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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
$8.50
$0.04(0.47%)
U.S. Market opens in 1h 32m

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: 44.41)
Trend Strength:Moderate (ADX: 26.87)
Volatility:High (ATR: 0.63)
Support/Resistance:$8.18 – $9.39 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 44.41

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.66

Bearish
Momentum remains weak below midpoint.

Williams %R: -68.29

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.92

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.09

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.87

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.63

Low
Low volatility, stable price action.

CCI (14): -31.67

Bearish
Bearish, momentum remains under pressure.

Takeaway:Eltek Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.39
Middle Band (SMA 20)
$8.78
Lower Band
$8.18
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$10.02
Middle Line (EMA 20)
$8.76
Lower Channel
$7.49
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume307.82K
Money Flow Index86.14Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index42.84Neutral 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

ADX above 20 → strong underlying trend.

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:Eltek Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: ELTK) Technical Analysis FAQ