ELICIO THERAPEUTICS INC (ELTX) Stock Technical Analysis
USA - NASDAQ:ELTX - US28657F1030 - Common Stock
Taking everything into account, ELTX scores 3 out of 10 in our technical rating. Although ELTX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, ELTX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ELTX 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
4.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.12 to 9.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.60 from a trend line in the weekly time frame.
- Support @4.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.71 to 9.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ELTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELTX is down. |
| ChartMill Relative Strength | 90.68 | POSITIVE | ELTX has a high relative strength, it outperformed 90.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.12 | NEUTRAL | The RSI value for ELTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ELTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.35 | OVERSOLD | The low Stochastics value suggests ELTX may be oversold. |
| Average True Range in percent/ATR (20) | 5.82 | HIGH VOLATILITY | The high ATR as a percentage value for ELTX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for ELTX suggests a possible start of a new trend. |
NASDAQ:ELTX (11/5/2025, 8:00:02 PM)
9.13
-0.02 (-0.22%)
ELICIO THERAPEUTICS INC / ELTX FAQ
Can you provide the ChartMill technical rating for ELICIO THERAPEUTICS INC?
ChartMill assigns a technical rating of 3 / 10 to ELTX.
What is the trend direction for ELTX stock?
The current trend direction for ELICIO THERAPEUTICS INC (ELTX) is Bearish.
Can you provide the RSI signal for ELICIO THERAPEUTICS INC?
ELICIO THERAPEUTICS INC (ELTX) has an RSI value of 34.1209. This indicates that the stock is currently neutral.
What is the MACD signal for ELICIO THERAPEUTICS INC (ELTX) stock?
The MACD indicator for ELICIO THERAPEUTICS INC (ELTX) has a value of -0.0399247, indicating a bearish trend.
Can you provide the support and resistance levels for ELICIO THERAPEUTICS INC?
ELICIO THERAPEUTICS INC (ELTX) has a support level at 9.12 and a resistance level at 9.71. Check the full technical report for our detailed analysis of ELTX support and resistance levels.