ELECTROVAYA INC (ELVA.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ELVA - CA28617B6061 - Common Stock
Overall ELVA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ELVA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ELVA has an excellent technical rating, it does not offer a high 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.
More info and screens
6.36
We found 1 important support area.
- A support zone ranging from 6.42 to 6.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ELVA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELVA.CA is up. |
| ChartMill Relative Strength | 91.6 | POSITIVE | ELVA.CA has a high relative strength, it outperformed 91.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELVA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELVA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELVA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.65 | OVERBOUGHT | The high RSI value suggests ELVA.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests ELVA.CA has a positive trend. |
| Stochastics (14,3) | 97.88 | OVERBOUGHT | The high Stochastics value suggests ELVA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for ELVA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.45 | POSITIVE | The high ADX value value for ELVA.CA suggests a strong trend. |
TSX:ELVA (12/24/2025, 7:00:00 PM)
10.82
+0.22 (+2.08%)
ELECTROVAYA INC / ELVA.CA FAQ
What is the ChartMill technical rating of ELECTROVAYA INC (ELVA.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to ELVA.CA.
Can you provide the trend direction for ELECTROVAYA INC?
The current trend direction for ELECTROVAYA INC (ELVA.CA) is Bullish.
What is the RSI signal for ELECTROVAYA INC (ELVA.CA) stock?
ELECTROVAYA INC (ELVA.CA) has an RSI value of 76.6541. This indicates that the stock is currently overbought.
Can you provide the short term momentum for ELECTROVAYA INC?
The short term momentum for ELECTROVAYA INC (ELVA.CA) is positive.
What is the buy/sell signal for ELVA stock?
The buy/sell signal for ELECTROVAYA INC (ELVA.CA) is buy as both the short term and long term trends are positive.