ELEVATION ONCOLOGY INC (ELEV)
US28623U1016 - Common Stock
Overall ELEV gets a technical rating of 3 out of 10. ELEV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
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 0.55 - 0.81 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ELEV is part of the Biotechnology industry. There are 568 other stocks in this industry. ELEV outperforms 75% of them.
Looking at the yearly performance, ELEV did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ELEV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ELEV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.50
0.75
4 important support areas can be observed.
- Support @0.56 from a trend line in the daily time frame.
- Support @0.54 from a trend line in the weekly time frame.
- Support @0.52 from a trend line in the weekly time frame.
- Support @0.51 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.74 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
CRS74.38
Mansfield-7.74
10 Day High0.81
10 Day Low0.55
20 Day High0.81
20 Day Low0.55
52 Week High5.83
52 Week Low0.44
Performance
1 Week-8.82%
2 Weeks-3.33%
1 Month-4.16%
3 Month-1.01%
6 Month-77.34%
12 Month23.4%
2 Year-38.95%
3 Year-90.37%
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)43.87
LBB0.53
UBB0.74
ELEVATION ONCOLOGY INC
NASDAQ:ELEV (12/20/2024, 8:06:57 PM)
After market: 0.608 +0.03 (+4.83%)0.58
-0.05 (-7.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-7.3%
1 Week-8.82%
2 Weeks-3.33%
1 Month-4.16%
3 Month-1.01%
6 Month-77.34%
12 Month23.4%
2 Year-38.95%
3 Year-90.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%12.22%
ATR Inc8.25%
Range Today0.11
ADR(20)0.07
ADR(20)%11.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.38
Mansfield-7.74
10 Day High0.81
10 Day Low0.55
20 Day High0.81
20 Day Low0.55
52 Week High5.83
52 Week Low0.44
CS1 End0.56
CR1 Start0.63
Volume & EV
DER(3)8.11%
DER(5)5.79%
Volume2.50M
Volume Incr51.56%
Vol(5)1.09M
Vol(50)791.42K