ENLIVEN THERAPEUTICS INC (ELVN) Stock Technical Analysis
NASDAQ:ELVN - Nasdaq - US29337E1029 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ELVN. ELVN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
85% of all other stocks performed better in the past year than ELVN.
In the last month ELVN has a been trading in the 18.53 - 24.38 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ELVN is an average performer in the Pharmaceuticals industry, it outperforms 40% 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.
Considerably lower volume is observed in the last couple of days.
The technical rating of ELVN is bad and it also does not present a quality setup 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.
More info and screens
16.24
23.21
We found 3 important support areas.
- Support @17.56 from a trend line in the daily time frame.
- Support @17.16 from a trend line in the weekly time frame.
- A support zone ranging from 16.40 to 16.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.75 to 22.98. 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 | NEUTRAL | NEUTRAL | The long term trend for ELVN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELVN is down. |
| ChartMill Relative Strength | 15.23 | NEGATIVE | ELVN has a low relative strength, it was outperformed by 84.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELVN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ELVN is below 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) | 38.59 | NEUTRAL | The RSI value for ELVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests ELVN has a negative trend. |
| Stochastics (14,3) | 5.76 | OVERSOLD | The low Stochastics value suggests ELVN may be oversold. |
| Average True Range in percent/ATR (20) | 7.59 | HIGH VOLATILITY | The high ATR as a percentage value for ELVN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.73 | 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)
18.81
-0.51 (-2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.64%
1 Week-14.31%
2 Weeks-19.41%
1 Month-8.87%
3 Month-8.29%
6 Month-13.95%
12 Month-18.99%
2 Year-0.69%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.39
ATR(20)%7.59%
ATR Inc-20.42%
Range Today0.91
ADR(20)1.43
ADR(20)%7.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.23
Mansfield-2.16
10 Day High24.38
10 Day Low18.53
20 Day High24.38
20 Day Low18.53
52 Week High30.03
52 Week Low13.3
CS1 End17.56
CR1 Start22.75
Volume & EV
DER(3)-2.43%
DER(5)-0.6%
Volume409.20K
Volume Incr-43.15%
Vol(5)295.90K
Vol(50)527.19K