ELICIO THERAPEUTICS INC (ELTX) Technical Analysis
NASDAQ:ELTX • US28657F1030
Current stock price
ELTX Technical Rating and Analysis
Overall ELTX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ELTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ELTX is one of the better performing stocks in the market, outperforming 93% of all stocks.
- ELTX is one of the better performing stocks in the Biotechnology industry, it outperforms 79% of 518 stocks in the same industry.
- ELTX 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 ELTX is lagging the market slightly.
- In the last month ELTX has a been trading in the 8.30 - 14.93 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.
ELTX Weekly and Daily overview Charts
ELTX Setup Rating and Analysis
Besides having an excellent technical rating, ELTX also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ELTX in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ELTX Support and Resistance Analysis
6.07
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.89 to 11.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.02 from a trend line in the weekly time frame.
- Support @7.60 from a horizontal line in the daily time frame.
- Support @6.13 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @12.43 from a trend line in the daily time frame.
ELTX Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for ELTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELTX is up. |
| ChartMill Relative Strength | 93.13 | POSITIVE | ELTX has a high relative strength, it outperformed 93.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELTX is above the rising 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) | 59.05 | NEUTRAL | The RSI value for ELTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ELTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.57 | NEUTRAL | The Stochastics value for ELTX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.85 | HIGH VOLATILITY | The high ATR as a percentage value for ELTX suggests high volalility. |
| Average Directional Index/ADX (14) | 46.64 | POSITIVE | The high ADX value value for ELTX suggests a strong trend. |
ELTX Chart- and CandleStick Pattern Analysis
ELTX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.44 | 10.88 | 1.56 (12.54%) | 7.97% |
| An entry @12.44. This is a Buy Stop order right above the resistance zone. | An exit @10.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.56 points, which is 12.54%. | For a 1.00% total portfolio risk, you can invest 7.97% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ELTX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ELTX Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ELTX (3/13/2026, 8:22:49 PM)
12.2
+1.3 (+11.93%)
ELICIO THERAPEUTICS INC / ELTX TA FAQ
Can you provide the ChartMill technical rating for ELICIO THERAPEUTICS INC?
ChartMill assigns a technical rating of 10 / 10 to ELTX.
Can you provide the trend direction for ELICIO THERAPEUTICS INC?
The current trend direction for ELICIO THERAPEUTICS INC (ELTX) is Bullish.
Can you provide the RSI signal for ELICIO THERAPEUTICS INC?
ELICIO THERAPEUTICS INC (ELTX) has an RSI value of 59.0507. This indicates that the stock is currently neutral.
What is the buy/sell signal for ELTX stock?
The buy/sell signal for ELICIO THERAPEUTICS INC (ELTX) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ELICIO THERAPEUTICS INC (ELTX) stock?
ELICIO THERAPEUTICS INC (ELTX) has a support level at 11 and a resistance level at 12.43. Check the full technical report for our detailed analysis of ELTX support and resistance levels.