ELUTIA INC (ELUT) Stock Technical Analysis
NASDAQ:ELUT • US05479K1060
Taking everything into account, ELUT scores 7 out of 10 in our technical rating. ELUT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- ELUT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month ELUT has a been trading in the 0.85 - 1.32 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, ELUT turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- ELUT is part of the Biotechnology industry. There are 520 other stocks in this industry, ELUT did better than 58% of them.
Besides having an excellent technical rating, ELUT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for ELUT 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
1.01
When analyzing the support we notice one important area.
- Support @1.02 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.28 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 | NEUTRAL | NEUTRAL | The long term trend for ELUT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELUT is up. |
| ChartMill Relative Strength | 67.97 | NEUTRAL | ELUT is not amongst the best or worst performers 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) | 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) | 62.66 | NEUTRAL | The RSI value for ELUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ELUT has a positive trend. |
| Stochastics (14,3) | 59.51 | NEUTRAL | The Stochastics value for ELUT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.18 | HIGH VOLATILITY | The high ATR as a percentage value for ELUT suggests high volalility. |
| Average Directional Index/ADX (14) | 43.8 | POSITIVE | The high ADX value value for ELUT suggests a strong trend. |
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 |
|---|---|---|---|
| 1.29 | 1.01 | 0.28 (21.71%) | 4.61% |
| An entry @1.29. This is a Buy Stop order right above the resistance zone. | An exit @1.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.28 points, which is 21.71%. | For a 1.00% total portfolio risk, you can invest 4.61% of your capital in this trade. |
- 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.
NASDAQ:ELUT (2/27/2026, 8:00:02 PM)
1.15
0 (0%)
ELUTIA INC / ELUT FAQ
Can you provide the ChartMill technical rating for ELUTIA INC?
ChartMill assigns a technical rating of 7 / 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 62.6611. 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 positive.