Eledon (ELDN) Technical Analysis: Signals, Charts & Indicators

2.47 / 10

Underperform

The technical composite registers 2.47/10, evidencing challenging technical structure. Supportive evidence from Long Lower Shadow contends with contradictory data from Bearish Engulfing, Dark Cloud Cover, Long Upper Shadow, and MACD Death Cross. Technical evaluation: cautious.

Analysis Checks(1/5)

Long Lower Shadow

Score6.82/10

Win Rate56.10%

Hist. Signals41

Avg Return1.82%

Long Upper Shadow

Score2.53/10

Win Rate50.77%

Hist. Signals65

Avg Return-1.18%

Bearish Engulfing

Score1/10

Win Rate23.08%

Hist. Signals13

Avg Return-2.15%

MACD Death Cross

Score1/10

Win Rate33.33%

Hist. Signals6

Avg Return-1.37%

Dark Cloud Cover

Score1/10

Win Rate28.57%

Hist. Signals7

Avg Return-0.23%

Technical Analysis of ELDN?

ELDN presents a Underperform setup with a Technical Score of 2.47/10. Key technical indicators highlight an RSI of 60.99 and a MACD of -0.01, with the trend anchored by the 50-Day SMA at 2.52. Traders should monitor key support at 2.93 and resistance at 3.18.