6.50
price up icon0.00%   0.00
after-market After Hours: 6.47 -0.03 -0.46%
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Envela Corp Stock (ELA) Forecast

The Envela Corp (ELA) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $5.1176, representing a -21.27% decrease from the current price of $6.50. The highest analyst price target is $6.0437, and the lowest is $4.1915.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month ELA Price Target
Average 4.6094 (-29.09% Downside)
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Is Envela Corp (ELA) A Buy Now?

Oscillators
Name Value Action
RSI(14) 84.74 Sell
STOCH(9,6) 99.62 Sell
STOCHRSI(14) 100.00 Sell
MACD(12,26) 0.3075 Buy
ADX(14) 35.53 Buy
William %R 0.00 Sell
CCI(14) 96.79 Neutral
Buy: 2 Sell: 4 Neutral: 1
Summary: Sell
Moving Averages
Period Simple Exponential
MA10
6.283
Buy
6.2498
Buy
MA20
5.8325
Buy
5.982
Buy
MA50
5.564
Buy
5.624
Buy
MA100
5.2566
Buy
5.345
Buy
MA200
4.8843
Buy
5.1314
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, ELA could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 4 signaling Sell signals and 1 Neutral signals. This might be a good time to open fresh positions on ELA, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 84.74 indicates that ELA is overbought. This suggests that ELA price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
  2. STOCH (Stochastic Oscillator): The STOCH value of 99.62 indicates that ELA is oversold. This means that ELA price is at or near the highest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that ELA is oversold. This suggests that ELA price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 35.53 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 96.79 indicates that ELA is still overbought but not to an extreme extent.

Long-term ELA price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Envela Corp financial reports and earnings history, Envela Corp (ELA) stock could reach $2.6876 by 2030, $2.1232 by 2040 and $0.7726 by 2050. See the projected annual prices until 2050 of the Envela Corp stock below:

  • Envela Corp (ELA) is expected to reach an average price of $2.8682 in 2035, with a high prediction of $3.0782 and a low estimate of $1.9539. This indicates an $-55.87% rise from the last recorded price of $6.50.
  • Envela Corp (ELA) stock is projected to chart a bullish course in 2040, with an average price target of $1.949, representing an $-70.02% surge from its current level. The forecast ranges from a conservative $1.1732 to a sky-high $2.1232.
  • Our analysts predict Envela Corp (ELA) to jump -45.68% by 2045, soaring from $2.81 to an average price of $3.5307, potentially reaching $3.7707. While $2.81 is the low estimate, the potential upside is significant.
  • Envela Corp (ELA) stock is expected to climb by 2050, reaching an average of $0.2488, a $-96.17% jump from its current level. However, a wide range of estimates exists, with high and low targets of $0.7726 and $0.0183, respectively, highlighting the market's uncertainty.

Envela Corp Stock (ELA) Year by Year Forecast

Envela Corp Stock (ELA) Price Forecast for 2024

Our forecast for ELA stock price in 2024 now indicates an average price target of $4.0258 with a high forecast of $6.0437 and a low forecast of $2.0079. The average prediction reflects an decrease of -38.06% from the last recorded price of $6.50.
Month Average Low High Change from today's price
December, 2024 $5.3537 $4.1915 $6.0437 -17.64%

Envela Corp Stock (ELA) Price Forecast for 2025

Envela Corp Stock (ELA) is expected to reach an average price of $4.6094 in 2025, with a high prediction of $6.5144 and a low estimate of $2.7044. This indicates an -29.09% fall from the last recorded price of $6.50.
Month Average Low High Change from today's price
January, 2025 $4.0273 $3.8373 $6.5144 -38.04%
February, 2025 $4.1201 $3.798 $5.4094 -36.61%
March, 2025 $3.053 $2.873 $4.4616 -53.03%
April, 2025 $3.3866 $2.7044 $3.7152 -47.90%
May, 2025 $3.9195 $3.3573 $5.028 -39.70%
June, 2025 $2.9223 $2.9124 $4.4602 -55.04%
July, 2025 $3.3159 $2.8631 $4.3345 -48.99%
August, 2025 $3.1688 $2.9388 $3.5688 -51.25%
September, 2025 $3.2317 $3.0409 $3.4295 -50.28%
October, 2025 $3.6253 $3.0738 $3.7253 -44.23%
November, 2025 $3.1981 $3.0767 $3.7967 -50.80%
December, 2025 $3.2017 $2.9796 $3.5317 -50.74%

Envela Corp Stock (ELA) Price Forecast for 2026

The predicted value for Envela Corp (ELA) in 2026 is set at an average of $5.1116. Estimates vary from a peak of $7.5789 to a trough of $2.6443, indicating an -21.36% surge from the present price of $6.50.
Month Average Low High Change from today's price
January, 2026 $3.0346 $2.6443 $3.3881 -53.31%
February, 2026 $3.2374 $2.9171 $3.3367 -50.19%
March, 2026 $3.3802 $3.1282 $3.3802 -48.00%
April, 2026 $3.8239 $3.391 $4.0339 -41.17%
May, 2026 $4.0368 $3.6646 $4.7861 -37.90%
June, 2026 $4.4495 $3.6475 $4.5253 -31.55%
July, 2026 $6.2832 $4.3004 $6.5032 -3.33%
August, 2026 $6.4761 $5.9447 $7.0561 -0.37%
September, 2026 $6.8097 $5.7175 $7.5789 +4.76%
October, 2026 $5.6926 $5.5126 $6.8754 -12.42%
November, 2026 $3.9854 $3.8954 $5.6133 -38.69%
December, 2026 $3.959 $3.6683 $4.7206 -39.09%

Envela Corp Stock (ELA) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Envela Corp (ELA) is $5.5714, with a high forecast of $7.2334 and a low forecast of $3.9093. This indicates an -14.29% decrease from the last price of $6.50.
Month Average Low High Change from today's price
January, 2027 $4.4919 $3.9097 $4.6619 -30.89%
February, 2027 $4.4348 $4.2926 $5.2833 -31.77%
March, 2027 $5.8581 $4.2856 $5.8983 -9.87%
April, 2027 $6.4312 $5.6905 $6.5805 -1.06%
May, 2027 $6.1741 $5.6841 $7.2334 -5.01%
June, 2027 $5.8277 $5.3855 $6.4448 -10.34%
July, 2027 $5.6805 $5.2791 $6.0405 -12.61%
August, 2027 $6.8734 $5.8313 $6.9934 +5.74%
September, 2027 $6.507 $6.1549 $7.167 +0.11%
October, 2027 $4.6199 $4.4499 $7.0877 -28.93%
November, 2027 $4.3027 $4.2727 $5.2906 -33.80%
December, 2027 $3.9463 $3.9093 $4.4842 -39.29%

Envela Corp Stock (ELA) Price Forecast for 2028

In 2028, Envela Corp (ELA) is projected to reach an average price of $2.8864, with a high projection of $4.6871 and a low estimate of $1.0858. This indicates an -55.59% fall from the last price of $6.50.
Month Average Low High Change from today's price
January, 2028 $3.0092 $2.8945 $3.967 -53.70%
February, 2028 $3.1421 $2.2314 $3.2965 -51.66%
March, 2028 $4.2457 $3.1228 $4.2657 -34.68%
April, 2028 $3.6585 $3.5078 $4.6871 -43.71%
May, 2028 $3.8321 $3.3693 $3.88 -41.04%
June, 2028 $3.655 $3.4643 $3.9728 -43.77%
July, 2028 $3.8479 $3.4464 $3.9078 -40.80%
August, 2028 $3.5214 $3.43 $4.0693 -45.82%
September, 2028 $2.0429 $1.7929 $3.7614 -68.57%
October, 2028 $2.5786 $1.9473 $3.0072 -60.33%
November, 2028 $1.3358 $1.0858 $2.70 -79.45%
December, 2028 $2.2615 $1.1572 $3.1472 -65.21%

Envela Corp Stock (ELA) Price Forecast for 2029

The 2029 price forecast for Envela Corp Stock (ELA) is $3.7088 on average, with a high prediction of $5.6088 and a low estimate of $1.8089. This represents an -42.94% decrease from the previous price of $6.50.
Month Average Low High Change from today's price
January, 2029 $2.5287 $2.07 $3.4686 -61.10%
February, 2029 $2.7944 $2.2401 $2.8544 -57.01%
March, 2029 $3.1902 $2.1959 $3.6702 -50.92%
April, 2029 $3.6159 $2.8541 $4.1845 -44.37%
May, 2029 $3.4431 $3.4431 $5.6088 -47.03%
June, 2029 $3.4388 $2.896 $4.5088 -47.09%
July, 2029 $2.3846 $2.3446 $3.5631 -63.31%
August, 2029 $2.4518 $1.8089 $2.8203 -62.28%
September, 2029 $3.3275 $2.3232 $4.1361 -48.81%
October, 2029 $2.0347 $2.0248 $3.5704 -68.70%
November, 2029 $2.5904 $1.9761 $3.449 -60.15%
December, 2029 $2.6462 $2.2719 $2.6762 -59.29%

Envela Corp Stock (ELA) Price Forecast for 2030

Envela Corp Stock (ELA) is expected to reach an average price of $3.9148 in 2030, with a high forecast of $6.0508 and a low forecast of $1.7789. This signifies an -39.77% decrease from the last price of $6.50.
Month Average Low High Change from today's price
January, 2030 $2.3533 $2.0576 $2.6876 -63.79%
February, 2030 $2.6491 $2.1976 $2.819 -59.25%
March, 2030 $2.4448 $2.2034 $2.9234 -62.39%
April, 2030 $2.3705 $2.1091 $2.7162 -63.53%
May, 2030 $2.2177 $2.182 $2.6634 -65.88%
June, 2030 $2.3735 $1.7789 $2.4735 -63.49%
July, 2030 $2.5205 $2.2663 $2.5205 -61.22%
August, 2030 $2.9264 $2.5321 $3.0664 -54.98%
September, 2030 $3.7221 $2.8092 $3.9321 -42.74%
October, 2030 $3.5992 $2.795 $3.7958 -44.63%
November, 2030 $5.405 $3.4507 $5.525 -16.85%
December, 2030 $5.6808 $4.8565 $6.0508 -12.60%
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