ELUTIA INC (ELUT) Stock Technical Analysis
NASDAQ:ELUT - Nasdaq - US05479K1060 - Common Stock - Currency: USD
Overall ELUT gets a technical rating of 1 out of 10. ELUT'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.
77% of all other stocks performed better in the past year than ELUT.
In the last month ELUT has a been trading in the 2.41 - 3.45 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ELUT is an average performer in the Biotechnology industry, it outperforms 64% of 571 stocks in the same industry.
ELUT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELUT is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ELUT 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.
More info and screens
3.19
5.01
We can see 2 important resistance areas.
- A resistance zone ranging from 3.23 to 3.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.96 from a horizontal 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
CRS23.1
Mansfield-1.64
10 Day High3.3
10 Day Low2.41
20 Day High3.45
20 Day Low2.41
52 Week High5.24
52 Week Low2.28
Performance
1 Week12.59%
2 Weeks22.9%
1 Month-1.83%
3 Month-21.84%
6 Month-20.1%
12 Month2.22%
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)0.09
RSI(14)55.09
LBB2.35
UBB3.29
NASDAQ:ELUT (2/21/2025, 8:15:37 PM)
3.22
+0.02 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.63%
1 Week12.59%
2 Weeks22.9%
1 Month-1.83%
3 Month-21.84%
6 Month-20.1%
12 Month2.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%8.23%
ATR Inc-61.46%
Range Today0.12
ADR(20)0.25
ADR(20)%7.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.1
Mansfield-1.64
10 Day High3.3
10 Day Low2.41
20 Day High3.45
20 Day Low2.41
52 Week High5.24
52 Week Low2.28
CS1 EndN/A
CR1 Start3.23
Volume & EV
DER(3)-0.87%
DER(5)-3.9%
Volume43.00K
Volume Incr11.38%
Vol(5)37.48K
Vol(50)39.12K