ELEVATION ONCOLOGY INC (ELEV)
US28623U1016 - Common Stock
Overall ELEV gets a technical rating of 5 out of 10. In the last year, ELEV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ELEV has an average volume of 1094090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ELEV turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
ELEV is part of the Biotechnology industry. There are 588 other stocks in this industry, ELEV did better than 68% of them.
ELEV 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 ELEV is lagging the market slightly.
In the last month ELEV has a been trading in the 3.18 - 4.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, ELEV does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 3.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ELEV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.50
5.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.61 to 3.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.54 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @4.01 from a horizontal line in the daily time frame.
- Resistance @5.02 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.98
Mansfield6.68
10 Day High4.49
10 Day Low3.18
20 Day High4.98
20 Day Low3.18
52 Week High5.89
52 Week Low0.36
Performance
1 Week2.21%
2 Weeks-2.63%
1 Month-24.64%
3 Month25.42%
6 Month731.27%
12 Month-6.33%
2 Year63.72%
3 YearN/A
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)-0.05
RSI(14)42.54
LBB3.42
UBB4.4
ELEVATION ONCOLOGY INC
NASDAQ:ELEV (5/3/2024, 7:00:01 PM)
3.7
-0.12 (-3.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.14%
1 Week2.21%
2 Weeks-2.63%
1 Month-24.64%
3 Month25.42%
6 Month731.27%
12 Month-6.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.47
ATR(20)%11.9%
ATR Inc
Range Today0.44
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 High4.49
10 Day Low3.18
20 Day High4.98
20 Day Low3.18
52 Week High5.89
52 Week Low0.36
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume431.60K
Volume Incr76.56%
Vol(5)1.54M
Vol(50)1.09M