Electrovaya (ELVA, $3.37) Moving Average Convergence Divergence (MACD) Histogram turned negative on June 16, 2025

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ELVA - Electrovaya
MACD signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $3.37
Daily change: -$0.01 (-0.29%)
Daily volume: 14.8K
Capitalization: $135.7M
Industry: Electrical Products

This is a Bearish indicator signaling ELVA's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 42 similar cases where ELVA's MACD histogram became negative, and 35 of them led to successful outcomes. Odds of Success: 83%.