


Technical Sentiment Analysis for Electrovaya Inc (ELVA) As of 2026-07-07, Electrovaya Inc (ELVA) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 5 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELVA stands at 39.516, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.171, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 21.669 and the Commodity Channel Index (CCI) at -184.104 further confirm a -1.36 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ELVA is trading above its 60-day moving average of $10.085 and above its 200-day long-term moving average of $8.139. Key price levels to watch include the immediate resistance at $10.894 and strong support at $8.754. A break above $10.894 could signal a bull continuation, while falling below $8.754 may test the next Fibonacci floor at $7.657.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 6.614 | 7.657 | 8.754 | 9.797 | 10.894 | 11.937 | 13.034 |
| Fibonacci | 7.657 | 8.474 | 8.98 | 9.797 | 10.614 | 11.12 | 11.937 |
2026-07-07
| Name | Value |
|---|---|
| RSI_14 | 39.516 |
| STOCHk_14_3_3 | 21.669 |
| STOCHd_14_3_3 | 43.529 |
| CCI_20 | -184.104 |
| AO_5_34 | -0.319 |
| MOM_10 | -1.36 |
| MACD_12_26_9 | -0.171 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 9.866 | Sell |
| MA_10 | 9.851 | Sell |
| MA_20 | 9.883 | Sell |
| MA_60 | 10.085 | Sell |
| MA_200 | 8.139 | Buy |
| MA_250 | 7.503 | Buy |