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Eltek Ltd.

ELTKNASDAQ
Technology
Hardware, Equipment & Parts
$8.72
$-0.08(-0.91%)
U.S. Market opens in 17h 22m

Eltek Ltd. (ELTK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Eltek Ltd. (NASDAQ:ELTK).

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

Eltek Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.57)
Trend Strength:Weak (ADX: 17.83)
Volatility:High (ATR: 0.44)
Support/Resistance:$8.36 – $9.20 (Bollinger Bands)

Technical conditions suggest Eltek Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 49.57

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 32.52

Bearish
Momentum remains weak below midpoint.

Williams %R: -58.54

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.23

Neutral
Price change is minimal.

Takeaway:Eltek Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.07

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.83

Weak
Weak trend, market trading sideways.

ATR (14): 0.44

Low
Low volatility, stable price action.

CCI (14): 7.13

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.20
Middle Band (SMA 20)
$8.78
Lower Band
$8.36
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$9.64
Middle Line (EMA 20)
$8.76
Lower Channel
$7.88
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume1.24M
Money Flow Index89.06Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index61.20Bullish, price momentum strongly favors buyers.

Overall Takeaway:ELTK shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Eltek Ltd., 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.

Overall Recommendation:Eltek Ltd. shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ