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.O) Moving Averages Convergence Divergence (MACD) indicator is 0.412, suggesting ELVA.O is Buy.

Electrovaya Inc (ELVA.O) 20-Day simple moving average is 9.964, while Electrovaya Inc (ELVA.O) share price is $8.85, making it Sell.

Electrovaya Inc (ELVA.O) 60-Day simple moving average is 7.406, while Electrovaya Inc (ELVA.O) share price is $8.85, making it Buy.

Technical Analysis for ELVA

Technical Sentiment Analysis for Electrovaya Inc (ELVA) As of 2026-02-06, Electrovaya Inc (ELVA) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 8 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELVA stands at 45.727, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.412, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 12.696 and the Commodity Channel Index (CCI) at -87.576 further confirm a -2.17 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELVA is trading above its 60-day moving average of $7.406 and above its 200-day long-term moving average of $5.492. Key price levels to watch include the immediate resistance at $12.011 and strong support at $8.241. A break above $12.011 could signal a bull continuation, while falling below $8.241 may test the next Fibonacci floor at $6.29.

Electrovaya Inc (ELVA) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	4.471	6.29	8.241	10.06	12.011	13.83	15.781
Fibonacci	6.29	7.73	8.62	10.06	11.5	12.39	13.83

Electrovaya Inc (ELVA) Technical Indicators

2026-02-06

Name	Value
RSI_14	45.727
STOCHk_14_3_3	12.696
STOCHd_14_3_3	35.984
CCI_20	-87.576
AO_5_34	0.861
MOM_10	-2.17
MACD_12_26_9	0.412

Electrovaya Inc (ELVA) Relative Strength Index (RSI) is 45.727, creating a Neutral signal.

Electrovaya Inc (ELVA) Stochastic Oscillator is 12.696, creating a Buy signal.

Electrovaya Inc (ELVA) Stochastic RSI is 35.984, creating a Neutral signal.

Electrovaya Inc (ELVA) Commodity Channel Index (CCI) is -87.576, creating a Neutral signal.

Electrovaya Inc (ELVA) Awesome Oscillator is 0.861, creating a Buy signal.

Electrovaya Inc (ELVA) Momentum is -2.17, creating a Sell signal.

Electrovaya Inc (ELVA) MACD is 0.412, creating a Buy signal.

Electrovaya Inc (ELVA) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	9.716	Sell
MA_10	10.191	Sell
MA_20	9.964	Sell
MA_60	7.406	Buy
MA_200	5.492	Buy
MA_250	4.879	Buy

Electrovaya Inc (ELVA) 5-Day simple moving average is 9.716, while Electrovaya Inc (ELVA) share price is $8.85, making it a Sell.

Electrovaya Inc (ELVA) 10-Day simple moving average is 10.191, while Electrovaya Inc (ELVA) share price is $8.85, making it a Sell.

Electrovaya Inc (ELVA) 20-Day simple moving average is 9.964, while Electrovaya Inc (ELVA) share price is $8.85, making it a Sell.

Electrovaya Inc (ELVA) 60-Day simple moving average is 7.406, while Electrovaya Inc (ELVA) share price is $8.85, making it a Buy.

Electrovaya Inc (ELVA) 200-Day simple moving average is 5.492, while Electrovaya Inc (ELVA) share price is $8.85, making it a Buy.

Electrovaya Inc (ELVA) 250-Day simple moving average is 4.879, while Electrovaya Inc (ELVA) share price is $8.85, 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 5 buy signals and 2 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 8.241 and a major resistance level at 12.011. Traders also monitor the pivot point at 10.06 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 45.727. 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 0.412, 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 $8.85, which is above its 200-day simple moving average of 5.492. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.