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ELECTROVAYA INC (ELVA) Stock Technical Analysis

USA - NASDAQ:ELVA - CA28617B6061 - Common Stock

5.6 USD
-0.2 (-3.45%)
Last: 11/5/2025, 4:26:47 PM
Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to ELVA. In the last year, ELVA was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month ELVA has a been trading in the 5.30 - 7.72 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.
Looking at the yearly performance, ELVA did better than 96% of all other stocks. On top of that, ELVA also shows a nice and consistent pattern of rising prices.
ELVA is part of the Electrical Equipment industry. There are 92 other stocks in this industry. ELVA outperforms 85% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.

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Weekly and Daily overview Charts
ELECTROVAYA INC / ELVA Weekly stock chart
ELECTROVAYA INC / ELVA Daily stock chart
Setup Rating and Analysis

3

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.

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Support and Resistance Analysis

4.43

5.66

When analyzing the support we notice one important area.

  • Support @4.47 from a trend line in the daily time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ELVA is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ELVA is down.
ChartMill Relative Strength96.09POSITIVEELVA has a high relative strength, it outperformed 96.09% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ELVA is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of ELVA is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ELVA is above the rising SMA(200).
Relative Strength Index/RSI (14)38.42NEUTRALThe RSI value for ELVA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.11NEGATIVEThe MACD value suggests ELVA has a negative trend.
Stochastics (14,3)18.4OVERSOLDThe low Stochastics value suggests ELVA may be oversold.
Average True Range in percent/ATR (20)9.39HIGH VOLATILITYThe high ATR as a percentage value for ELVA suggests high volalility.
Average Directional Index/ADX (14)18.11NEGATIVEThe low ADX value for ELVA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)

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ELECTROVAYA INC / ELVA Daily stock chart

ELECTROVAYA INC

NASDAQ:ELVA (11/5/2025, 4:26:47 PM)

5.6

-0.2 (-3.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.45%
1 Week-13.71%
2 Weeks-6.67%
1 Month-14.5%
3 Month21.21%
6 Month104.75%
12 Month153.97%
2 Year113.74%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%9.39%
ATR Inc20.72%
Range Today0.35
ADR(20)0.5
ADR(20)%8.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.09
3 months CRS86.81
6 months CRS95.01
Mansfield3.93
10 Day High6.94
10 Day Low5.3
20 Day High7.72
20 Day Low5.3
52 Week High7.72
52 Week Low1.73
CS1 End4.47
CR1 StartN/A
Volume & EV
DER(3)0.16%
DER(5)2.49%
Volume2.10M
Volume Incr33.77%
Vol(5)698.39K
Vol(50)537.39K

ELECTROVAYA INC / ELVA FAQ

What is the ChartMill technical rating of ELECTROVAYA INC (ELVA) stock?

ChartMill assigns a technical rating of 7 / 10 to ELVA.


Can you provide the trend direction for ELECTROVAYA INC?

The current trend direction for ELECTROVAYA INC (ELVA) is Bullish.


What is the RSI signal for ELECTROVAYA INC (ELVA) stock?

ELECTROVAYA INC (ELVA) has an RSI value of 38.4157. This indicates that the stock is currently neutral.


Can you provide the short term momentum for ELECTROVAYA INC?

The short term momentum for ELECTROVAYA INC (ELVA) is negative.


What is the buy/sell signal for ELVA stock?

The buy/sell signal for ELECTROVAYA INC (ELVA) is hold as the short term and long term trends are mixed.