ELTK Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Eltek Ltd (ELTK) Moving Averages Convergence Divergence (MACD) indicator is -0.0401, suggesting ELTK is Strong Sell.

Eltek Ltd (ELTK) 20-Day simple moving average is 8.482, while Eltek Ltd (ELTK) share price is $8.075, making it Sell.

Eltek Ltd (ELTK) 60-Day simple moving average is 8.611, while Eltek Ltd (ELTK) share price is $8.075, making it Sell.

Technical Analysis for ELTK

Technical Sentiment Analysis for Eltek Ltd (ELTK) As of 2026-05-08, Eltek Ltd (ELTK) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 3 indicators are flashing buy, while 11 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELTK stands at 39.807, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0401, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 29.308 and the Commodity Channel Index (CCI) at -136.909 further confirm a -0.615 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELTK is trading below its 60-day moving average of $8.611 and below its 200-day long-term moving average of $9.548. Key price levels to watch include the immediate resistance at $8.981 and strong support at $8.031. A break above $8.981 could signal a bull continuation, while falling below $8.031 may test the next Fibonacci floor at $7.505.

Eltek Ltd (ELTK) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	7.081	7.505	8.031	8.455	8.981	9.405	9.931
Fibonacci	7.505	7.868	8.092	8.455	8.818	9.042	9.405

Eltek Ltd (ELTK) Technical Indicators

2026-05-08

Name	Value
RSI_14	39.807
STOCHk_14_3_3	29.308
STOCHd_14_3_3	38.879
CCI_20	-136.909
AO_5_34	-0.113
MOM_10	-0.615
MACD_12_26_9	-0.0401

Eltek Ltd (ELTK) Relative Strength Index (RSI) is 39.807, creating a Neutral signal.

Eltek Ltd (ELTK) Stochastic Oscillator is 29.308, creating a Neutral signal.

Eltek Ltd (ELTK) Stochastic RSI is 38.879, creating a Neutral signal.

Eltek Ltd (ELTK) Commodity Channel Index (CCI) is -136.909, creating a Buy signal.

Eltek Ltd (ELTK) Awesome Oscillator is -0.113, creating a Sell signal.

Eltek Ltd (ELTK) Momentum is -0.615, creating a Sell signal.

Eltek Ltd (ELTK) MACD is -0.0401, creating a Sell signal.

Eltek Ltd (ELTK) Moving Average

2026-05-08

Period	Simple	Signal
MA_5	8.312	Sell
MA_10	8.556	Sell
MA_20	8.482	Sell
MA_60	8.611	Sell
MA_200	9.548	Sell
MA_250	9.699	Sell

Eltek Ltd (ELTK) 5-Day simple moving average is 8.312, while Eltek Ltd (ELTK) share price is $8.075, making it a Sell.

Eltek Ltd (ELTK) 10-Day simple moving average is 8.556, while Eltek Ltd (ELTK) share price is $8.075, making it a Sell.

Eltek Ltd (ELTK) 20-Day simple moving average is 8.482, while Eltek Ltd (ELTK) share price is $8.075, making it a Sell.

Eltek Ltd (ELTK) 60-Day simple moving average is 8.611, while Eltek Ltd (ELTK) share price is $8.075, making it a Sell.

Eltek Ltd (ELTK) 200-Day simple moving average is 9.548, while Eltek Ltd (ELTK) share price is $8.075, making it a Sell.

Eltek Ltd (ELTK) 250-Day simple moving average is 9.699, while Eltek Ltd (ELTK) share price is $8.075, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for ELTK?

The overall technical consensus for Eltek Ltd (ELTK) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 5 sell signals.

What are the key support and resistance levels for Eltek Ltd (ELTK) today?

Based on pivot point calculations, Eltek Ltd (ELTK) has an immediate support level at 8.031 and a major resistance level at 8.981. Traders also monitor the pivot point at 8.455 to determine the intraday trend direction.

Is Eltek Ltd (ELTK) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Eltek Ltd (ELTK) is currently 39.807. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Eltek Ltd (ELTK)?

Eltek Ltd (ELTK) Moving Averages Convergence Divergence (MACD) indicator is -0.0401, suggesting ELTK is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Eltek Ltd.

How is Eltek Ltd (ELTK) performing relative to its 200-day moving average?

Eltek Ltd (ELTK) is currently trading at $8.075, which is below its 200-day simple moving average of 9.548. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.