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Stock Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

ELECTROVAYA INC (TSE:ELVA)

Weak Downtrend (-65) - ELVA is showing signs of a strengthening downtrend. Monitor ELVA as it may be building momentum to the downside.

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.

TSE_ELVA
Open High Low ELVA Price Change
4.24 4.42 4.24 4.37 +0.02
Entry Signal

MarketClub’s Trade Triangles for ELVA

long term down The long-term trend has been DOWN since Apr 19th, 2024 at 3.99

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 5.29

short term down The short-term trend has been DOWN since May 1st, 2024 at 4.15

Smart Scan Analysis for ELVA

Based on our trend formula, ELVA is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ELVA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.24 4.42 4.24 4.37 +0.02
Prev. Close Volume Bid Ask Time
4.35 6200 2024-05-02 15:57:19
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