Taking everything into account, ELVN scores 5 out of 10 in our technical rating. ELVN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ELVN has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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17.51
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.44 to 21.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.69 to 17.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @22.27 from a trend line in the daily time frame.
- A resistance zone ranging from 23.11 to 23.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ELVN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELVN is neutral. |
| ChartMill Relative Strength | 38.95 | NEUTRAL | ELVN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELVN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELVN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ELVN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.8 | NEUTRAL | The RSI value for ELVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ELVN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.77 | NEUTRAL | The Stochastics value for ELVN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.34 | HIGH VOLATILITY | The high ATR as a percentage value for ELVN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.05 | NEGATIVE | The low ADX value for ELVN suggests a weak or negative trend. |
21.75
+0.48 (+2.26%)
ENLIVEN THERAPEUTICS INC / ELVN FAQ
What is the technical rating for ELVN stock?
ChartMill assigns a technical rating of 5 / 10 to ELVN.
Can you provide the trend direction for ENLIVEN THERAPEUTICS INC?
The current trend direction for ENLIVEN THERAPEUTICS INC (ELVN) is Bearish.
What is the RSI signal for ENLIVEN THERAPEUTICS INC (ELVN) stock?
ENLIVEN THERAPEUTICS INC (ELVN) has an RSI value of 54.8022. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENLIVEN THERAPEUTICS INC?
The MACD indicator for ENLIVEN THERAPEUTICS INC (ELVN) has a value of 0.202403, indicating a bearish trend.