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Is ELUT building bearish momentum? New 52 Week Closing Low shows up after slipping 3.28%

SwingTradeBot Nightly Stock Scan: Elutia, Inc. (ELUT) — Technical Patterns & Alerts · Sep 16, 2025, 19:47 ET
On Tuesday, September 16th, ELUT moved down 3.28% while volume surged to 2.5× the usual levels. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 1.13, 1.08 & 0.99, with resistance at 1.27, 1.37 & 1.42. Technical indicators like Slow Stochastic reveal oversold momentum right now.

Current SwingTradeBot Technical Rating of ELUT: F

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Elutia Inc. (ELUT)