ENLIVEN THERAPEUTICS INC (ELVN) Stock Technical Analysis
NASDAQ:ELVN - Nasdaq - US29337E1029 - Common Stock - Currency: USD
Taking everything into account, ELVN scores 1 out of 10 in our technical rating. ELVN 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.
ELVN is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 77% of 193 stocks in the same industry.
In the last month ELVN has a been trading in the 20.40 - 23.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that ELVN is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ELVN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELVN is lagging the market.
Although the technical rating is bad, ELVN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 21.72, a Stop Loss order could be placed below this zone.
More info and screens
20.00
22.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.47 to 21.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.94 from a horizontal line in the weekly time frame.
- A support zone ranging from 20.20 to 20.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.87 to 22.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.44 to 22.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.97
Mansfield-0.98
10 Day High22.91
10 Day Low20.67
20 Day High23.18
20 Day Low20.4
52 Week High30.03
52 Week Low10.9
Performance
1 Week1.4%
2 Weeks-2.98%
1 Month-1.09%
3 Month-11.17%
6 Month-5.22%
12 Month31.88%
2 Year1.21%
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)0.06
RSI(14)48.04
LBB21.15
UBB22.61
21.8
+0.33 (+1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.54%
1 Week1.4%
2 Weeks-2.98%
1 Month-1.09%
3 Month-11.17%
6 Month-5.22%
12 Month31.88%
2 Year1.21%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%4.6%
ATR Inc-14.45%
Range Today0.75
ADR(20)0.98
ADR(20)%4.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.97
Mansfield-0.98
10 Day High22.91
10 Day Low20.67
20 Day High23.18
20 Day Low20.4
52 Week High30.03
52 Week Low10.9
CS1 End21.72
CR1 Start21.87
Volume & EV
DER(3)-5.37%
DER(5)-1.48%
Volume169.90K
Volume Incr-20.5%
Vol(5)188.42K
Vol(50)226.55K