Is Eledon Pharmaceuticals, Inc. technically bullish or bearish?

Sep 20 2025 08:02 PM IST
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As of September 12, 2025, Eledon Pharmaceuticals, Inc. is in a bearish trend, with negative indicators across multiple technical analyses and significant underperformance compared to the S&P 500.
As of 12 September 2025, the technical trend for Eledon Pharmaceuticals, Inc. has changed from mildly bearish to bearish. The weekly MACD is bearish, and the daily moving averages also indicate a bearish stance. The Bollinger Bands are showing a mildly bearish trend on the weekly chart and bearish on the monthly chart. Additionally, the KST is bearish on the weekly timeframe and mildly bearish monthly. The Dow Theory confirms a mildly bearish outlook on both weekly and monthly bases.

In terms of performance, Eledon has underperformed the S&P 500 across multiple periods, with a year-to-date return of -38.11% compared to the S&P 500's 12.22%, and a 5-year return of -84.09% versus the S&P 500's 96.61%. Overall, the current technical stance is bearish, indicating weakness in the stock's performance.
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Our weekly and monthly stock recommendations are here
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