ELANCO ANIMAL HEALTH INC (ELAN) Stock Technical Analysis
NYSE:ELAN - New York Stock Exchange, Inc. - US28414H1032 - Common Stock - Currency: USD
Taking everything into account, ELAN scores 0 out of 10 in our technical rating. ELAN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ELAN is a bad performer in the overall market: 88% of all stocks are doing better.
ELAN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ELAN has a been trading in the 10.77 - 12.70 range, which is quite wide. It is currently trading near the lows of this range.
ELAN has an average volume of 4489000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ELAN is part of the Pharmaceuticals industry. There are 194 other stocks in this industry, ELAN did better than 41% of them.
Although the technical rating is bad, ELAN does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for ELAN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.90
13.22
When analyzing the support we notice one important area.
- A support zone ranging from 11.01 to 11.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.34 to 11.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.88 to 12.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.48 from a horizontal line in the daily time frame.
- Resistance @13.09 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.07
Mansfield-2.77
10 Day High12.17
10 Day Low10.77
20 Day High12.7
20 Day Low10.77
52 Week High18.8
52 Week Low10.77
Performance
1 Week-5.49%
2 Weeks-7.94%
1 Month-8.62%
3 Month-17.51%
6 Month-24.37%
12 Month-32.68%
2 Year-3.92%
3 Year-61.21%
5 Year-59.78%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)35.32
LBB10.91
UBB12.04
11.02
-0.11 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.99%
1 Week-5.49%
2 Weeks-7.94%
1 Month-8.62%
3 Month-17.51%
6 Month-24.37%
12 Month-32.68%
2 Year-3.92%
3 Year-61.21%
5 Year-59.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%3.77%
ATR Inc10.31%
Range Today0.69
ADR(20)0.41
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.07
Mansfield-2.77
10 Day High12.17
10 Day Low10.77
20 Day High12.7
20 Day Low10.77
52 Week High18.8
52 Week Low10.77
CS1 End11.01
CR1 Start11.34
Volume & EV
DER(3)2.33%
DER(5)4.59%
Volume7.33M
Volume Incr-2.08%
Vol(5)4.63M
Vol(50)4.49M