ELECTROVAYA INC (ELVA) Stock Technical Analysis
NASDAQ:ELVA - Nasdaq - CA28617B6061 - Common Stock - Currency: USD
Taking everything into account, ELVA scores 0 out of 10 in our technical rating. ELVA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 one of the lesser performing stocks in the Electrical Equipment industry. 61% of 93 stocks in the same industry do better.
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 2.11 - 2.89 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.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ELVA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.44. Right above this resistance zone may be a good entry point.
More info and screens
2.04
2.85
When analyzing the support we can see 2 important areas.
- Support @2.21 from a trend line in the daily time frame.
- Support @2.06 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.44 to 2.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.62 to 2.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.74 to 2.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.82 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.09
Mansfield-2.09
10 Day High2.6
10 Day Low2.23
20 Day High2.89
20 Day Low2.11
52 Week High4.24
52 Week Low1.67
Performance
1 Week-6.15%
2 Weeks-8.03%
1 Month-15.5%
3 Month-2.97%
6 Month8.53%
12 Month-43.46%
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)-0.02
RSI(14)39.96
LBB2.29
UBB2.62
NASDAQ:ELVA (2/21/2025, 8:15:37 PM)
2.29
-0.1 (-4.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-4.18%
1 Week-6.15%
2 Weeks-8.03%
1 Month-15.5%
3 Month-2.97%
6 Month8.53%
12 Month-43.46%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%7.23%
ATR Inc1.25%
Range Today0.18
ADR(20)0.16
ADR(20)%7.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.09
Mansfield-2.09
10 Day High2.6
10 Day Low2.23
20 Day High2.89
20 Day Low2.11
52 Week High4.24
52 Week Low1.67
CS1 End2.21
CR1 Start2.44
Volume & EV
DER(3)-5.42%
DER(5)0.73%
Volume117.60K
Volume Incr33.08%
Vol(5)103.26K
Vol(50)101.00K