ELEVATION ONCOLOGY INC (ELEV)

US28623U1016 - Common Stock

0.5226  -0.01 (-2.5%)

After market: 0.538 +0.02 (+2.95%)

Technical Rating and Analysis

0

Overall ELEV gets a technical rating of 0 out of 10. ELEV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ELEV is a bad performer in the overall market: 68% of all stocks are doing better.
ELEV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ELEV is lagging the market.
In the last month ELEV has a been trading in the 0.50 - 0.69 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.
ELEV is an average performer in the Biotechnology industry, it outperforms 52% of 564 stocks in the same industry.
Weekly and Daily overview Charts
ELEV Weekly chart
ELEV Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, ELEV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

0.50

0.89

When analyzing the support we notice one important area.

  • Support @0.50 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

  • Resistance @0.52 from a trend line in the weekly time frame.
  • Resistance @0.62 from a trend line in the daily time frame.
  • Resistance @0.88 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.62
Mansfield-7.89
10 Day High0.69
10 Day Low0.52
20 Day High0.69
20 Day Low0.5
52 Week High5.83
52 Week Low0.36
Performance
1 Week-12.27%
2 Weeks-10.7%
1 Month-3.65%
3 Month-32.78%
6 Month-84.07%
12 Month37.53%
2 Year-42.19%
3 Year-92.03%
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)0.01
RSI(14)37.88
LBB0.52
UBB0.65
ELEV Daily chart

ELEVATION ONCOLOGY INC

NASDAQ:ELEV (11/4/2024, 8:05:07 PM)

After market: 0.538 +0.02 (+2.95%)

0.5226

-0.01 (-2.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.5%
1 Week-12.27%
2 Weeks-10.7%
1 Month-3.65%
3 Month-32.78%
6 Month-84.07%
12 Month37.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%8.35%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.69
10 Day Low0.52
20 Day High0.69
20 Day Low0.5
52 Week High5.83
52 Week Low0.36
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume659.30K
Volume Incr-13.05%
Vol(5)613.28K
Vol(50)699.61K