ENLIVEN THERAPEUTICS INC (ELVN) Stock Technical Analysis
NASDAQ:ELVN - Nasdaq - US29337E1029 - Common Stock - Currency: USD
Taking everything into account, ELVN scores 7 out of 10 in our technical rating. Although ELVN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, ELVN is a bad performer in the overall market: 72% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
ELVN is an average performer in the Pharmaceuticals industry, it outperforms 52% of 194 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.
In the last month ELVN has a been trading in the 19.22 - 24.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ELVN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.39, a Stop Loss order could be placed below this zone.
More info and screens
16.34
23.57
4 important support areas can be observed.
- A support zone ranging from 20.68 to 21.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.59 to 19.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 17.08 to 17.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.51 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.66 to 22.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.23 to 23.34. This zone is formed by a combination of multiple trend lines in the daily 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 | 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 | 28.75 | NEGATIVE | ELVN has a low relative strength, it was outperformed by 71.25% off all stocks 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 | NEGATIVE | The current price of ELVN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.34 | NEUTRAL | The RSI value for ELVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ELVN has a negative trend. |
| Stochastics (14,3) | 53.87 | NEUTRAL | The Stochastics value for ELVN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.64 | HIGH VOLATILITY | The high ATR as a percentage value for ELVN suggests high volalility. |
| Average Directional Index/ADX (14) | 21.15 | NEUTRAL | The ADX value for ELVN suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 22.76 | 20.67 | 2.09 (9.18%) | 10.89% |
| An entry @22.76. This is a Buy Stop order right above the resistance zone. | An exit @20.67. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.09 points, which is 9.18%. | For a 1.00% total portfolio risk, you can invest 10.89% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ELVN. 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.
NASDAQ:ELVN (7/23/2025, 11:54:39 AM)
22.02
+0.46 (+2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.13%
1 Week-0.42%
2 Weeks8.18%
1 Month6.26%
3 Month18.4%
6 Month-1.37%
12 Month-21.05%
2 Year13.83%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.57
ATR(20)%6.64%
ATR Inc-19.5%
Range Today0.95
ADR(20)1.43
ADR(20)%6.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.75
Mansfield-1.03
10 Day High24.38
10 Day Low19.83
20 Day High24.38
20 Day Low19.22
52 Week High30.03
52 Week Low13.3
CS1 End21.39
CR1 Start22.66
Volume & EV
DER(3)-0.95%
DER(5)0.39%
Volume19.97K
Volume Incr-31.7%
Vol(5)427.18K
Vol(50)556.71K