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Fell Below 20 Day Moving Average appears for ELA after 4.59% move

Envela Corporation (ELA) — SwingTradeBot Technical Analysis Report · Sep 25, 2025, 17:48 ET
On Thursday, September 25th, ELA moved down 4.59% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 7.35, 7.22 & 7.06, with resistance at 7.64, 7.8 & 7.93.

Current SwingTradeBot Technical Rating of ELA: C

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Envela Corporation (ELA)