ENLIVEN THERAPEUTICS INC (ELVN) Stock Technical Analysis
NASDAQ:ELVN • US29337E1029
Overall ELVN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ELVN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ELVN did better than 81% of all other stocks.
- ELVN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ELVN is lagging the market slightly.
- ELVN has an average volume of 1113590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ELVN is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, ELVN did better than 65% of them.
- In the last month ELVN has a been trading in the 24.82 - 30.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ELVN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
26.44
We found 1 important support area.
- Support @26.71 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.42 to 29.42. 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 | UP | POSITIVE | The long term trend for ELVN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELVN is up. |
| ChartMill Relative Strength | 81.3 | POSITIVE | ELVN has a high relative strength, it outperformed 81.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELVN is below 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) | UP | POSITIVE | The current price of ELVN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.13 | NEUTRAL | The RSI value for ELVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests ELVN has a negative trend. |
| Stochastics (14,3) | 45.1 | NEUTRAL | The Stochastics value for ELVN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for ELVN suggests high volalility. |
| Average Directional Index/ADX (14) | 47.19 | POSITIVE | The high ADX value value for ELVN suggests a strong trend. |
26.72
-0.44 (-1.62%)
ENLIVEN THERAPEUTICS INC / ELVN FAQ
What is the technical rating for ELVN stock?
ChartMill assigns a technical rating of 10 / 10 to ELVN.
What is the current trend direction of ENLIVEN THERAPEUTICS INC (ELVN) stock?
The current trend direction for ENLIVEN THERAPEUTICS INC (ELVN) is Bullish.
What is the RSI signal for ENLIVEN THERAPEUTICS INC (ELVN) stock?
ENLIVEN THERAPEUTICS INC (ELVN) has an RSI value of 55.1342. This indicates that the stock is currently neutral.
What is the MACD signal for ELVN stock?
The MACD indicator for ENLIVEN THERAPEUTICS INC (ELVN) has a value of -0.300316, indicating a bearish trend.
What are the support and resistance levels for ENLIVEN THERAPEUTICS INC (ELVN) stock?
ENLIVEN THERAPEUTICS INC (ELVN) has a support level at 26.71 and a resistance level at 29.42. Check the full technical report for our detailed analysis of ELVN support and resistance levels.