ELECTROVAYA INC (ELVA) Technical Analysis
NASDAQ:ELVA • CA28617B6061
Current stock price
ELVA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to ELVA. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ELVA is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ELVA over the past year are nicely spread over this period.
- ELVA is part of the Electrical Equipment industry. There are 92 other stocks in this industry. ELVA outperforms 86% of them.
- ELVA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ELVA is lagging the market slightly.
- In the last month ELVA has a been trading in the 7.05 - 10.08 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ELVA Weekly and Daily overview Charts
ELVA Setup Rating and Analysis
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
ELVA Support and Resistance Analysis
5.51
We found 4 important support areas.
- A support zone ranging from 8.10 to 8.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.74 from a trend line in the daily time frame.
- Support @7.30 from a horizontal line in the daily time frame.
- Support @5.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @11.24 from a horizontal line in the daily time frame.
ELVA Technical Indicator Signal Analysis
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELVA is up. |
| ChartMill Relative Strength | 97.37 | POSITIVE | ELVA has a high relative strength, it outperformed 97.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELVA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.52 | NEUTRAL | The RSI value for ELVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests ELVA has a positive trend. |
| Stochastics (14,3) | 91.27 | OVERBOUGHT | The high Stochastics value suggests ELVA may be overbought. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for ELVA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.93 | NEGATIVE | The low ADX value for ELVA suggests a weak or negative trend. |
ELVA Chart- and CandleStick Pattern Analysis
ELVA Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ELVA (4/21/2026, 11:27:47 AM)
9.67
-0.29 (-2.91%)
ELECTROVAYA INC / ELVA TA FAQ
What is the ChartMill technical rating of ELECTROVAYA INC (ELVA) stock?
ChartMill assigns a technical rating of 10 / 10 to ELVA.
What is the trend direction for ELVA stock?
The current trend direction for ELECTROVAYA INC (ELVA) is Bullish.
Can you provide the RSI signal for ELECTROVAYA INC?
ELECTROVAYA INC (ELVA) has an RSI value of 69.516. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ELECTROVAYA INC?
The MACD indicator for ELECTROVAYA INC (ELVA) has a value of 0.235844, indicating a bearish trend.
Can you provide the buy/sell signal for ELECTROVAYA INC?
The buy/sell signal for ELECTROVAYA INC (ELVA) is buy as both the short term and long term trends are positive.