ENLIVEN THERAPEUTICS INC (ELVN) Stock Technical Analysis
USA - NASDAQ:ELVN - US29337E1029 - Common Stock
19.96 USD
+0.04 (+0.2%)
19.96 USD
0 (0%)
We assign a technical rating of 3 out of 10 to ELVN. ELVN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ELVN is a bad performer in the overall market: 84% of all stocks are doing better.
In the last month ELVN has a been trading in the 18.80 - 21.30 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ELVN is an average performer in the Pharmaceuticals industry, it outperforms 42% of 195 stocks in the same industry.
ELVN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELVN is lagging the market.
Although the technical rating is bad, ELVN does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for ELVN 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
17.44
23.02
When analyzing the support we can see 3 important areas.
- Support @18.60 from a trend line in the daily time frame.
- Support @18.28 from a trend line in the weekly time frame.
- A support zone ranging from 17.62 to 17.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 20.12 to 20.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.85 to 20.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @21.36 from a trend line in the weekly time frame.
- A resistance zone ranging from 22.66 to 22.79. 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 | 16.57 | NEGATIVE | ELVN has a low relative strength, it was outperformed by 83.43% 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) | DOWN | NEGATIVE | The current price of ELVN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELVN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.31 | NEUTRAL | The RSI value for ELVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ELVN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.12 | NEUTRAL | The Stochastics value for ELVN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for ELVN suggests high volalility. |
| Average Directional Index/ADX (14) | 16.82 | NEGATIVE | The low ADX value for ELVN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
19.96
+0.04 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.2%
1 Week-0.94%
2 Weeks-1.96%
1 Month0.96%
3 Month-8.9%
6 Month-3.76%
12 Month-10.57%
2 Year46.12%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.99
ATR(20)%5.18%
ATR Inc1.03%
Range Today0.89
ADR(20)1.03
ADR(20)%5.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.57
Mansfield-1.76
10 Day High21.3
10 Day Low18.8
20 Day High21.3
20 Day Low18.8
52 Week High30.03
52 Week Low13.3
CS1 End18.6
CR1 Start20.12
Volume & EV
DER(3)8.15%
DER(5)7.23%
Volume618.50K
Volume Incr12.74%
Vol(5)472.93K
Vol(50)412.21K