Electrovaya (ELVA, $3.13) RSI Indicator left the overbought zone on May 21, 2025

#ElectricalProducts, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MicroCap
ELVA - Electrovaya
RSI signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $3.13
Daily change: -$0.08 (-2.49%)
Daily volume: 85.2K
Capitalization: $126.1M
Industry: Electrical Products

This is a signal that ELVA's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 31 similar cases where ELVA's RSI Indicator left the overbought zone, and in 29 of them led to a successful outcome. Odds of Success: 90%.