ELEDON PHARMACEUTICALS INC (ELDN)
US28617K1016 - Common Stock
Overall ELDN gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ELDN is only an average performer.
The long and short term trends are both positive. This is looking good!
ELDN is part of the Biotechnology industry. There are 588 other stocks in this industry. ELDN outperforms 71% of them.
In the last month ELDN has a been trading in the 1.52 - 2.43 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, ELDN turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
ELDN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ELDN is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ELDN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.52
2.31
3 important support areas can be observed.
- Support @1.73 from a trend line in the weekly time frame.
- Support @1.62 from a trend line in the daily time frame.
- Support @1.54 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.96
Mansfield3.22
10 Day High2.43
10 Day Low1.55
20 Day High2.43
20 Day Low1.52
52 Week High2.95
52 Week Low1.07
Performance
1 Week16.24%
2 Weeks45.86%
1 Month35.5%
3 Month32.37%
6 Month86.18%
12 Month-14.55%
2 Year-28.21%
3 Year-75.95%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)62.78
LBB1.44
UBB2.5
ELEDON PHARMACEUTICALS INC
NASDAQ:ELDN (5/1/2024, 7:00:01 PM)
2.29
-0.1 (-4.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.18%
1 Week16.24%
2 Weeks45.86%
1 Month35.5%
3 Month32.37%
6 Month86.18%
12 Month-14.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%8.92%
ATR Inc
Range Today0.3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.43
10 Day Low1.55
20 Day High2.43
20 Day Low1.52
52 Week High2.95
52 Week Low1.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume146.80K
Volume Incr13.28%
Vol(5)141.96K
Vol(50)112.38K