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ELECTROVAYA INC (ELVA.CA) Stock Technical Analysis

TSX:ELVA - Toronto Stock Exchange - CA28617B6061 - Common Stock - Currency: CAD

3.26  -0.07 (-2.1%)

Technical Rating and Analysis

0

Taking everything into account, ELVA scores 0 out of 10 in our technical rating. ELVA'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.

When comparing the yearly performance of all stocks, ELVA is a bad performer in the overall market: 87% of all stocks are doing better.
ELVA is part of the Electrical Equipment industry. There are 14 other stocks in this industry, of which 84% are performing better than ELVA.
ELVA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ELVA has a been trading in the 3.17 - 4.10 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: ELVA has an average volume of 25904 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Weekly and Daily overview Charts
ELECTROVAYA INC / ELVA Weekly stock chart
ELECTROVAYA INC / ELVA Daily stock chart
Setup Rating and Analysis

3

The technical rating of ELVA 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

3.22

4.01

We found 1 important support area.

  • A support zone ranging from 3.25 to 3.25. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 3.56 to 3.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @3.78 from a trend line in the weekly time frame.
  • Resistance @3.89 from a trend line in the daily time frame.
  • Resistance @3.97 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.93
Mansfield-1.82
10 Day High3.66
10 Day Low3.18
20 Day High4.1
20 Day Low3.17
52 Week High5.57
52 Week Low2.54
Performance
1 Week-6.05%
2 Weeks-9.19%
1 Month-17.88%
3 Month-0.91%
6 Month14.79%
12 Month-39.85%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)37.63
LBB3.27
UBB3.75
ELECTROVAYA INC / ELVA Daily stock chart

ELECTROVAYA INC

TSX:ELVA (2/21/2025, 7:00:00 PM)

3.26

-0.07 (-2.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.1%
1 Week-6.05%
2 Weeks-9.19%
1 Month-17.88%
3 Month-0.91%
6 Month14.79%
12 Month-39.85%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%5.75%
ATR Inc-1.12%
Range Today0.19
ADR(20)0.17
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.93
Mansfield-1.82
10 Day High3.66
10 Day Low3.18
20 Day High4.1
20 Day Low3.17
52 Week High5.57
52 Week Low2.54
CS1 End3.25
CR1 Start3.56
Volume & EV
DER(3)-22.58%
DER(5)-18.54%
Volume17.85K
Volume Incr6.59%
Vol(5)21.94K
Vol(50)25.90K