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Electrovaya Inc.

ELVA Technical Analysis Summary (NASDAQ)

Analyze ELVA on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ELVA●NASDAQ
IndustrialsElectrical Equipment & Parts
$6.90
$0.16(2.30%)
U.S. Market opens in 28h 44m

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 (NASDAQ)

Electrovaya Inc. (NASDAQ: ELVA) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.80)
Trend Strength:Moderate (ADX: 24.01)
Volatility:High (ATR: 0.50)
Support/Resistance:$5.73 – $8.47 (Bollinger Bands)

Technical conditions suggest Electrovaya Inc. on the NASDAQ is awaiting a decisive move. Technical conditions suggest Electrovaya Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.80

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 29.31

Bearish
Momentum remains weak below midpoint.

Williams %R: -57.33

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -10.78

Strongly Bearish
Sharp downside momentum.

Takeaway:Electrovaya Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.53

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.01

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.50

Low
Low volatility, stable price action.

CCI (14): 27.14

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
$8.47
Middle Band (SMA 20)
$7.10
Lower Band
$5.73
Current Position
Within Bands

Takeaway:Electrovaya Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$8.15
Middle Line (EMA 20)
$7.16
Lower Channel
$6.16
Squeeze Status
No Squeeze

Takeaway:Electrovaya Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume17.50M
Money Flow Index22.47Bearish, selling pressure outweighs inflows.
Relative Vigor Index31.58Bearish, price momentum favors sellers.

Overall Takeaway:ELVA shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(NASDAQ: ELVA) Technical Analysis FAQ