ELEVANCE HEALTH INC (ELV)
US0367521038 - Common Stock
We assign a technical rating of 8 out of 10 to ELV. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ELV is only an average performer.
The long and short term trends are both positive. This is looking good!
ELV is part of the Health Care Providers & Services industry. There are 116 other stocks in this industry. ELV outperforms 73% of them.
ELV is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, ELV turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
In the last month ELV has a been trading in a tight range between 518.90 and 547.99.
ELV has an excellent technical rating, but the quality of the setup is only medium 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
490.66
553.20
We found 2 important support areas.
- Support @511.19 from a trend line in the weekly time frame.
- A support zone ranging from 495.62 to 502.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 547.72 to 547.72. 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
CRS69.23
Mansfield0.11
10 Day High547.99
10 Day Low527.34
20 Day High547.99
20 Day Low518.9
52 Week High547.99
52 Week Low412
Performance
1 Week1.58%
2 Weeks3.94%
1 Month3.07%
3 Month6.84%
6 Month18.31%
12 Month19.63%
2 YearN/A
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)0.64
RSI(14)67.82
LBB521.38
UBB548.36
ELEVANCE HEALTH INC
NYSE:ELV (5/17/2024, 7:04:01 PM)
After market: 547.71 0 (0%)547.71
+3.82 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.7%
1 Week1.58%
2 Weeks3.94%
1 Month3.07%
3 Month6.84%
6 Month18.31%
12 Month19.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.48
ATR(20)%1.3%
ATR Inc
Range Today6.58
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High547.99
10 Day Low527.34
20 Day High547.99
20 Day Low518.9
52 Week High547.99
52 Week Low412
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume897.50K
Volume Incr-19.43%
Vol(5)856.22K
Vol(50)968.50K