Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
ELECTROVAYA INC (NASDAQ:EFLVF)
Long-Term Downtrend (-90) - EFLVF is in a strong downtrend that is likely to continue. While EFLVF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EFLVF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EFLVF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EFLVF
The long-term trend has been DOWN since Apr 20th, 2021 at 1.10000
The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.80000
The short-term trend has been DOWN since Oct 22nd, 2021 at 1.01049
Smart Scan Analysis for EFLVF
Based on our trend formula, EFLVF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.4887||Year High Date||2018-01-08|
|Year Low||0.117||Year Low Date||2018-05-21|
|52wk High||2.1||52wk High Date||2021-01-25|
|52wk Low||0.528||52wk Low Date||2020-10-28|
|Year End Close||0.369||Average Volume||50,530|
|Shares Outstanding||70,940||% Institutional||0.5|