ELICIO THERAPEUTICS INC (ELTX)

US28657F1030 - Common Stock

4.77  +0.02 (+0.42%)

Technical Rating and Analysis

2

Taking everything into account, ELTX scores 2 out of 10 in our technical rating. ELTX'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
79% of all other stocks performed better in the past year than ELTX.
ELTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: ELTX has an average volume of 12790 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ELTX is part of the Biotechnology industry. There are 570 other stocks in this industry, ELTX did better than 51% of them.
In the last month ELTX has a been trading in the 4.38 - 5.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ELTX Weekly chart
ELTX Daily chart
Setup Rating and Analysis

7

ELTX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.50, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

3.27

5.23

We found 5 important support areas.

  • A support zone ranging from 4.48 to 4.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @4.12 from a trend line in the daily time frame.
  • Support @3.91 from a trend line in the weekly time frame.
  • Support @3.37 from a horizontal line in the daily time frame.
  • Support @3.30 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 5.06 to 5.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS21.03
Mansfield-3.02
10 Day High5
10 Day Low4.38
20 Day High5.13
20 Day Low4.38
52 Week High11.45
52 Week Low2.96
Performance
1 Week-0.42%
2 Weeks-2.25%
1 Month-7.2%
3 Month10.67%
6 Month-43.21%
12 Month-21.29%
2 YearN/A
3 YearN/A
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)51.83
LBB4.42
UBB5.15
ELTX Daily chart

ELICIO THERAPEUTICS INC

NASDAQ:ELTX (10/17/2024, 8:31:39 PM)

4.77

+0.02 (+0.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.42%
1 Week-0.42%
2 Weeks-2.25%
1 Month-7.2%
3 Month10.67%
6 Month-43.21%
12 Month-21.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.28
ATR(20)%5.96%
ATR Inc
Range Today0.52
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 High5
10 Day Low4.38
20 Day High5.13
20 Day Low4.38
52 Week High11.45
52 Week Low2.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume24.90K
Volume Incr-9.31%
Vol(5)15.10K
Vol(50)12.79K