Electrovaya Common Shares Stock Technical Analysis

ELVA Stock   2.60  0.04  1.52%   
As of the 30th of January, Electrovaya Common shows the Mean Deviation of 3.06, coefficient of variation of 1180.69, and Downside Deviation of 3.96. Electrovaya Common Shares technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Electrovaya Common Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Electrovaya, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Electrovaya
  
Electrovaya Common's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Electrovaya Common Analyst Consensus

Target PriceAdvice# of Analysts
6.0Strong Buy5Odds
Electrovaya Common Shares current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Electrovaya analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Electrovaya stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Electrovaya Common Shares, talking to its executives and customers, or listening to Electrovaya conference calls.
Electrovaya Analyst Advice Details
Electrovaya Common technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Electrovaya Common technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Electrovaya Common trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Electrovaya Common Shares Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Electrovaya Common Shares volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Electrovaya Common Shares Trend Analysis

Use this graph to draw trend lines for Electrovaya Common Shares. You can use it to identify possible trend reversals for Electrovaya Common as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Electrovaya Common price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Electrovaya Common Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Electrovaya Common Shares applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Electrovaya Common Shares will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.55, which is the sum of squared deviations for the predicted Electrovaya Common price change compared to its average price change.

About Electrovaya Common Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Electrovaya Common Shares on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Electrovaya Common Shares based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Electrovaya Common Shares price pattern first instead of the macroeconomic environment surrounding Electrovaya Common Shares. By analyzing Electrovaya Common's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Electrovaya Common's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Electrovaya Common specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 2025 (projected)
Graham Number0.460.50.570.54
Receivables Turnover4.093.953.553.26

Electrovaya Common January 30, 2025 Technical Indicators

Most technical analysis of Electrovaya help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Electrovaya from various momentum indicators to cycle indicators. When you analyze Electrovaya charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Electrovaya Common January 30, 2025 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Electrovaya stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Electrovaya Stock analysis

When running Electrovaya Common's price analysis, check to measure Electrovaya Common's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electrovaya Common is operating at the current time. Most of Electrovaya Common's value examination focuses on studying past and present price action to predict the probability of Electrovaya Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrovaya Common's price. Additionally, you may evaluate how the addition of Electrovaya Common to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges