ELECTROVAYA INC (ELVA) Stock Technical Analysis
NASDAQ:ELVA - Nasdaq - CA28617B6061 - Common Stock - Currency: USD
Overall ELVA gets a technical rating of 5 out of 10. Although ELVA is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, ELVA is a bad performer in the overall market: 67% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
ELVA is part of the Electrical Equipment industry. There are 97 other stocks in this industry. ELVA outperforms 75% of them.
ELVA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ELVA has a been trading in the 2.25 - 2.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ELVA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.47, a Stop Loss order could be placed below this zone.
More info and screens
2.04
2.89
When analyzing the support we can see 5 important areas.
- A support zone ranging from 2.43 to 2.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.36 to 2.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.27 from a horizontal line in the daily time frame.
- Support @2.17 from a trend line in the weekly time frame.
- A support zone ranging from 2.06 to 2.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.63 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.74 to 2.77. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 2.82 to 2.86. This zone is formed by a combination of multiple trend lines 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
CRS33.37
Mansfield1.25
10 Day High2.63
10 Day Low2.25
20 Day High2.91
20 Day Low2.25
52 Week High3.54
52 Week Low1.67
Performance
1 Week2.02%
2 Weeks6.12%
1 Month-8.33%
3 Month-7.66%
6 Month18.78%
12 Month-21.67%
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)0.01
RSI(14)53.47
LBB2.27
UBB2.66
NASDAQ:ELVA (4/22/2025, 2:06:06 PM)
2.55
+0.02 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.79%
1 Week2.02%
2 Weeks6.12%
1 Month-8.33%
3 Month-7.66%
6 Month18.78%
12 Month-21.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%6.89%
ATR Inc-26.48%
Range Today0.08
ADR(20)0.16
ADR(20)%6.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.37
Mansfield1.25
10 Day High2.63
10 Day Low2.25
20 Day High2.91
20 Day Low2.25
52 Week High3.54
52 Week Low1.67
CS1 End2.47
CR1 Start2.63
Volume & EV
DER(3)-8.08%
DER(5)-5.85%
Volume16.73K
Volume Incr-62.54%
Vol(5)20.54K
Vol(50)56.37K