ELEVATION ONCOLOGY INC (ELEV) Stock Technical Analysis
NASDAQ:ELEV - Nasdaq - US28623U1016 - Common Stock - Currency: USD
Taking everything into account, ELEV scores 2 out of 10 in our technical rating. In the past year, ELEV was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
97% of all other stocks performed better in the past year than ELEV.
ELEV is one of the lesser performing stocks in the Biotechnology industry. 82% of 568 stocks in the same industry do better.
ELEV is currently trading near the lower end of its 52 week range, which is not a good sign. ELEV is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ELEV has a been trading in the 0.22 - 0.40 range, which is quite wide. It is currently trading near the high of this range.
ELEV has an average volume of 1620220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ELEV 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
0.37
0.42
2 important resistance areas can be observed.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.42 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.04
Mansfield-6.94
10 Day High0.4
10 Day Low0.22
20 Day High0.4
20 Day Low0.22
52 Week High4.48
52 Week Low0.22
Performance
1 Week26.62%
2 Weeks51.47%
1 Month28.23%
3 Month-43.8%
6 Month-36.08%
12 Month-89.72%
2 Year-85.86%
3 Year-87.88%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)55.63
LBB0.19
UBB0.4
0.372
-0.01 (-1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.61%
1 Week26.62%
2 Weeks51.47%
1 Month28.23%
3 Month-43.8%
6 Month-36.08%
12 Month-89.72%
2 Year-85.86%
3 Year-87.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%8.23%
ATR Inc36.02%
Range Today0.04
ADR(20)0.03
ADR(20)%8.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.04
Mansfield-6.94
10 Day High0.4
10 Day Low0.22
20 Day High0.4
20 Day Low0.22
52 Week High4.48
52 Week Low0.22
CS1 EndN/A
CR1 Start0.39
Volume & EV
DER(3)-14.96%
DER(5)-5.86%
Volume1.25M
Volume Incr-13.02%
Vol(5)1.99M
Vol(50)1.62M