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Electrovaya Inc.

ELVANASDAQ
Industrials
Electrical Equipment & Parts
$8.34
$-0.28(-3.25%)
U.S. Market is Open • 15:19

Electrovaya Inc. (ELVA) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Electrovaya Inc. (NASDAQ:ELVA).

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

ELVA Technical Analysis Summary

Electrovaya Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.88)
Trend Strength:Moderate (ADX: 21.04)
Volatility:High (ATR: 0.67)
Support/Resistance:$7.22 – $8.54 (Bollinger Bands)

Overall, Electrovaya Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.88

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 79.28

Bullish
Buying momentum building without extremes.

Williams %R: -47.75

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 9.32

Strongly Bullish
Strong upside momentum.

Takeaway:Electrovaya Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.17

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.04

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.67

Low
Low volatility, stable price action.

CCI (14): 86.23

Bullish
Bullish, momentum building upward.

Takeaway:Electrovaya Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.54
Middle Band (SMA 20)
$7.88
Lower Band
$7.22
Current Position
Within Bands

Takeaway:Electrovaya Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$9.52
Middle Line (EMA 20)
$8.18
Lower Channel
$6.84
Squeeze Status
Squeeze On

Takeaway:Electrovaya Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume3.80M
Money Flow Index55.51Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.84Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:ELVA shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Electrovaya Inc., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Electrovaya Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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