We assign a technical rating of 0 out of 10 to ELTK. 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.
The technical rating of ELTK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
7.99
We found 1 important support area.
We can see 4 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for ELTK is neutral. |
| ChartMill Relative Strength | 26.2 | NEGATIVE | ELTK has a low relative strength, it was outperformed by 73.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELTK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELTK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELTK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.12 | NEUTRAL | The RSI value for ELTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ELTK has a positive trend. |
| Stochastics (14,3) | 45.92 | NEUTRAL | The Stochastics value for ELTK is a neutral value. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for ELTK suggests high volalility. |
| Average Directional Index/ADX (14) | 33.99 | POSITIVE | The high ADX value value for ELTK suggests a strong trend. |
NASDAQ:ELTK (12/5/2025, 8:16:11 PM)
9.53
-0.16 (-1.6%)
ChartMill assigns a technical rating of 0 / 10 to ELTK.
The current trend direction for ELTEK LTD (ELTK) is Bearish.
ELTEK LTD (ELTK) has an RSI value of 47.1163. This indicates that the stock is currently neutral.
The MACD indicator for ELTEK LTD (ELTK) has a value of 0.091697, indicating a bearish trend.
The short term momentum for ELTEK LTD (ELTK) is neutral.