0.6432 USD
-0.05 (-7.15%)
0.6512 USD
+0.01 (+1.24%)
We assign a technical rating of 0 out of 10 to ELUT. ELUT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
95% of all other stocks performed better in the past year than ELUT.
ELUT is part of the Biotechnology industry. There are 530 other stocks in this industry, of which 79% are performing better than ELUT.
ELUT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ELUT has a been trading in the 0.50 - 0.73 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, ELUT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.70. Right above this resistance zone may be a good entry point.
More info and screens
0.64
1.01
2 important resistance areas can be observed.
- A resistance zone ranging from 0.70 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.00 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for ELUT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELUT is neutral. |
| ChartMill Relative Strength | 5.21 | NEGATIVE | ELUT has a low relative strength, it was outperformed by 94.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ELUT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELUT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELUT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.5 | NEUTRAL | The RSI value for ELUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ELUT has a positive trend. |
| Stochastics (14,3) | 60.25 | NEUTRAL | The Stochastics value for ELUT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.72 | HIGH VOLATILITY | The high ATR as a percentage value for ELUT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.12 | NEUTRAL | The ADX value for ELUT suggests a possible start of a new trend. |
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)
0.6432
-0.05 (-7.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-7.15%
1 Week15.02%
2 Weeks27.37%
1 Month-0.36%
3 Month-26.91%
6 Month-69.22%
12 Month-81.36%
2 Year-82.18%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%10.72%
ATR Inc95.18%
Range Today0.09
ADR(20)0.07
ADR(20)%10.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.21
3 months CRS12.83
6 months CRS2.83
Mansfield-6.98
10 Day High0.73
10 Day Low0.52
20 Day High0.73
20 Day Low0.5
52 Week High3.8
52 Week Low0.5
CS1 EndN/A
CR1 Start0.7
Volume & EV
DER(3)-2.17%
DER(5)-2.66%
Volume431.90K
Volume Incr61.49%
Vol(5)723.24K
Vol(50)366.40K
ELUTIA INC / ELUT FAQ
Can you provide the ChartMill technical rating for ELUTIA INC?
ChartMill assigns a technical rating of 0 / 10 to ELUT.
Can you provide the trend direction for ELUTIA INC?
The current trend direction for ELUTIA INC (ELUT) is Bearish.
Can you provide the RSI signal for ELUTIA INC?
ELUTIA INC (ELUT) has an RSI value of 50.4992. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ELUTIA INC?
The short term momentum for ELUTIA INC (ELUT) is neutral.