ELVA

Electrovaya Inc. Common Shares
Data: 2026-10-22
Analyzing positioning… Options positioning — based on yesterday's biggest open-interest changes See the chart Institutional flows
Track record
signal day → next-day price move
Quick Stats
Oct 22, 2026

57.7

AI Score

STRONG BUY

0.91

Volume Ratio

Dec 09, 2026

Next Earnings

11

+ve Days (30d)

19

-ve Days (30d)

ELVA Price vs Max Options Open Interest

How to read this: the line is the stock price; the bars show where the most option open interest sits each day. Strikes with heavy open interest often act as magnets or barriers for price ("max pain" zones). Scroll right for the most recent days.

ELVA Max Change In Options Open Interest

How to read this: each bar is the option contract whose open interest changed the most yesterday. Green bars = new positions being opened (conviction building at that strike); red bars = positions being closed. Call builds above the current price suggest upside bets; put builds below it suggest hedging or downside bets.

ELVA Options - Sort by Max open Interest (near term)

23rd October 2026 (Data is delayed in normal mkt. hours)

Type Expiration Strike OI Change in
OI
Volume Ask PC Delta Vega Volatility % change Track

ELVA Daily Out of Money Options - Sort by Max open Interest (near term)

23rd October 2026 (Data is delayed in normal mkt. hours)

Type Expiration Strike OI Change in
OI
Volume Ask PC Delta Vega Volatility % change Track

ELVA Daily In the Money Options - Sort by Max open Interest (near term)

23rd October 2026 (Data is delayed in normal mkt. hours)

Type Expiration Strike OI Change in
OI
Volume Ask PC Delta Vega Volatility % change Track

ELVA Most Active Options by Volume(near term)

23rd October 2026 (Data is delayed in normal mkt. hours)

Type Expiration Strike Volume OI Change in
OI
Ask PC Delta Vega Volatility % change Track
ELVA Technical Chart Pro Chart
  • Candlesticks: Green = price up, Red = price down. Body shows open/close, wicks show high/low.
  • SMAs: Moving averages help identify trends. Price above SMA = bullish, below = bearish.
  • Options OI: Shows max open interest strikes. High OI = significant price levels.
  • Volume Profile: Shows price levels with most trading activity. POC = Point of Control (highest volume).
  • Earnings: Vertical lines mark earnings dates. Watch for volatility around these dates.
  • Gamma Walls: Key support/resistance from options gamma exposure. Orange = resistance above, Purple = support below.
  • Fibonacci Retracement: Auto-calculated support/resistance levels based on recent high/low. Key levels: 23.6%, 38.2%, 50%, 61.8%, 78.6%.
  • Unusual Activity: Highlights days with abnormal volume (2x+ average) or large price moves (5%+). Red marker = unusual activity detected.
Technical Indicators
Select an indicator above — it will be added as a pane under the price chart with aligned dates.

Volume Profile Analysis

Horizontal histogram showing volume distribution at each price level with buying/selling pressure

ELVA Stock Summary

Last updated Oct 22, 2026

ELVA is currently trading at $5.2, positioned below its 200-day moving average of $8.53, suggesting bearish momentum. The stock has a 52-week range of $4.1 to $12.78.

Technical Analysis: The 50-day moving average stands at $6.39, which is above the current price, indicating bearish near-term pressure. The RSI (Relative Strength Index) reads 35.739, suggesting the stock is neutral with balanced momentum.

Money Flow Indicators: The Chaikin Money Flow (20-day) is -0.104, which is negative, suggesting distribution or selling pressure. Our AI-powered investment score rates ELVA at 57.7/100 with a STRONG BUY recommendation.

ELVA (Electrovaya Inc. Common Shares) Indicators

Last updated Oct 22, 2026

Indicator Value
RSI(14) 35.739
CMF (20) -0.104
ROC (10) -10.19
ADX (14) 32.125
Indicator Value
MACD (12,26,9) -0.396
AROONOSC (14) -64.286
WILLAMS %R (14) -86.046
MFI (14) 31.367

ELVA Candlestick Patterns

Validated patterns fired in the last 10 sessions. Hit rate = how often price moved in the signal's direction within 5 trading days (backtest: 2.7M signals, 3,500 liquid stocks, Feb 2025–Sep 2026). Baseline: a random stock closes higher 5 days later 53% of the time. Click a row to see the candle on the chart.

Date Pattern Signal 5-Day Hit Rate Edge vs Baseline Sample
Oct 16 Marubozu (bearish) (contrarian — textbook says the opposite) Bullish 56.2% +3.2 pts 30540

These are statistical tilts, not standalone trade setups. Only patterns with a measured edge are shown — roughly 50 of 60 textbook patterns showed no edge and are hidden.

Electrovaya Inc. Common Shares is below both the 50 Day and 200 Day SMA which is considered Bearish.

ELVA Moving Averages Analysis

ELVA (Electrovaya Inc. Common Shares) Simple Moving Averages

Moving Averages are last updated Oct 22, 2026

Days MA
10 5.33
20 5.84
30 6.05
50 6.39
100 7.92
200 8.53

ELVA Fundamental Analysis

P/E (Forward) 26.178
P/E (Trailing) 55.2
Market Cap ($) 276.0 million
Earnings/Share ($) 0.1
Net Profit Margin (%) 0.0614
Dividend/Share ($) --
EPS Estimate Current Year ($) 0.0817
EPS Estimate Next Year ($) 0.274
WallStreet Target Price ($) 14.60
Most Recent Quarter

Electrovaya Inc designs develop and manufacture proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. It is a technology-focused company with extensive IP. The company generates revenue from the sale of batteries and battery systems. Business operations are segmented based on large format batteries and others. This technology offers enhanced safety and battery longevity. Geographically it earns key revenue from the United States.