ELIEM THERAPEUTICS INC (ELYM)

US28658R1068 - Common Stock

5.11  -0.05 (-0.97%)

After market: 5.1 -0.01 (-0.2%)

Technical Rating and Analysis

2

Overall ELYM gets a technical rating of 2 out of 10. Although ELYM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month ELYM has a been trading in the 4.75 - 8.79 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.
ELYM is part of the Biotechnology industry. There are 568 other stocks in this industry. ELYM outperforms 85% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that ELYM is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ELYM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ELYM is lagging the market slightly.
Weekly and Daily overview Charts
ELYM Weekly chart
ELYM Daily chart
Setup Rating and Analysis

4

ELYM has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

2.51

8.97

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 4.97 to 5.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.76 from a trend line in the weekly time frame.
  • Support @2.68 from a trend line in the weekly time frame.
  • Support @2.54 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 8.19 to 8.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.88 from a horizontal 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
CRS88.48
Mansfield-0.52
10 Day High8.6
10 Day Low4.75
20 Day High8.79
20 Day Low4.75
52 Week High11.55
52 Week Low2.35
Performance
1 Week-7.09%
2 Weeks-35.96%
1 Month-29.42%
3 Month-22.93%
6 Month96.54%
12 Month95.04%
2 Year56.27%
3 Year-70.67%
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)-0.33
RSI(14)31.57
LBB3.82
UBB9.66
ELYM Daily chart

ELIEM THERAPEUTICS INC

NASDAQ:ELYM (10/2/2024, 8:06:17 PM)

After market: 5.1 -0.01 (-0.2%)

5.11

-0.05 (-0.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.97%
1 Week-7.09%
2 Weeks-35.96%
1 Month-29.42%
3 Month-22.93%
6 Month96.54%
12 Month95.04%
2 Year56.27%
3 Year-70.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%13.28%
ATR Inc-58.02%
Range Today0.26
ADR(20)0.68
ADR(20)%13.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.48
Mansfield-0.52
10 Day High8.6
10 Day Low4.75
20 Day High8.79
20 Day Low4.75
52 Week High11.55
52 Week Low2.35
CS1 End5.04
CR1 Start8.19
Volume & EV
DER(3)-6.69%
DER(5)-5.42%
Volume803.90K
Volume Incr-12.71%
Vol(5)842.60K
Vol(50)563.48K