Overall ELTK gets a technical rating of 1 out of 10. ELTK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ELTK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 8.99, a Stop Loss order could be placed below this zone.
7.96
3 important support areas can be observed.
5 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ELTK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELTK is down. |
| ChartMill Relative Strength | 15.09 | NEGATIVE | ELTK has a low relative strength, it was outperformed by 84.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELTK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ELTK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ELTK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.69 | NEUTRAL | The RSI value for ELTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ELTK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.52 | NEUTRAL | The Stochastics value for ELTK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ELTK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.66 | NEGATIVE | The low ADX value for ELTK suggests a weak or negative trend. |
NASDAQ:ELTK (1/28/2026, 4:30:02 PM)
9.0159
+0.32 (+3.63%)
ChartMill assigns a technical rating of 1 / 10 to ELTK.
The current trend direction for ELTEK LTD (ELTK) is Bearish.
ELTEK LTD (ELTK) has an RSI value of 49.6922. This indicates that the stock is currently neutral.
The MACD indicator for ELTEK LTD (ELTK) has a value of 0.0130922, indicating a bearish trend.
The short term momentum for ELTEK LTD (ELTK) is negative.