17
Lower Channel
$7.23
Squeeze Status
Squeeze On

Takeaway:Eltek Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume452.55K
Money Flow Index93.43Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index41.16Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ELTK shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Eltek Ltd. (NASDAQ: ELTK), here are the key trading signals and recommendations:

Bullish Signals

No significant bullish signals detected.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Eltek Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: ELTK) Technical Analysis FAQ