ELEVANCE HEALTH INC (ELV)
US0367521038 - Common Stock
Overall ELV gets a technical rating of 1 out of 10. ELV 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.
80% of all other stocks performed better in the past year than ELV.
ELV is part of the Health Care Providers & Services industry. There are 109 other stocks in this industry, of which 61% are performing better than ELV.
ELV is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ELV is lagging the market.
ELV has an average volume of 1860800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ELV has a been trading in the 362.21 - 398.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ELV is bad and it also does not present a quality setup 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
362.16
553.28
We found 1 important support area.
- A support zone ranging from 365.82 to 365.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 393.04 to 396.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @524.84 from a horizontal line in the daily time frame.
- A resistance zone ranging from 539.68 to 547.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.89
Mansfield-2.5
10 Day High398.43
10 Day Low364.62
20 Day High398.43
20 Day Low362.21
52 Week High567.26
52 Week Low362.21
Performance
1 Week3.56%
2 Weeks5.95%
1 Month3.9%
3 Month-8.73%
6 Month-21.39%
12 Month-15.38%
2 Year-21.37%
3 YearN/A
5 YearN/A
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)4.42
RSI(14)57.76
LBB359.23
UBB394.78
ELEVANCE HEALTH INC
NYSE:ELV (1/15/2025, 10:14:59 AM)
383.552
-9.61 (-2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2.44%
1 Week3.56%
2 Weeks5.95%
1 Month3.9%
3 Month-8.73%
6 Month-21.39%
12 Month-15.38%
2 Year-21.37%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.15
ATR(20)%2.23%
ATR Inc66.63%
Range Today12.63
ADR(20)8.54
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.89
Mansfield-2.5
10 Day High398.43
10 Day Low364.62
20 Day High398.43
20 Day Low362.21
52 Week High567.26
52 Week Low362.21
CS1 End365.96
CR1 Start393.17
Volume & EV
DER(3)-2.64%
DER(5)-1.62%
Volume392.62K
Volume Incr-16.76%
Vol(5)1.57M
Vol(50)1.86M