Question 1

What implications does the 10-day RSI indicator have for ELVN?

Accepted Answer

The 10-day RSI Indicator for ELVN moved out of overbought territory on July 29, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 instances where the indicator moved out of the overbought zone. In 25 of the 30 cases the stock moved lower in the days that followed. This puts the odds of a move down at 0%.

Question 2

What does the Stochastic Oscillator suggest about ELVN's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did ELVN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on ELVN as a result. In 72 of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for ELVN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ELVN just turned positive on August 19, 2024. Looking at past instances where ELVN's MACD turned positive, the stock continued to rise in 33 of 41 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for ELVN?

Accepted Answer

ELVN moved above its 50-day moving average on August 15, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for ELVN?

Accepted Answer

The 10-day moving average for ELVN crossed bearishly below the 50-day moving average on August 13, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 7

What does a 3-day price advance indicate for ELVN?

Accepted Answer

Following a +10.46% 3-day Advance, the price is estimated to grow further. Considering data from situations where ELVN advanced for three days, in 189 of 228 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

What does a 3-day decline signify for ELVN's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ELVN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 9

How does the Aroon Indicator reflect on ELVN's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 118 of 135 cases where ELVN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

ELVN Stock Enliven Therapeutics (ELVN, $23.22) entered Downtrend as Momentum indicator drops below 0 level on May 28, 2024

ELVN's RSI Oscillator leaves overbought zone

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