Why is ELVN Down Today?

ELVN
$54.56
▼ -2.97% ($-1.62)
Last updated: Sep 11, 2026 8:35 PM ET (581 min ago)

About Enliven Therapeutics, Inc. Common Stock

Enliven Therapeutics Inc is a clinical-stage biopharmaceutical company focused on the discovery and development of small molecule therapeutics. Its product candidates include ELVN-001 is designed to specifically target the BCR-ABL fusion gene product, the oncogenic driver for patients with chronic m...

Sector: PHARMACEUTICAL PREPARATIONS
Market Cap: $1.17B
Forward P/E: -13.8
52-Week Range: $14.79 - $62.32
Employees: 63

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

MOMENTUM 50% Confidence
🎯 ELVN showing strong bearish momentum
ELVN is down 3.0% today on 0.7x average volume. The move appears to be driven by general market sentiment and momentum traders.

✅ Move Confirmation

LOW VOLUME 0.7x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

PHARMACEUTICAL PREPARATIONS sector: -0.5%

ELVN is outperforming its sector by -2.4%. This suggests a stock-specific catalyst.

Market Comparison

ELVN is significantly underperforming the market (-3.8% vs SPY)
S&P 500
SPY
+0.85%
Nasdaq 100
QQQ
+0.87%
ELVN
This Stock
-2.97%
vs S&P 500: -3.82%
vs Nasdaq: -3.84%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, ELVN is expected to trade between:
$52.92 - $55.65

Key Level to Watch

$51.83 support
Watch for breakdown below $54.56

🔔 Get ELVN Alerts

We'll notify you when ELVN's trend changes or a new signal fires.

Last updated: Sep 11, 2026 8:35 PM (581 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Neutral
Options Sentiment
1.0
Put/Call Ratio
86.5%
Implied Volatility
Call Volume: 2,471
Put Volume: 2,460
Total: 4,931

Historical Context

ELVN has moved more than 3.0% down on 42 occasions in the past year.

38.1%
Continuation Rate
16/42 times continued down
+0.77%
Avg Next Day Change
After similar down moves
Last similar move: Sep 09, 2026 (-3.2%) → Next day: -2.1%

Frequently Asked Questions

Why is ELVN stock down today?

ELVN is down 3.0% today on 0.7x average volume. The move appears to be driven by general market sentiment and momentum traders.

Is ELVN stock a buy or sell right now?

Based on current analysis, ELVN shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the ELVN stock price target?

ELVN is currently trading at $54.56. Based on today's momentum, the expected short-term range is $52.92 - $55.65. See long-term price prediction →

Will ELVN stock continue falling?

Our analysis shows a 45% probability that ELVN's move continues in the next 1-3 days. Key level to watch: $51.83 (support).

Is ELVN stock oversold or overbought?

ELVN's RSI (Relative Strength Index) is currently at 36.6. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for ELVN stock?

ELVN's 10-day momentum indicator is at -6.18. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is ELVN outperforming or underperforming the market?

ELVN (-2.97%) is currently significantly underperforming the market (-3.8% vs SPY). Today, the S&P 500 (SPY) is up 0.85%, and Nasdaq (QQQ) is up 0.87%.

What does MACD indicate for ELVN?

ELVN's MACD (0.16) is currently below the signal line (0.96), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 25.8) is strong.

Is ELVN in an uptrend or downtrend?

Based on moving average analysis, ELVN is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $58.95, 50-day SMA: $56.21.

Check Why Another Stock is Moving

Enter any ticker symbol to see real-time analysis

Popular: AAPL TSLA NVDA MSFT META AMZN GOOGL