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 -0.0889, suggesting ELVA is Buy.

Electrovaya Inc (ELVA) 20-Day simple moving average is 10.647, while Electrovaya Inc (ELVA) share price is $10.42, making it Sell.

Electrovaya Inc (ELVA) 60-Day simple moving average is 9.7, while Electrovaya Inc (ELVA) share price is $10.42, making it Buy.

Technical Analysis for ELVA

Technical Sentiment Analysis for Electrovaya Inc (ELVA) As of 2026-06-18, Electrovaya Inc (ELVA) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 6 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELVA stands at 51.439, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0889, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 23.147 and the Commodity Channel Index (CCI) at -35.191 further confirm a -0.69 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELVA is trading above its 60-day moving average of $9.7 and above its 200-day long-term moving average of $7.93. Key price levels to watch include the immediate resistance at $10.999 and strong support at $8.974. A break above $10.999 could signal a bull continuation, while falling below $8.974 may test the next Fibonacci floor at $8.032.

Electrovaya Inc (ELVA) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	6.949	8.032	8.974	10.057	10.999	12.082	13.024
Fibonacci	8.032	8.806	9.283	10.057	10.831	11.308	12.082

Electrovaya Inc (ELVA) Technical Indicators

2026-06-18

Name	Value
RSI_14	51.439
STOCHk_14_3_3	23.147
STOCHd_14_3_3	20.115
CCI_20	-35.191
AO_5_34	-0.516
MOM_10	-0.69
MACD_12_26_9	-0.0889

Electrovaya Inc (ELVA) Relative Strength Index (RSI) is 51.439, creating a Neutral signal.

Electrovaya Inc (ELVA) Stochastic Oscillator is 23.147, creating a Neutral signal.

Electrovaya Inc (ELVA) Stochastic RSI is 20.115, creating a Neutral signal.

Electrovaya Inc (ELVA) Commodity Channel Index (CCI) is -35.191, creating a Neutral signal.

Electrovaya Inc (ELVA) Awesome Oscillator is -0.516, creating a Sell signal.

Electrovaya Inc (ELVA) Momentum is -0.69, creating a Sell signal.

Electrovaya Inc (ELVA) MACD is -0.0889, creating a Sell signal.

Electrovaya Inc (ELVA) Moving Average

2026-06-18

Period	Simple	Signal
MA_5	9.902	Buy
MA_10	9.916	Buy
MA_20	10.647	Sell
MA_60	9.7	Buy
MA_200	7.93	Buy
MA_250	7.216	Buy

Electrovaya Inc (ELVA) 5-Day simple moving average is 9.902, while Electrovaya Inc (ELVA) share price is $10.42, making it a Buy.

Electrovaya Inc (ELVA) 10-Day simple moving average is 9.916, while Electrovaya Inc (ELVA) share price is $10.42, making it a Buy.

Electrovaya Inc (ELVA) 20-Day simple moving average is 10.647, while Electrovaya Inc (ELVA) share price is $10.42, making it a Sell.

Electrovaya Inc (ELVA) 60-Day simple moving average is 9.7, while Electrovaya Inc (ELVA) share price is $10.42, making it a Buy.

Electrovaya Inc (ELVA) 200-Day simple moving average is 7.93, while Electrovaya Inc (ELVA) share price is $10.42, making it a Buy.

Electrovaya Inc (ELVA) 250-Day simple moving average is 7.216, while Electrovaya Inc (ELVA) share price is $10.42, 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 Buy. 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 8.974 and a major resistance level at 10.999. Traders also monitor the pivot point at 10.057 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 51.439. 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 -0.0889, suggesting ELVA is Buy. 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 $10.42, which is above its 200-day simple moving average of 7.93. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.