ELANCO ANIMAL HEALTH INC (ELAN) Stock Technical Analysis
NYSE:ELAN - New York Stock Exchange, Inc. - US28414H1032 - Common Stock - Currency: USD
Overall ELAN gets a technical rating of 0 out of 10. ELAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ELAN is a bad performer in the overall market: 81% of all stocks are doing better.
ELAN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
ELAN has an average volume of 5143920 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 198 other stocks in this industry, ELAN did better than 50% of them.
In the last month ELAN has a been trading in the 8.02 - 10.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ELAN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.37
11.08
We can see 3 important resistance areas.
- Resistance @9.98 from a trend line in the weekly time frame.
- A resistance zone ranging from 10.20 to 10.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.97 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
CRS19.33
Mansfield-2.61
10 Day High9.66
10 Day Low8.02
20 Day High10.85
20 Day Low8.02
52 Week High18.8
52 Week Low8.02
Performance
1 Week16.79%
2 Weeks0.85%
1 Month-10.33%
3 Month-21.69%
6 Month-23.77%
12 Month-28.66%
2 Year-0.11%
3 Year-62.62%
5 Year-61.72%
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)0.1
RSI(14)50.09
LBB7.94
UBB9.58
9.46
+0.27 (+2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.94%
1 Week16.79%
2 Weeks0.85%
1 Month-10.33%
3 Month-21.69%
6 Month-23.77%
12 Month-28.66%
2 Year-0.11%
3 Year-62.62%
5 Year-61.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%6.86%
ATR Inc-21.49%
Range Today0.52
ADR(20)0.6
ADR(20)%6.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.33
Mansfield-2.61
10 Day High9.66
10 Day Low8.02
20 Day High10.85
20 Day Low8.02
52 Week High18.8
52 Week Low8.02
CS1 EndN/A
CR1 Start9.98
Volume & EV
DER(3)-5.89%
DER(5)-2.28%
Volume5.45M
Volume Incr-6.86%
Vol(5)5.26M
Vol(50)5.14M