ELECTROVAYA INC (ELVA) Stock Technical Analysis
NASDAQ:ELVA - Nasdaq - CA28617B6061 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to ELVA. In the last year, ELVA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ELVA has a been trading in the 2.15 - 2.82 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, ELVA outperforms 48% of them, which is more or less in line with the market.
ELVA is an average performer in the Electrical Equipment industry, it outperforms 51% of 93 stocks in the same industry.
ELVA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELVA is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ELVA has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
2.04
2.89
We found 5 important support areas.
- A support zone ranging from 2.45 to 2.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.37 from a horizontal line in the daily time frame.
- Support @2.25 from a trend line in the weekly time frame.
- Support @2.16 from a trend line in the daily time frame.
- Support @2.06 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.73 to 2.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.86 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
CRS48.55
Mansfield-1.33
10 Day High2.82
10 Day Low2.31
20 Day High2.82
20 Day Low2.15
52 Week High4.35
52 Week Low1.67
Performance
1 Week9.72%
2 Weeks3.44%
1 Month24.31%
3 Month27.23%
6 Month6.07%
12 Month-23.45%
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)61.2
LBB2.36
UBB2.71
ELECTROVAYA INC
NASDAQ:ELVA (1/23/2025, 8:58:57 PM)
After market: 2.83 +0.12 (+4.43%)2.71
+0.19 (+7.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg7.54%
1 Week9.72%
2 Weeks3.44%
1 Month24.31%
3 Month27.23%
6 Month6.07%
12 Month-23.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%6.41%
ATR Inc30.82%
Range Today0.22
ADR(20)0.16
ADR(20)%6.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.55
Mansfield-1.33
10 Day High2.82
10 Day Low2.31
20 Day High2.82
20 Day Low2.15
52 Week High4.35
52 Week Low1.67
CS1 End2.52
CR1 Start2.73
Volume & EV
DER(3)-1.36%
DER(5)-2.11%
Volume357.50K
Volume Incr6.92%
Vol(5)127.00K
Vol(50)115.39K