ELVA Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Electrovaya Inc (ELVA) Moving Averages Convergence Divergence (MACD) indicator is -0.38, suggesting ELVA is Neutral.

Electrovaya Inc (ELVA) 20-Day simple moving average is 9.142, while Electrovaya Inc (ELVA) share price is $8, making it Sell.

Electrovaya Inc (ELVA) 60-Day simple moving average is 8.077, while Electrovaya Inc (ELVA) share price is $8, making it Sell.

Technical Analysis for ELVA

Technical Sentiment Analysis for Electrovaya Inc (ELVA) As of 2026-02-24, Electrovaya Inc (ELVA) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 7 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELVA stands at 43.877, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.38, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 10.527 and the Commodity Channel Index (CCI) at -85.172 further confirm a -1.41 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELVA is trading above its 60-day moving average of $8.077 and above its 200-day long-term moving average of $5.802. Key price levels to watch include the immediate resistance at $9.427 and strong support at $7.057. A break above $9.427 could signal a bull continuation, while falling below $7.057 may test the next Fibonacci floor at $5.923.

Electrovaya Inc (ELVA) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	4.687	5.923	7.057	8.293	9.427	10.663	11.797
Fibonacci	5.923	6.829	7.388	8.293	9.199	9.758	10.663

Electrovaya Inc (ELVA) Technical Indicators

2026-02-24

Name	Value
RSI_14	43.877
STOCHk_14_3_3	10.527
STOCHd_14_3_3	11.703
CCI_20	-85.172
AO_5_34	-1.501
MOM_10	-1.41
MACD_12_26_9	-0.38

Electrovaya Inc (ELVA) Relative Strength Index (RSI) is 43.877, creating a Neutral signal.

Electrovaya Inc (ELVA) Stochastic Oscillator is 10.527, creating a Buy signal.

Electrovaya Inc (ELVA) Stochastic RSI is 11.703, creating a Buy signal.

Electrovaya Inc (ELVA) Commodity Channel Index (CCI) is -85.172, creating a Neutral signal.

Electrovaya Inc (ELVA) Awesome Oscillator is -1.501, creating a Sell signal.

Electrovaya Inc (ELVA) Momentum is -1.41, creating a Sell signal.

Electrovaya Inc (ELVA) MACD is -0.38, creating a Sell signal.

Electrovaya Inc (ELVA) Moving Average

2026-02-24

Period	Simple	Signal
MA_5	7.832	Buy
MA_10	8.19	Sell
MA_20	9.142	Sell
MA_60	8.077	Sell
MA_200	5.802	Buy
MA_250	5.138	Buy

Electrovaya Inc (ELVA) 5-Day simple moving average is 7.832, while Electrovaya Inc (ELVA) share price is $8, making it a Buy.

Electrovaya Inc (ELVA) 10-Day simple moving average is 8.19, while Electrovaya Inc (ELVA) share price is $8, making it a Sell.

Electrovaya Inc (ELVA) 20-Day simple moving average is 9.142, while Electrovaya Inc (ELVA) share price is $8, making it a Sell.

Electrovaya Inc (ELVA) 60-Day simple moving average is 8.077, while Electrovaya Inc (ELVA) share price is $8, making it a Sell.

Electrovaya Inc (ELVA) 200-Day simple moving average is 5.802, while Electrovaya Inc (ELVA) share price is $8, making it a Buy.

Electrovaya Inc (ELVA) 250-Day simple moving average is 5.138, while Electrovaya Inc (ELVA) share price is $8, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for ELVA?

The overall technical consensus for Electrovaya Inc (ELVA) is currently Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 3 sell signals.

What are the key support and resistance levels for Electrovaya Inc (ELVA) today?

Based on pivot point calculations, Electrovaya Inc (ELVA) has an immediate support level at 7.057 and a major resistance level at 9.427. Traders also monitor the pivot point at 8.293 to determine the intraday trend direction.

Is Electrovaya Inc (ELVA) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Electrovaya Inc (ELVA) is currently 43.877. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Electrovaya Inc (ELVA)?

Electrovaya Inc (ELVA) Moving Averages Convergence Divergence (MACD) indicator is -0.38, suggesting ELVA is Neutral. This indicator helps identify potential trend reversals or momentum shifts for Electrovaya Inc.

How is Electrovaya Inc (ELVA) performing relative to its 200-day moving average?

Electrovaya Inc (ELVA) is currently trading at $8, which is above its 200-day simple moving average of 5.802. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.