ELA Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Envela Corp (ELA) Moving Averages Convergence Divergence (MACD) indicator is 0.439, suggesting ELA is Buy.

Envela Corp (ELA) 20-Day simple moving average is 26.41, while Envela Corp (ELA) share price is $23.54, making it Sell.

Envela Corp (ELA) 60-Day simple moving average is 22.992, while Envela Corp (ELA) share price is $23.54, making it Buy.

Technical Analysis for ELA

Technical Sentiment Analysis for Envela Corp (ELA) As of 2026-07-07, Envela Corp (ELA) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 16 technical signals, shows that 9 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELA stands at 40.793, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.439, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 10.138 and the Commodity Channel Index (CCI) at -164.845 further confirm a -3.99 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELA is trading above its 60-day moving average of $22.992 and above its 200-day long-term moving average of $15.298. Key price levels to watch include the immediate resistance at $29.915 and strong support at $23.085. A break above $29.915 could signal a bull continuation, while falling below $23.085 may test the next Fibonacci floor at $19.553.

Envela Corp (ELA) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	16.255	19.553	23.085	26.383	29.915	33.213	36.745
Fibonacci	19.553	22.162	23.774	26.383	28.992	30.604	33.213

Envela Corp (ELA) Technical Indicators

2026-07-07

Name	Value
RSI_14	40.793
STOCHk_14_3_3	10.138
STOCHd_14_3_3	23.822
CCI_20	-164.845
AO_5_34	0.664
MOM_10	-3.99
MACD_12_26_9	0.439

Envela Corp (ELA) Relative Strength Index (RSI) is 40.793, creating a Neutral signal.

Envela Corp (ELA) Stochastic Oscillator is 10.138, creating a Buy signal.

Envela Corp (ELA) Stochastic RSI is 23.822, creating a Neutral signal.

Envela Corp (ELA) Commodity Channel Index (CCI) is -164.845, creating a Buy signal.

Envela Corp (ELA) Awesome Oscillator is 0.664, creating a Buy signal.

Envela Corp (ELA) Momentum is -3.99, creating a Sell signal.

Envela Corp (ELA) MACD is 0.439, creating a Buy signal.

Envela Corp (ELA) Moving Average

2026-07-07

Period	Simple	Signal
MA_5	26.008	Sell
MA_10	26.618	Sell
MA_20	26.41	Sell
MA_60	22.992	Buy
MA_200	15.298	Buy
MA_250	13.567	Buy

Envela Corp (ELA) 5-Day simple moving average is 26.008, while Envela Corp (ELA) share price is $23.54, making it a Sell.

Envela Corp (ELA) 10-Day simple moving average is 26.618, while Envela Corp (ELA) share price is $23.54, making it a Sell.

Envela Corp (ELA) 20-Day simple moving average is 26.41, while Envela Corp (ELA) share price is $23.54, making it a Sell.

Envela Corp (ELA) 60-Day simple moving average is 22.992, while Envela Corp (ELA) share price is $23.54, making it a Buy.

Envela Corp (ELA) 200-Day simple moving average is 15.298, while Envela Corp (ELA) share price is $23.54, making it a Buy.

Envela Corp (ELA) 250-Day simple moving average is 13.567, while Envela Corp (ELA) share price is $23.54, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for ELA?

The overall technical consensus for Envela Corp (ELA) is currently Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 6 buy signals and 4 sell signals.

What are the key support and resistance levels for Envela Corp (ELA) today?

Based on pivot point calculations, Envela Corp (ELA) has an immediate support level at 23.085 and a major resistance level at 29.915. Traders also monitor the pivot point at 26.383 to determine the intraday trend direction.

Is Envela Corp (ELA) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Envela Corp (ELA) is currently 40.793. 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 Envela Corp (ELA)?

Envela Corp (ELA) Moving Averages Convergence Divergence (MACD) indicator is 0.439, suggesting ELA is Buy. This indicator helps identify potential trend reversals or momentum shifts for Envela Corp.

How is Envela Corp (ELA) performing relative to its 200-day moving average?

Envela Corp (ELA) is currently trading at $23.54, which is above its 200-day simple moving average of 15.298. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

Name

Pivot Points

Classic

16.255

19.553

23.085

26.383

29.915

33.213

36.745

Fibonacci

19.553

22.162

23.774

26.383

28.992

30.604

33.213

Name

Value

RSI_14

40.793

STOCHk_14_3_3

10.138

STOCHd_14_3_3

23.822

CCI_20

-164.845

AO_5_34

0.664

MOM_10

-3.99

MACD_12_26_9

0.439

Period

Simple

Signal

MA_5

26.008

Sell

MA_10

26.618

Sell

MA_20

26.41

Sell

MA_60

22.992

Buy

MA_200

15.298

Buy

MA_250

13.567

Buy

Frequently Asked Questions

What is the current technical consensus for ELA?

What are the key support and resistance levels for Envela Corp (ELA) today?

Is Envela Corp (ELA) overbought or oversold based on the RSI?

What signal is the MACD providing for Envela Corp (ELA)?

Envela Corp (ELA) Moving Averages Convergence Divergence (MACD) indicator is 0.439, suggesting ELA is Buy. This indicator helps identify potential trend reversals or momentum shifts for Envela Corp.