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Elevance Health Inc.

ELV•NYSE
Healthcare
Medical - Healthcare Plans
$294.32
$6.44(2.24%)
U.S. Market is Open • 13:02

Elevance Health Inc. (ELV) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Elevance Health Inc. (NYSE:ELV).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ELV Technical Analysis Summary

Elevance Health Inc. stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.92)
Trend Strength:Very Strong (ADX: 46.34)
Volatility:Medium (ATR: 11.82)
Support/Resistance:$261.12 – $363.29 (Bollinger Bands)

Technical conditions suggest Elevance Health Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 36.92

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.71

Bearish
Momentum remains weak below midpoint.

Williams %R: -73.44

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -13.13

Strongly Bearish
Sharp downside momentum.

Takeaway:Elevance Health Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -15.60

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 46.34

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 11.82

Rising
Rising volatility, market activity increasing.

CCI (14): -31.71

Bearish
Bearish, momentum remains under pressure.

Takeaway:Elevance Health Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$363.29
Middle Band (SMA 20)
$312.20
Lower Band
$261.12
Current Position
Within Bands

Takeaway:Elevance Health Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$329.75
Middle Line (EMA 20)
$306.10
Lower Channel
$282.45
Squeeze Status
No Squeeze

Takeaway:Elevance Health Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-15.27M
Money Flow Index34.21Bearish, selling pressure outweighs inflows.
Relative Vigor Index49.75Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ELV shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Elevance Health Inc., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Elevance Health Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ