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Stock Trend Analysis Report
Prepared for you on Monday, September 16, 2024.
Electrovaya Inc. (NASDAQ:ELVA)
Crossroads (+60) - ELVA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ELVA?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELVA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ELVA
The long-term trend has been DOWN since Apr 16th, 2024 at 2.99
The intermediate-term trend has been UP since Sep 11th, 2024 at 2.15
The short-term trend has been UP since Sep 11th, 2024 at 2.02
Smart Scan Analysis for ELVA
Based on our trend formula, ELVA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.25 | 2.25 | 2.18 | 2.19 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.25 | 16730 | 2024-09-16 15:38:18 |
| 52wk High | 4.582 | 52wk High Date | 2024-01-08 |
| 52wk Low | 1.67 | 52wk Low Date | 2024-08-14 |
| Average Volume | 23,802 | Shares Outstanding | 32,072 |
| Assets | 37,810,000M | Liabilities | 30,190,000M |