ELUTIA INC (ELUT) Stock Technical Analysis
USA - NASDAQ:ELUT - US05479K1060 - Common Stock
Overall ELUT gets a technical rating of 1 out of 10. ELUT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ELUT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.87, a Stop Loss order could be placed below this zone.
More info and screens
0.86
We found 1 important support area.
- A support zone ranging from 0.87 to 0.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.92 to 0.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.64 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 | DOWN | NEGATIVE | The short term trend for ELUT is down. |
| ChartMill Relative Strength | 1.53 | NEGATIVE | ELUT has a low relative strength, it was outperformed by 98.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELUT is above the rising 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) | 32.32 | NEUTRAL | The RSI value for ELUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ELUT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.7 | NEUTRAL | The Stochastics value for ELUT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for ELUT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.31 | NEUTRAL | The ADX value for ELUT suggests a possible start of a new trend. |
NASDAQ:ELUT (10/31/2025, 4:04:08 PM)
0.9094
0 (-0.07%)
ELUTIA INC / ELUT FAQ
Can you provide the ChartMill technical rating for ELUTIA INC?
ChartMill assigns a technical rating of 1 / 10 to ELUT.
What is the trend direction for ELUT stock?
The current trend direction for ELUTIA INC (ELUT) is Bearish.
What is the RSI signal for ELUT stock?
ELUTIA INC (ELUT) has an RSI value of 32.3209. This indicates that the stock is currently neutral.
What is the MACD signal for ELUTIA INC (ELUT) stock?
The MACD indicator for ELUTIA INC (ELUT) has a value of 0.0312276, indicating a bearish trend.
What is the support and resistance level for ELUT stock?
ELUTIA INC (ELUT) has a support level at 0.87 and a resistance level at 0.92. Check the full technical report for our detailed analysis of ELUT support and resistance levels.