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ELA NEWS why is Envela Corp price falling or rising

ELA NEWS reasons for why stock price of Envela Corp is falling or rising

ELA Envela Corp is falling or rising technical reasons

Technical analysis forecast for Envela Corp Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Envela Corp ELA at this time. Stock is falling and might fall more.

It appears as if Envela Corp ELA gave a large move recently.

Stock of Envela Corp (ELA) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Envela Corp is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12.8 as stoploss in an intra day buy trade for a target of 13.37. However, stock will show a bearish move below 12.8.

ELA Envela Corp is falling or rising NEWS fundamental reasons

India-US trade deal: India will drop Russian oil, pivot to US, Venezuela, says Trump India may halt Russian oil imports after a US trade deal, pivoting to US and Venezuelan crude. The shift could reshape global oil flows and prices, as refiners move away from discounted Russian supplies. - NEWS as on 2026-02-03 indiatimes.com

More announcements and NEWS

ELA Envela Corp current price & indicator signals

Moving Averages for Envela Corp

  • 5Day Average: 13.01
  • 12Day Average: 13.48
  • 20Day Average: 13.69
  • 50Day Average: 13.09
  • 100Day Average: 10.94
  • 150Day Average: 9.5
  • 200Day Average: 8.67

ELA Indicators & signals

Indicator MACD (12,26,9)

13.32, 13.31, 0.19
Indicator MACD is in positive zone

Indicator ADX (14)

5, 21.59, 23.86
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ELA Envela Corp are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
09 Mon Feb 2026 12.96 12.63 to 13.41 -2.04% 1.41 times
06 Fri Feb 2026 13.23 12.96 to 13.44 3.44% 0.73 times
05 Thu Feb 2026 12.79 12.57 to 13.11 -0.7% 1.19 times
04 Wed Feb 2026 12.88 12.65 to 13.26 -2.2% 1.51 times
03 Tue Feb 2026 13.17 12.99 to 13.46 0.53% 0.9 times
02 Mon Feb 2026 13.10 13.01 to 14.03 -3.46% 1.19 times
30 Fri Jan 2026 13.57 13.47 to 15.00 -8.56% 1.13 times
29 Thu Jan 2026 14.84 13.98 to 15.11 4.51% 1.49 times
28 Wed Jan 2026 14.20 13.62 to 14.24 4.18% 0.6 times
27 Tue Jan 2026 13.63 13.35 to 13.75 0% 0.33 times
26 Mon Jan 2026 13.63 13.27 to 13.93 -1.16% 0.92 times
23 Fri Jan 2026 13.79 13.18 to 14.32 -2.75% 1.18 times

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