Overall ELYM gets a technical rating of 2 out of 10. Although ELYM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ELYM has a poor technical rating and the quality of the setup is also 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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2.51
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.97 to 5.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.76 from a trend line in the weekly time frame.
- Support @2.68 from a trend line in the weekly time frame.
- Support @2.54 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.19 to 8.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.88 from a horizontal line 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 ELYM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ELYM is down. |
| ChartMill Relative Strength | 88.48 | POSITIVE | ELYM has a high relative strength, it outperformed 88.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELYM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELYM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ELYM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.57 | NEUTRAL | The RSI value for ELYM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests ELYM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.11 | OVERSOLD | The low Stochastics value suggests ELYM may be oversold. |
| Average True Range in percent/ATR (20) | 13.28 | HIGH VOLATILITY | The high ATR as a percentage value for ELYM suggests high volalility. |
| Average Directional Index/ADX (14) | 34.87 | POSITIVE | The high ADX value value for ELYM suggests a strong trend. |
5.11
-0.05 (-0.97%)
ELIEM THERAPEUTICS INC / ELYM FAQ
What is the ChartMill technical rating of ELIEM THERAPEUTICS INC (ELYM) stock?
ChartMill assigns a technical rating of 2 / 10 to ELYM.
What is the current trend direction of ELIEM THERAPEUTICS INC (ELYM) stock?
The current trend direction for ELIEM THERAPEUTICS INC (ELYM) is Bearish.
What is the RSI signal for ELIEM THERAPEUTICS INC (ELYM) stock?
ELIEM THERAPEUTICS INC (ELYM) has an RSI value of 31.5714. This indicates that the stock is currently neutral.
What is the MACD signal for ELIEM THERAPEUTICS INC (ELYM) stock?
The MACD indicator for ELIEM THERAPEUTICS INC (ELYM) has a value of -0.330192, indicating a bearish trend.
Can you provide the short term momentum for ELIEM THERAPEUTICS INC?
The short term momentum for ELIEM THERAPEUTICS INC (ELYM) is negative.