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 -0.216, suggesting ELVA is Sell.

Electrovaya Inc (ELVA) 20-Day simple moving average is 7.86, while Electrovaya Inc (ELVA) share price is $7.8, making it Sell.

Electrovaya Inc (ELVA) 60-Day simple moving average is 8.697, while Electrovaya Inc (ELVA) share price is $7.8, making it Sell.

Technical Analysis for ELVA

Technical Sentiment Analysis for Electrovaya Inc (ELVA) As of 2026-03-24, Electrovaya Inc (ELVA) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 4 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 45.302, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.216, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 24.006 and the Commodity Channel Index (CCI) at -72.596 further confirm a -0.52 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELVA is trading above its 60-day moving average of $8.697 and above its 200-day long-term moving average of $6.282. Key price levels to watch include the immediate resistance at $8.813 and strong support at $7.103. A break above $8.813 could signal a bull continuation, while falling below $7.103 may test the next Fibonacci floor at $6.261.

Electrovaya Inc (ELVA) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	5.393	6.261	7.103	7.971	8.813	9.681	10.523
Fibonacci	6.261	6.915	7.318	7.971	8.625	9.028	9.681

Electrovaya Inc (ELVA) Technical Indicators

2026-03-24

Name	Value
RSI_14	45.302
STOCHk_14_3_3	24.006
STOCHd_14_3_3	24.605
CCI_20	-72.596
AO_5_34	-0.539
MOM_10	-0.52
MACD_12_26_9	-0.216

Electrovaya Inc (ELVA) Relative Strength Index (RSI) is 45.302, creating a Neutral signal.

Electrovaya Inc (ELVA) Stochastic Oscillator is 24.006, creating a Neutral signal.

Electrovaya Inc (ELVA) Stochastic RSI is 24.605, creating a Neutral signal.

Electrovaya Inc (ELVA) Commodity Channel Index (CCI) is -72.596, creating a Neutral signal.

Electrovaya Inc (ELVA) Awesome Oscillator is -0.539, creating a Sell signal.

Electrovaya Inc (ELVA) Momentum is -0.52, creating a Sell signal.

Electrovaya Inc (ELVA) MACD is -0.216, creating a Sell signal.

Electrovaya Inc (ELVA) Moving Average

2026-03-24

Period	Simple	Signal
MA_5	7.558	Buy
MA_10	7.944	Sell
MA_20	7.86	Sell
MA_60	8.697	Sell
MA_200	6.282	Buy
MA_250	5.574	Buy

Electrovaya Inc (ELVA) 5-Day simple moving average is 7.558, while Electrovaya Inc (ELVA) share price is $7.8, making it a Buy.

Electrovaya Inc (ELVA) 10-Day simple moving average is 7.944, while Electrovaya Inc (ELVA) share price is $7.8, making it a Sell.

Electrovaya Inc (ELVA) 20-Day simple moving average is 7.86, while Electrovaya Inc (ELVA) share price is $7.8, making it a Sell.

Electrovaya Inc (ELVA) 60-Day simple moving average is 8.697, while Electrovaya Inc (ELVA) share price is $7.8, making it a Sell.

Electrovaya Inc (ELVA) 200-Day simple moving average is 6.282, while Electrovaya Inc (ELVA) share price is $7.8, making it a Buy.

Electrovaya Inc (ELVA) 250-Day simple moving average is 5.574, while Electrovaya Inc (ELVA) share price is $7.8, 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 Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 1 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 7.103 and a major resistance level at 8.813. Traders also monitor the pivot point at 7.971 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 45.302. 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 -0.216, suggesting ELVA is Sell. 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 $7.8, which is above its 200-day simple moving average of 6.282. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.