ELUTIA INC (ELUT) Technical Analysis
NASDAQ:ELUT • US05479K1060
Current stock price
ELUT Technical Rating and Analysis
Overall ELUT gets a technical rating of 6 out of 10. ELUT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- ELUT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ELUT is lagging the market.
- In the last month ELUT has a been trading in the 1.03 - 1.39 range, which is quite wide. It is currently trading near the lows of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, ELUT did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- ELUT is part of the Biotechnology industry. There are 519 other stocks in this industry, ELUT did better than 63% of them.
- Considerably lower volume is observed in the last couple of days.
ELUT Weekly and Daily overview Charts
ELUT Setup Rating and Analysis
Although the technical rating is only medium, ELUT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.05, a Stop Loss order could be placed below this zone.
More info and screens
ELUT Support and Resistance Analysis
1.02
We found 2 important support areas.
- Support @1.07 from a trend line in the daily time frame.
- A support zone ranging from 1.03 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.11 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.15 from a horizontal line in the weekly time frame.
- Resistance @1.20 from a horizontal line in the daily time frame.
ELUT 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 | NEUTRAL | NEUTRAL | The long term trend for ELUT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELUT is neutral. |
| ChartMill Relative Strength | 80.28 | POSITIVE | ELUT has a high relative strength, it outperformed 80.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELUT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELUT is above the rising 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) | 48.38 | NEUTRAL | The RSI value for ELUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ELUT has a negative trend. |
| Stochastics (14,3) | 18.08 | OVERSOLD | The low Stochastics value suggests ELUT may be oversold. |
| Average True Range in percent/ATR (20) | 10.09 | HIGH VOLATILITY | The high ATR as a percentage value for ELUT suggests high volalility. |
| Average Directional Index/ADX (14) | 37.11 | POSITIVE | The high ADX value value for ELUT suggests a strong trend. |
ELUT Chart- and CandleStick Pattern Analysis
ELUT 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 |
|---|---|---|---|
| 1.08 | 1.02 | 0.06 (5.56%) | 18.00% |
| An entry @1.08. This is a Buy Stop order right above the resistance zone. | An exit @1.02. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 5.56%. | When investing 18.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ELUT. 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.
ELUT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ELUT (3/25/2026, 1:32:47 PM)
1.07
+0.01 (+0.94%)
ELUTIA INC / ELUT TA FAQ
Can you provide the ChartMill technical rating for ELUTIA INC?
ChartMill assigns a technical rating of 6 / 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 48.3778. 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.