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ELTEK LTD (ELTK) Stock Technical Analysis

USA - Nasdaq - NASDAQ:ELTK - IL0010828411 - Common Stock

9.53 USD
-0.16 (-1.6%)
Last: 12/5/2025, 8:16:11 PM
Technical Rating and Analysis

0

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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
74% of all other stocks performed better in the past year than ELTK.
ELTK is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 62% are performing better than ELTK.
Warning: ELTK has an average volume of 13944 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ELTK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELTK is lagging the market.
In the last month ELTK has a been trading in the 7.85 - 11.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ELTEK LTD / ELTK Weekly stock chart
ELTEK LTD / ELTK Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

7.99

12.03

We found 1 important support area.

  • Support @8.07 from a trend line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 9.54 to 9.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 11.13 to 11.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 11.58 to 11.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @11.91 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ELTK is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ELTK is neutral.
ChartMill Relative Strength26.2NEGATIVEELTK has a low relative strength, it was outperformed by 73.8% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ELTK is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ELTK is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ELTK is below a declining SMA(200).
Relative Strength Index/RSI (14)47.12NEUTRALThe RSI value for ELTK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.09POSITIVEThe MACD value suggests ELTK has a positive trend.
Stochastics (14,3)45.92NEUTRALThe Stochastics value for ELTK is a neutral value.
Average True Range in percent/ATR (20)5.44HIGH VOLATILITYThe high ATR as a percentage value for ELTK suggests high volalility.
Average Directional Index/ADX (14)33.99POSITIVEThe high ADX value value for ELTK suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ELTEK LTD / ELTK Daily stock chart

ELTEK LTD

NASDAQ:ELTK (12/5/2025, 8:16:11 PM)

9.53

-0.16 (-1.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.6%
1 Week11.26%
2 Weeks16.22%
1 Month-14.91%
3 Month-5.55%
6 Month-5.21%
12 Month-10.73%
2 Year-31.68%
3 Year131.63%
5 Year89.46%
10 Year50.08%
15 Year25.39%
Volatility
ATR(14)0.64
ATR(20)%5.44%
ATR Inc-20.81%
Range Today0.47
ADR(20)0.42
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.2
3 months CRS27.17
6 months CRS23.27
Mansfield-1.72
10 Day High9.88
10 Day Low7.85
20 Day High11.59
20 Day Low7.85
52 Week High12.19
52 Week Low7.65
CS1 End8.07
CR1 Start9.54
Volume & EV
DER(3)0.7%
DER(5)-1.29%
Volume2.70K
Volume Incr1460.73%
Vol(5)98.56K
Vol(50)13.94K

ELTEK LTD / ELTK FAQ

Can you provide the ChartMill technical rating for ELTEK LTD?

ChartMill assigns a technical rating of 0 / 10 to ELTK.


What is the trend direction for ELTK stock?

The current trend direction for ELTEK LTD (ELTK) is Bearish.


Can you provide the RSI signal for ELTEK LTD?

ELTEK LTD (ELTK) has an RSI value of 47.1163. This indicates that the stock is currently neutral.


What is the MACD signal for ELTEK LTD (ELTK) stock?

The MACD indicator for ELTEK LTD (ELTK) has a value of 0.091697, indicating a bearish trend.


Can you provide the short term momentum for ELTEK LTD?

The short term momentum for ELTEK LTD (ELTK) is neutral.