ELDN Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Eledon Pharmaceuticals Inc (ELDN) Moving Averages Convergence Divergence (MACD) indicator is 0.0785, suggesting ELDN is Strong Buy.

Eledon Pharmaceuticals Inc (ELDN) 20-Day simple moving average is 3.749, while Eledon Pharmaceuticals Inc (ELDN) share price is $3.93, making it Buy.

Eledon Pharmaceuticals Inc (ELDN) 60-Day simple moving average is 3.713, while Eledon Pharmaceuticals Inc (ELDN) share price is $3.93, making it Buy.

Technical Analysis for ELDN

Technical Sentiment Analysis for Eledon Pharmaceuticals Inc (ELDN) As of 2026-07-07, Eledon Pharmaceuticals Inc (ELDN) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 8 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELDN stands at 56.259, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.0785, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 49.84 and the Commodity Channel Index (CCI) at 74.776 further confirm a 0.12 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELDN is trading above its 60-day moving average of $3.713 and above its 200-day long-term moving average of $2.8. Key price levels to watch include the immediate resistance at $4.254 and strong support at $3.574. A break above $4.254 could signal a bull continuation, while falling below $3.574 may test the next Fibonacci floor at $3.257.

Eledon Pharmaceuticals Inc (ELDN) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	2.894	3.257	3.574	3.937	4.254	4.617	4.934
Fibonacci	3.257	3.517	3.677	3.937	4.197	4.357	4.617

Eledon Pharmaceuticals Inc (ELDN) Technical Indicators

2026-07-07

Name	Value
RSI_14	56.259
STOCHk_14_3_3	49.84
STOCHd_14_3_3	49.503
CCI_20	74.776
AO_5_34	0.186
MOM_10	0.12
MACD_12_26_9	0.0785

Eledon Pharmaceuticals Inc (ELDN) Relative Strength Index (RSI) is 56.259, creating a Neutral signal.

Eledon Pharmaceuticals Inc (ELDN) Stochastic Oscillator is 49.84, creating a Neutral signal.

Eledon Pharmaceuticals Inc (ELDN) Stochastic RSI is 49.503, creating a Neutral signal.

Eledon Pharmaceuticals Inc (ELDN) Commodity Channel Index (CCI) is 74.776, creating a Neutral signal.

Eledon Pharmaceuticals Inc (ELDN) Awesome Oscillator is 0.186, creating a Buy signal.

Eledon Pharmaceuticals Inc (ELDN) Momentum is 0.12, creating a Buy signal.

Eledon Pharmaceuticals Inc (ELDN) MACD is 0.0785, creating a Buy signal.

Eledon Pharmaceuticals Inc (ELDN) Moving Average

2026-07-07

Period	Simple	Signal
MA_5	3.938	Sell
MA_10	3.891	Buy
MA_20	3.749	Buy
MA_60	3.713	Buy
MA_200	2.8	Buy
MA_250	2.834	Buy

Eledon Pharmaceuticals Inc (ELDN) 5-Day simple moving average is 3.938, while Eledon Pharmaceuticals Inc (ELDN) share price is $3.93, making it a Sell.

Eledon Pharmaceuticals Inc (ELDN) 10-Day simple moving average is 3.891, while Eledon Pharmaceuticals Inc (ELDN) share price is $3.93, making it a Buy.

Eledon Pharmaceuticals Inc (ELDN) 20-Day simple moving average is 3.749, while Eledon Pharmaceuticals Inc (ELDN) share price is $3.93, making it a Buy.

Eledon Pharmaceuticals Inc (ELDN) 60-Day simple moving average is 3.713, while Eledon Pharmaceuticals Inc (ELDN) share price is $3.93, making it a Buy.

Eledon Pharmaceuticals Inc (ELDN) 200-Day simple moving average is 2.8, while Eledon Pharmaceuticals Inc (ELDN) share price is $3.93, making it a Buy.

Eledon Pharmaceuticals Inc (ELDN) 250-Day simple moving average is 2.834, while Eledon Pharmaceuticals Inc (ELDN) share price is $3.93, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for ELDN?

The overall technical consensus for Eledon Pharmaceuticals Inc (ELDN) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 2 sell signals.

What are the key support and resistance levels for Eledon Pharmaceuticals Inc (ELDN) today?

Based on pivot point calculations, Eledon Pharmaceuticals Inc (ELDN) has an immediate support level at 3.574 and a major resistance level at 4.254. Traders also monitor the pivot point at 3.937 to determine the intraday trend direction.

Is Eledon Pharmaceuticals Inc (ELDN) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Eledon Pharmaceuticals Inc (ELDN) is currently 56.259. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Eledon Pharmaceuticals Inc (ELDN)?

Eledon Pharmaceuticals Inc (ELDN) Moving Averages Convergence Divergence (MACD) indicator is 0.0785, suggesting ELDN is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Eledon Pharmaceuticals Inc.

How is Eledon Pharmaceuticals Inc (ELDN) performing relative to its 200-day moving average?

Eledon Pharmaceuticals Inc (ELDN) is currently trading at $3.93, which is above its 200-day simple moving average of 2.8. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

Name

Pivot Points

Classic

2.894

3.257

3.574

3.937

4.254

4.617

4.934

Fibonacci

3.257

3.517

3.677

3.937

4.197

4.357

4.617

Name

Value

RSI_14

56.259

STOCHk_14_3_3

49.84

STOCHd_14_3_3

49.503

CCI_20

74.776

AO_5_34

0.186

MOM_10

0.12

MACD_12_26_9

0.0785

Period

Simple

Signal

MA_5

3.938

Sell

MA_10

3.891

Buy

MA_20

3.749

Buy

MA_60

3.713

Buy

MA_200

2.8

Buy

MA_250

2.834

Buy

Frequently Asked Questions